8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

March 30, 2021

____________________

Commission File Number	Registrant; State of Incorporation; Address; and Telephone Number	IRS Employer Identification No.
001-09057	WEC ENERGY GROUP, INC.	39-1391525

(A Wisconsin Corporation)

231 West Michigan Street

P.O. Box 1331

Milwaukee, WI 53201

(414) 221-2345

001-01245 WISCONSIN ELECTRIC POWER COMPANY 39-0476280

(A Wisconsin Corporation)

231 West Michigan Street

P.O. Box 2046

Milwaukee, WI 53201

(414) 221-2345

001-03016 WISCONSIN PUBLIC SERVICE CORPORATION 39-0715160

(A Wisconsin Corporation)

2830 South Ashland Avenue

P.O. Box 19001

Green Bay, WI 54307-9001

(800) 450-7260

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Registrant	Title of each class	Trading Symbol(s)	Name of each exchange on which registered
WEC Energy Group, Inc.	Common Stock, $.01 Par Value	WEC	New York Stock Exchange

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

                                Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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ITEM 8.01 OTHER EVENTS

On March 30, 2021, Wisconsin Electric Power Company (“WE”), Wisconsin Gas LLC (“WG”), and Wisconsin Public Service Corporation (“WPS”), utility subsidiaries of WEC Energy Group, Inc. (collectively, the “WEC Utilities”), filed a request with the Public Service Commission of Wisconsin (the “PSCW”) to allow the WEC Utilities to forego requests to increase electric, natural gas and steam base rates effective January 1, 2022 (the “Application”).

In connection with the Application, which can be viewed on the PSCW’s website, the WEC Utilities entered into an Agreement with Wisconsin Industrial Energy Group, Citizens Utility Board, Inc. and Clean Wisconsin, Inc. (collectively, the “Stakeholder Groups”), dated March 23, 2021 (the “Agreement”). Pursuant to the terms of the Agreement, the Stakeholder Groups fully support the Application.

Based upon the terms of the Agreement, the WEC Utilities expect to file full test year 2023-2024 base rate cases by no later than May 1, 2022.

We expect the PSCW to review and consider the Application over the next two to three months.

The material and information contained on the PSCW’s website is not intended to be a part of, or incorporated by reference into, this Current Report on Form 8-K.

Forward-Looking Statements

Certain statements contained in this Current Report on Form 8-K are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based upon management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these statements. Forward-looking statements include, among other things, statements concerning management's expectations and projections regarding regulatory actions and decisions and expected rate case filings. The following factors, in addition to those discussed in each of WEC Energy Group, Inc.’s, WE’s, and WPS’s Annual Report on Form 10-K for the year ended December 31, 2020 and in subsequent reports filed with the Securities and Exchange Commission, could cause actual results to differ materially from those contemplated in any forward-looking statements: the possibility that the PSCW’s order will differ from the terms of the Application; the timing, resolution and impact of rate cases and other regulatory decisions; any future amendments to the Agreement; general economic conditions, including business and competitive conditions in WEC Energy Group, Inc.’s service territories; the extent, duration and impact of the COVID-19 pandemic or any future health pandemics; availability of generating facilities and/or distribution systems; unanticipated changes in fuel and purchased power costs; key personnel changes; varying, adverse or unusually severe weather conditions; continued industry restructuring and consolidation; continued advances in, and adoption of, new technologies that produce power or reduce power consumption; energy and environmental conservation efforts; cyber-security threats and data security breaches; equity and bond market fluctuations; changes in WEC Energy Group, Inc.’s and its subsidiaries’ ability to access the capital markets; changes in tax legislation or WEC Energy Group, Inc.’s and its subsidiaries' ability to use certain tax benefits and carryforwards; the impact of legislative and regulatory changes, including changes to environmental standards and greenhouse gas regulations; political developments; current and future litigation and regulatory investigations, proceedings or inquiries; changes in accounting standards; and the ability of WEC Energy Group, Inc. or its subsidiaries to obtain additional generating capacity at competitive prices. Except as may be required by law, WEC Energy Group, Inc., WE, and WPS expressly disclaim any obligation to publicly update or revise any forward-looking information.

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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
	WEC ENERGY GROUP, INC.
	(Registrant)
	/s/ William J. Guc
Date: March 30, 2021	William J. Guc, Vice President and Controller
	WISCONSIN ELECTRIC POWER COMPANY
	(Registrant)
	/s/ William J. Guc
Date: March 30, 2021	William J. Guc, Vice President, Controller and
	Assistant Corporate Secretary
	WISCONSIN PUBLIC SERVICE CORPORATION
	(Registrant)
	/s/ William J. Guc
Date: March 30, 2021	William J. Guc, Vice President, Controller and
	Assistant Corporate Secretary

4

XML

Cover Page	Mar. 30, 2021
Cover [Abstract]
Document Type	8-K
Document Period End Date	Mar. 30, 2021
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Amendment Flag	false
Entity Information [Line Items]
Entity File Number	001-09057
Entity Registrant Name	WEC ENERGY GROUP, INC.
Entity Tax Identification Number	39-1391525
Entity Incorporation, State or Country Code	WI
Entity Address, Address Line One	231 West Michigan Street
Entity Address, Address Line Two	P.O. Box 1331
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53201
City Area Code	414
Local Phone Number	221-2345
Title of 12(b) Security	Common Stock, $.01 Par Value
Trading Symbol	WEC
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0000783325
Wisconsin Electric Power Company
Entity Information [Line Items]
Entity File Number	001-01245
Entity Registrant Name	WISCONSIN ELECTRIC POWER COMPANY
Entity Tax Identification Number	39-0476280
Entity Incorporation, State or Country Code	WI
Entity Address, Address Line One	231 West Michigan Street
Entity Address, Address Line Two	P.O. Box 2046
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53201
City Area Code	414
Local Phone Number	221-2345
Entity Central Index Key	0000107815
Wisconsin Public Service Corporation
Entity Information [Line Items]
Entity File Number	001-03016
Entity Registrant Name	WISCONSIN PUBLIC SERVICE CORPORATION
Entity Tax Identification Number	39-0715160
Entity Incorporation, State or Country Code	WI
Entity Address, Address Line One	2830 South Ashland Avenue
Entity Address, Address Line Two	P.O. Box 19001
Entity Address, City or Town	Green Bay
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	54307-9001
City Area Code	800
Local Phone Number	450-7260
Entity Central Index Key	0000107833