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WEC ENERGY GROUP HONORED FOR PUERTO RICO POWER RESTORATION

The Edison Electric Institute (EEI) has presented WEC Energy Group with the association’s
special 2018 Emergency Assistance Award for its contributions to the emergency power
restoration mission in Puerto Rico following Hurricane Maria. The devastating Category 4
hurricane made landfall in Puerto Rico September 20, 2017.

XCEL ENERGY REDEVELOPS BUTTERFLY AND BEE HABITAT

Xcel Energy is giving monarch butterflies, honey bees and other pollinators new life by redeveloping a dry prairie in Eau Claire. As part of National Pollinator Week, prairie enthusiasts, Xcel Energy employees, staff from the Wisconsin Department of Natural Resources and children from the summer program at the Eau Claire Indoor Sports Center helped plant milkweed and other pollinator-friendly plants on two-acres of property near Xcel Energy’s Wisconsin headquarters in Eau Claire. The event was part of a week-long national effort to recognize the importance of pollinators.

WISCONSIN ALLIANT CUSTOMERS TO RECEIVE A RATE FREEZE

Wisconsin customers of Alliant Energy will see no increase to base electric and natural gas rates through 2020 under a proposal filed with the Public Service Commission of Wisconsin (PSCW). Customer rates will drop for the remainder of 2018 due to bill credits following a separate PSCW decision.

“The rate freeze is a win for customers,” according to John Larsen, President of Alliant Energy Corporation. “We’ve worked hard to hold the line on costs through 2020. It’s important to us to deliver cleaner power to families and businesses while keeping rates down.”

The company reached agreement on the proposal with significant input and collaboration from the Citizens Utility Board (CUB) and Wisconsin Industrial Energy Group (WIEG). If approved by the PSCW, the plan would be in effect 2019-2020. A decision is expected later in 2018. No rate increase proposed for 2019-2020. The proposal reflects Alliant Energy’s efforts to lower operational and fuel costs, along with expected tax savings from the 2017 Tax Cuts and Jobs Act. Included are investments for making electricity from cleaner and renewable sources. Alliant Energy’s retail electric rates are among the lowest in Wisconsin.

ates

MGE HAS STRONG CREDIT RATINGS

MGE Energy’s regulated utility, Madison Gas and Electric (MGE), continues to have top credit ratings in the nation for regulated utilities. Standard & Poor’s (S&P) and Moody’s give MGE the highest credit ratings for investor-owned, combination utilities.

S&P cites MGE’s effective management of regulatory risk, strong regulatory environment, focus on regulated, vertically integrated electric and natural gas distribution operations and conservative financial policies that ensure strong credit quality.

In its review, Moody’s cites MGE’s supportive regulatory environment that provides revenue and cash flow and stable and healthy credit metrics. Moody’s also states that its stable outlook rating assumes future prudently incurred investments will be recovered.

XCEL ENERGY NAMED MOST ADMIRED COMPANY FOR FOURTH CONSECUTIVE YEAR

Xcel Energy has been recognized by Fortune magazine as one of the World’s
Most 
Admired Companies. This is the fourth consecutive year that the company has earned this distinction, ranking fourth this year as most admired electric and gas utility.

WEC ENERGY GROUP RECOGNIZED FOR RESEARCH AND DEVELOPMENT

Several WEC Energy Group employees recently received Technology Transfer Awards from the Electric Power Research Institute (EPRI) for their achievements in research and development. The majority of the group was honored for an innovative project to prevent bat fatalities at We Energies’ BlueSky Green Field Wind Energy Center. During the first-of-its-kind project, the team deployed smart technology on several wind turbines. The technology included acoustic devices that could detect bats in the area. The bat data, along with weather information, were then entered into a predictive model that continuously evaluated the risk of bat activity near the turbines. Wind farm operators could use the data to decide when to curtail operation.

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