Company: WELPM
Filing Date: 2025-09-18
Form Type: 424B5
Source: 0001104659-25-091050
Chunk: 29

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-09-18
Form: 424B5
Chunk 29
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ABOUT THIS PROSPECTUS</div>

In this prospectus, “we,” “us,”
“our” and “Wisconsin Electric” refer to Wisconsin Electric Power Company, unless the context indicates otherwise.

This prospectus is part of a registration statement
that we filed with the Securities and Exchange Commission (“SEC”) utilizing a “shelf” registration process. Under
this shelf process, we may offer to the public the debt securities described in this prospectus in one or more offerings.

This prospectus provides you with only a general
description of the debt securities we may offer. Each time we offer debt securities, we will provide a prospectus supplement to this prospectus
that will contain specific information about the particular debt securities and terms of that offering. In the prospectus supplement,
we will describe the interest rate, payment dates, ranking, maturity and other terms of any debt securities that we issue and sell.

The prospectus supplement will also describe the
proceeds and uses of proceeds from the debt securities, together with the names and compensation of the underwriters, if any, through
whom the debt securities are being issued and sold, and other important considerations for investors. The prospectus supplement may also
add to, update or change information contained in this prospectus.

If there is any inconsistency between the information
in this prospectus and any prospectus supplement, you should rely on the information in the prospectus supplement. Please carefully read
this prospectus and the applicable prospectus supplement, in addition to the information contained in the documents we refer you to under
the heading “WHERE YOU CAN FIND MORE INFORMATION.”

<div align='center'>RISK FACTORS</div>

Investing in the debt securities of Wisconsin Electric
involves risk. Please see the risk factors under the heading “Risk Factors” described in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, which is incorporated by reference in this prospectus and which may be amended,
supplemented or superseded from time to time by other reports we file with the SEC in the future. Before making an investment decision,
you should carefully consider these risks as well as other information contained or incorporated by reference in this prospectus.

<div align='center'>FORWARD-LOOKING STATEMENTS AND CAUTIONARY FACTORS</div>

We have included or may include statements in this
prospectus or in any prospectus supplement (including documents incorporated by reference) that constitute “forward-looking statements