Company: WELPM
Filing Date: 2025-12-02
Form Type: 424B5
Source: 0001104659-25-117538
Chunk: 29

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-12-02
Form: 424B5
Chunk 29
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13(a), 13(c), 14 or 15(d) of the Exchange Act until we complete our sale of the securities to
the public:

Information furnished under Items 2.02
or 7.01 of any Current Report on Form 8-K will not be incorporated by reference into this prospectus supplement or the accompanying prospectus
unless specifically stated otherwise. We will provide, at no cost, to each person, including any beneficial owner, to whom this prospectus
supplement and the accompanying prospectus are delivered, a copy of any or all of the information that has been incorporated by reference
into, but not delivered with, this prospectus supplement and the accompanying prospectus, upon written or oral request to us at:

Wisconsin Electric Power Company

231 West Michigan Street

P. O. Box 2046

Milwaukee, Wisconsin 53201

Attn: Ms. Margaret C. Kelsey, Executive Vice President, General
Counsel and Corporate Secretary

Telephone: (414) 221-2345

<div align='center'>S-17</div>

PROSPECTUS

<div align='center'>$3,500,000,000

WISCONSIN ELECTRIC POWER COMPANY

Debt Securities</div>

Wisconsin Electric Power Company may issue and
sell debt securities to the public. We urge you to read this prospectus and the applicable prospectus supplement carefully before you
make your investment decision.

This prospectus describes some of the general terms
that may apply to these debt securities. The specific terms of any debt securities to be offered, and any other information relating to
a specific offering, will be set forth in a prospectus supplement that will describe the interest rates, payment dates, ranking, maturity
and other terms of any debt securities that we issue or sell.

We may offer and sell these debt securities to
or through one or more underwriters, dealers and agents, or directly to purchasers, on a continuous or delayed basis. The supplements
to this prospectus will provide the specific terms of the plan of distribution. This prospectus may not be used to offer and sell securities
unless accompanied by a prospectus supplement.

See “Risk Factors” on page 1 of this prospectus and “Risk Factors” contained in any applicable prospectus supplement and documents incorporated by reference for information on certain risks related to the purchase of the debt securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this