Discontinued — last reported Q4 '24
Products & Services · Approved rate increase (as a percent)
Natural gas — Approved rate increase (as a percent)
WEC Energy Group Natural gas — Approved rate increase (as a percent) increased by 57.8% to 7.1% 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 revenue growth, while lower percentages may constrain margin expansion.
Detailed definition
The percentage increase in customer rates authorized by regulatory bodies for the natural gas segment. This metric is a...
Peer comparison
Standard metric for comparing regulatory outcomes across utility peers.
Metric ID:
wec_segment_natural_gas_approved_rate_increase_as_a_percentHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | 9.6% | 4.5% | 7.1% |
| QoQ Change | — | -53.1% | +57.8% |
| YoY Change | — | -53.1% | +57.8% |
Range4.5% – 9.6%
Avg YoY Growth+2.3%
Median YoY Growth+2.3%
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Frequently Asked Questions
- What is WEC Energy Group's natural gas — approved rate increase (as a percent)?
- WEC Energy Group (WEC) reported natural gas — approved rate increase (as a percent) of 7.1% in Q4 2024.
- What does natural gas — approved rate increase (as a percent) mean?
- The percentage rate hike authorized by regulators for the gas business.