Company: WELPM
Filing Date: 2025-12-02
Form Type: 424B5
Source: 0001104659-25-117538
Chunk: 13

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-12-02
Form: 424B5
Chunk 13
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information about DTC can be found at www.dtcc.com. The contents of such website do not constitute part of this prospectus
supplement or the accompanying prospectus.

Purchases of the Debentures under
the DTC system must be made by or through Direct Participants, which will receive a credit for the Debentures on DTC’s
records. The ownership interest of each actual purchaser of each Debenture (“Beneficial Owner”) is in turn to be
recorded on the Direct and Indirect Participants’ records. Beneficial Owners will not receive written confirmation from DTC of
their purchases. Beneficial Owners, however, are expected to receive written confirmations providing details of the transactions, as
well as periodic statements of their holdings, from the Direct or Indirect Participants through which the Beneficial Owners
purchased Debentures. Transfers of ownership interests in the Debentures are to be accomplished by entries made on the books of
Direct and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive certificates representing
their ownership interests in the Debentures, except in the event that use of the book-entry system for the Debentures is
discontinued.

<div align='center'>S-7</div>

To facilitate subsequent transfers, all
Debentures deposited by Direct Participants with DTC are registered in the name of DTC’s partnership nominee, Cede & Co., or
such other name as may be requested by an authorized representative of DTC. The deposit of the Debentures with DTC and their registration
in the name of Cede & Co. or such other DTC nominee do not effect any changes in beneficial ownership. DTC has no knowledge of the
actual Beneficial Owners of the Debentures. DTC’s records reflect only the identity of the Direct Participants to whose accounts
such Debentures are credited, which may or may not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible
for keeping account of their holdings on behalf of their customers.

Conveyance of notices and other communications
by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to
Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect
from time to time.

Redemption notices will be sent to DTC.
If less than all the Debentures are being redeemed, DTC’s