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Wisconsin Electric Power (WELPP) guidance and outlook
Wisconsin Electric Power's 10-Q filed Oct 30, 2026 makes 31 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Oct 30, 2026
- Microsoft has announced plans to invest over $20 billion in data centers in southeastern Wisconsin over the next several years, and we expect up to 3.2 GWs of load growth in the Milwaukee-to-Chicago corridor through 2031.
- We are working closely with these large customers to provide power to meet this substantial projected demand.
- To meet the forecasted electric demand growth in the years ahead, greater capacity will be required to provide affordable, reliable, and clean energy for our communities.
- WEC Energy Group's plan is to build and own zero-carbon-emitting renewable generation facilities that are anticipated to include the following investments to be made by either us or WPS based on specific customer needs:
- We have made significant reliability-related investments in recent years, and in accordance with the WEC Energy Group capital plan, expect to continue strengthening and modernizing our generation fleet, as well as our electric and natural gas distribution networks to further improve reliability.
- • The PSCW approved our request to construct an LNG facility with a storage capacity of two Bcf, which will be located on the OCPP site.
- The facilities are expected to reduce the likelihood of constraints on our natural gas distribution system during the highest demand days of winter.
- We continually look for ways to optimize the operating efficiency of our Company and will continue to do so under the WEC Energy Group capital plan.
- Under our "Target Zero" mission, we have an ultimate goal of zero incidents, accidents, and injuries.
- Management and union leadership work together to reinforce the Target Zero culture.
- We expect our 2026 annual effective tax rate to be between 13.0% and 14.0%.
- We expect to maintain adequate liquidity to meet our cash requirements for the operation of our business and implementation of our corporate strategy through the internal generation of cash from operations and access to the capital markets.
Wisconsin Electric Power's latest quarter
Wisconsin Electric Power, Q3 2026: revenue $1.4B (+14% year over year), operating margin 29.1%, net earnings $252M, operating cash flow $546M. The chart follows the revenue to costs, profit and cash.
Questions
What does Wisconsin Electric Power expect?
Microsoft has announced plans to invest over $20 billion in data centers in southeastern Wisconsin over the next several years, and we expect up to 3.2 GWs of load growth in the Milwaukee-to-Chicago corridor through 2031. We are working closely with these large customers to provide power to meet this substantial projected demand. To meet the forecasted electric demand growth in the years ahead, greater capacity will be required to provide affordable, reliable, and clean energy for our communities.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.