Company: WELPM
Filing Date: 2025-03-27
Form Type: DEF 14C
Source: 0000107815-25-000155
Chunk: 182

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-03-27
Form: DEF 14C
Chunk 182
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 the impact of WEPCo Environmental Trust on our balance sheets:

|                                              | (in millions) |   | December 31, 2024 |     |   | December 31, 2023 |
|:---------------------------------------------|:--------------|:--|------------------:|:----|:--|------------------:|
| Assets                                       |               |   |                   |     |   |                   |
| Other current assets (restricted cash)       |               | $ |               1.5 |     | $ |               0.8 |
| Regulatory assets                            |               |   |              76.5 |     |   |              85.9 |
| Other long-term assets (restricted cash)     |               |   |               0.6 |     |   |               0.6 |
| Liabilities                                  |               |   |                   |     |   |                   |
| Current portion of long-term debt            |               |   |               9.2 |     |   |               9.0 |
| Other current liabilities (accrued interest) |               |   |               0.1 |     |   |               0.1 |
| Long-term debt                               |               |   |              76.4 |     |   |              85.3 |

#### NOTE 22—COMMITMENTS AND CONTINGENCIES
We have significant commitments and contingencies arising from our operations, including those related to unconditional purchase obligations, environmental matters, and enforcement and litigation matters.

#### Unconditional Purchase Obligations
We have obligations to distribute and sell electricity and natural gas to our customers and expect to recover costs related to these obligations in future customer rates. In order to meet these obligations, we routinely enter into long-term purchase and sale commitments for various quantities and lengths of time.

The following table shows our minimum future commitments related to these purchase obligations as of December 31, 2024:

| (in millions)                                 
 Electric utility:                             |     | Date Contracts Extend Through |     | Total Amounts Committed |         |     | Payments Due By Period 
 2025                   |       |     | 2026 |       |     | 2027 |       |     | 2028 |       |     | 2029 |       |     | Later Years |         |
|:----------------------------------------------|:----|------------------------------:|:----|:------------------------|--------:|:----|:-----------------------|------:|