We Energies and Wisconsin Public Service — both owned by WEC Energy Group — have filed applications with the Public Service Commission of Wisconsin to increase electric and gas rates in 2025 and 2026.

We Energies hopes to increase electric rates by 6.9 percent in 2025 and 4.6 percent in 2026, according to the utility’s application with the PSC. It also requested increases for both of the gas utilities it owns. One of the gas utilities would increase rates by 10 percent next year and 5.1 percent by 2026. The other asked to increase rates by 8.2 percent in 2025 and 3.6 percent in 2026. We Energies’ steam utility in downtown Milwaukee also asked for an 8.4 percent rate hike in 2025 but no increase in 2026.

Meanwhile, Wisconsin Public Service is requesting an 8.5 percent electric rate increase in 2025 and a 4.9 percent increase in 2026, according to the utility’s application. WPS also requested gas rate increases of 6.8 percent next year and 3.9 percent in 2026.

The rate increases need approval from the Wisconsin public Service Commission after review and potential modification.