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PSC approves WEPCO's 2026 fuel cost plan but excludes Elm Road co-firing charges
Summary
The Public Service Commission on Nov. 20 approved Wisconsin Electric Power Company's 2026 monitored fuel cost plan after adopting staff's audited estimate and maintaining a contested adjustment that removes Elm Road natural-gas co-firing and related demand charges from 2026 rates.
The Public Service Commission of Wisconsin voted Nov. 20 to approve Wisconsin Electric Power Company's 2026 monitored fuel cost plan, adopting commission staff's audited estimate and maintaining an adjustment that excludes certain natural-gas co-firing costs at the Elm Road plant.
Commissioner Neach, who led the discussion, said the utility filed monitored fuel costs for 2026 at $43.42 per megawatt-hour but that staff's audit, after twelve adjustments, revised the estimate to $45.24 per megawatt-hour, a 4.57% increase over the 2025 estimate. Neach said staff's adjustments increased the…
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