WELPMWisconsin Electric Power Co.
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About Wisconsin Electric Power Co. (WELPM)
Wisconsin Electric Power Co. (WELPM) is a Utilities - Regulated Electric company headquartered in Milwaukee, WI, United States whose shares trade over-the-counter on the OTCQB tier.
Wisconsin Electric Power Company, which does business under the trade name of We Energies, is a wholly owned subsidiary of WEC Energy Group, Inc.. Wisconsin Electric was incorporated in the state of Wisconsin in 1896. We maintain our principal executive offices in Milwaukee, Wisconsin and serve customers in Wisconsin. We conduct our business primarily through our utility segment: 1) we generate and distribute electric energy to approximately 1,175,000 customers located in southeastern Wisconsin (including the metropolitan Milwaukee area), east central Wisconsin, and northern Wisconsin; 2) we provide natural gas utility service to approximately 514,600 customers in three distinct service areas in Wisconsin, including west and south of the City of Milwaukee, the Appleton area, and areas within Iron and Vilas Counties; and 3) we have a steam utility that generates, distributes, and sells steam supplied by the Valley Power Plan (VAPP) to customers in metropolitan Milwaukee, Wisconsin. Steam is used by approximately 400 customers for processing, space heating, domestic hot water, and humidification.
Products and services
Wisconsin Electric conducts its operations primarily through its reportable utility segment consisting of electric utility operations, natural gas utility operations, and steam utility operations.
WELPM key facts
- Ticker symbol
- WELPM
- Market tier
- OTCQB
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Headquarters
- Milwaukee, WI, United States
- Country of incorporation
- US
- Year of incorporation
- 1896
- Employees
- 2,497
- Estimated market cap
- $4.81M (as of May 14, 2025)
- Shares outstanding
- 44,498
- Reporting standard
- U.S. Reporting: SEC Reporting
- Audit status
- Audited
- Fiscal year end
- 12/31
Wisconsin Electric Power Co. leadership
- Scott J. Lauber — CEO
- Michael W. Hooper — President
- Margaret C. Kelsey — EVP, Corporate Secretary, General Counsel
- Xia Liu — EVP, CFO
- M. Beth Straka — SVP, Inv. Rel.
- William J. Guc — Vice President, Controller, Principal Acct. Officer, Assistant Corporate Secretary
- Anthony L Reese — Vice President, Treasurer
- Kyle A Hoops — Vice President
Explore more: Utilities - Regulated Electric stocks · Utilities sector · OTCQB stocks · OTC stocks starting with W
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