NewInsight: Investor-owned utilities charge 23% more for power

We Energies electricity rates

What homes pay We Energies for electricity, from EIA.

Investor-owned utility, 1,063,325 homes in Wisconsin. EIA lists it as Wisconsin Electric Power Co.

Headlines

Average price
21.3¢ a kWh
Up 6.1% on a year ago
Average bill
$136 a month
Up 6.7% on a year ago
Average use
640 kWh
A month. Wisconsin 665 kWh
Price rank in Wisconsin
1 of 8
1 is the most expensive

Over the 12 months to August 2026, We Energies homes paid 21.3¢ a kWh, against 18.8¢ across Wisconsin.

We Energies vs Wisconsin

We EnergiesWisconsin
Average price, 12 months to August 202621.3¢18.8¢
Price in August 202621.8¢19.4¢
Average monthly bill, 12 months$136$125
Bill in August 2026$169$148
Average monthly use640 kWh665 kWh
Price change, past year+6.1%+6.1%
Price change since 2019+38%+33%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026