Discontinued — last reported Q4 '24

Products & Services · Approved rate increase

Natural gas — Approved rate increase

WEC Energy Group Natural gas — Approved rate increase increased by 72.8% to $41.30M 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 values indicate successful regulatory outcomes and improved revenue recovery, while lower values may signal regulatory friction or limited cost recovery.

Detailed definition

The absolute monetary value of rate increases authorized by regulatory commissions for the natural gas segment. This met...

Peer comparison

Key performance indicator for all regulated utility companies.

Metric ID: wec_segment_natural_gas_approved_rate_increase

Historical Data

3 periods
 Q4 '22Q4 '23Q4 '24
Value$46.50M$23.90M$41.30M
QoQ Change-48.6%+72.8%
YoY Change-48.6%+72.8%
Range$23.90M$46.50M
Avg YoY Growth+12.1%
Median YoY Growth+12.1%

Frequently Asked Questions

What is WEC Energy Group's natural gas — approved rate increase?
WEC Energy Group (WEC) reported natural gas — approved rate increase of $41.30M in Q4 2024.
What does natural gas — approved rate increase mean?
The total dollar amount of rate hikes approved by regulators for the gas business.