WEC Energy Group, Inc. (WEC) stock prospects


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WEC Energy Group, located in Milwaukee, is a 98% -regulated energy company serving 4.7 million utility customers in Wisconsin (about 65%of customers), Illinois (17%), Minnesota ( 5%) and Michigan (5%). The company is an electric generator with transmission and distribution operations and provides natural gas. It has over 15 utility sub -companies, mainly We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. Its other large sub -company, we power, design, build, and own electricity generation plants. WEC revenue by business has been approximately 75% of regulated electricity generation and distribution and 22% regulated natural gas distribution. In 2023, there were about 14% of MWH sales for resale customers and 4% for wholesale, while large industrial customers were 33%. WEC is heavily dependent on the Wisconsin economy and the dairy industry.

The company's current production capacity is approximately 9 w w



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