Company: WELPM
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000107815-25-000207
Chunk: 152

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 152
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 impact on net income. 

(3)Represents costs associated with the We Power generation units, including operating and maintenance costs we recognized. During the nine months ended September 30, 2025 and 2024, $88.9 million and $86.7 million, respectively, of costs were billed to or incurred by us related to the We Power generation units, with the difference in costs billed or incurred and expenses recognized, either deferred or deducted from the regulatory asset.

09/30/2025 Form 10-Q37Wisconsin Electric Power Company

The following tables provide information on delivered sales volumes by customer class and weather statistics:

Nine Months Ended September 30MWh (in thousands)Electric Sales Volumes20252024B (W)Customer ClassResidential6,202.0 6,047.4 154.6 Small commercial and industrial6,676.7 6,569.9 106.8 Large commercial and industrial4,962.1 4,925.0 37.1 Other68.0 72.7 (4.7)Total retail17,908.8 17,615.0 293.8 Wholesale 513.3 432.4 80.9 Resale3,672.3 3,734.1 (61.8)Total sales in MWh22,094.4 21,781.5 312.9 

Nine Months Ended September 30Therms (in millions)Natural Gas Sales Volumes20252024B (W)Customer ClassResidential259.8 219.0 40.8 Commercial and industrial152.8 127.6 25.2 Total retail412.6 346.6 66.0 Transportation190.7 179.6 11.1 Total sales in therms603.3 526.2 77.1 

Nine Months Ended September 30Degree DaysWeather (1)20252024B (W)Heating (4,176 Normal)4,364 3,360 29.9 %Cooling (707 Normal)750 802 (6.5)%

(1)Normal degree days are based on a 20-year moving average of monthly temperature readings from National Oceanic and Atmospheric Administration weather stations within our service territory.

09/30/2025 Form 10-Q38Wisconsin Electric Power Company

Gross Margin