Your MoneyWednesday, November 4
We Energies has asked for a 9.25% rate hike, and 7 of 13 Racine County districts see more state aid
The Daily Racine team
If you're a We Energies customer, a decision on your electric bill is close. The state Public Service Commission is expected to rule in the next few days on the utility's proposal to raise residential electric rates 9.25% in 2027 and 5.5% in 2028. In recent rate cases, the PSC has shown a willingness to approve smaller hikes than requested.
A typical monthly electric bill would rise to $166 by 2028
Source: Milwaukee Journal Sentinel
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| Value | |
|---|---|
| Now | $142 |
| 2027 (proposed) | $157 |
| 2028 (proposed) | $166 |
- Biggest driver: $230 million in new energy projects through 2028
- Data centers: separate rate, including Microsoft's Mount Pleasant campus
- Profit sought: 9.9% return on equity, up from 9.8%
- PSC staff recommended 9.5%; Citizens Utility Board asked for 9.1%
School budgets are moving, too. The Journal Times reports seven of 13 Racine County districts see an increase in state aid, and most districts see more for 2026-27. The amount a district receives is mainly shaped by local property valuation, enrollment and shared costs.
Seven of 13 Racine County districts see more state aid
7 of 13
- see an increase
- 6 did not see an increase
Source: Journal Times
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| Count | Share | |
|---|---|---|
| see an increase | 7 | 54% |
| did not see an increase | 6 | 46% |
Sources: Milwaukee Journal Sentinel, Journal Times