Company: WELPM
Filing Date: 2025-03-27
Form Type: DEF 14C
Source: 0000107815-25-000155
Chunk: 146

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-03-27
Form: DEF 14C
Chunk 146
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0.1 |

(1) Includes amounts related to the purchase or sale of natural gas and/or pipeline capacity.

(2) Includes amounts charged for services, pass through costs, asset and liability transfers, and other items in accordance with the approved AIA.

(3) We have a long-term service agreement with a wholly owned subsidiary of Bluewater that was previously approved by the PSCW. Bluewater owns natural gas storage facilities in Michigan and provides a portion of our current storage needs.

(4) We make lease payments to We Power for PWGS Units 1 and 2 and ERGS Units 1 and 2. See Note 15, Leases, for more information.

#### NOTE 5—OPERATING REVENUES
For more information about our significant accounting policies related to operating revenues, see Note 1(d), Operating Revenues.

#### Disaggregation of Operating Revenues
The following tables present our operating revenues disaggregated by revenue source for our utility segment. We do not have any revenues associated with our other segment. We disaggregate revenues into categories that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors. Revenues are further disaggregated by electric and natural gas operations and then by customer class. Each customer class within our electric and natural gas operations has different expectations of service, energy and demand requirements, and can be impacted differently by regulatory activities within their jurisdictions.

|                                              | (in millions) | Year Ended December 31 |    2024 |     |   |    2023 |     |   |    2022 |
|:---------------------------------------------|:--------------|:-----------------------|--------:|:----|:--|--------:|:----|:--|--------:|
| Wisconsin Electric Power Company             |               |                        |         |     |   |         |     |   |         |
| Electric utility                             |               | $                      | 3,522.7 |     | $ | 3,540.2 |     | $ | 3,448.7 |
| Natural gas utility                          |               |                        |   442.4 |     |   |   489.8 |     |   |   606.8 |
| Total revenues from contracts with customers |               |                        | 3,965.1 |     |   | 4,030.0 |     |   | 4,055.5 |
| Other operating revenues                     |               |