Discontinued — last reported Q4 '24
Products & Services · Approved rate increase (as a percent)
Electric — Approved rate increase (as a percent)
WEC Energy Group Electric — Approved rate increase (as a percent) increased by 273.1% to 4.5% in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2024
How to read this metric
Higher percentages indicate stronger regulatory support for cost recovery, though they may face political or consumer pushback.
Detailed definition
This metric expresses the approved electric rate adjustment as a percentage of the existing rate base. It provides a nor...
Peer comparison
Widely used by investors to gauge the 'regulatory friendliness' of a utility's operating jurisdiction.
Metric ID:
wec_segment_electric_approved_rate_increase_as_a_percentHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | 9.8% | -2.6% | 4.5% |
| QoQ Change | — | -126.5% | +273.1% |
| YoY Change | — | -126.5% | +273.1% |
Range-2.6% – 9.8%
Avg YoY Growth+73.3%
Median YoY Growth+73.3%
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Frequently Asked Questions
- What is WEC Energy Group's electric — approved rate increase (as a percent)?
- WEC Energy Group (WEC) reported electric — approved rate increase (as a percent) of 4.5% in Q4 2024.
- What does electric — approved rate increase (as a percent) mean?
- The percentage increase in customer rates approved by regulators.