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WEC Energy Group joins effort to expand electric vehicle charging across the Midwest

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WEC Energy Group (NYSE: WEC) is collaborating with 12 utilities across the Midwest to enhance electric vehicle (EV) charging infrastructure. This initiative aims to ease access to EV charging options within its service areas, supporting over 2 million EVs currently in the U.S. and anticipating a tenfold increase by 2030. The company is also investing significantly in its own EV charging network, with 50 public charging ports already operational and pilot programs approved for residential and business installations. This aligns with WEC's carbon reduction goals and commitment to a sustainable future.

Positive
  • WEC Energy Group is partnering with 12 utilities to expand EV charging infrastructure.
  • Currently has 50 public EV charging ports available for use.
  • Received approval for pilot programs to assist customers with EV charging installations.
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  • None.

MILWAUKEE, Oct. 5, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) is joining utility companies across the Midwest to expand electric vehicle (EV) charging options for drivers. The company has signed on to a multi-state effort to build and grow EV infrastructure.

As part of the collaboration, WEC Energy Group pledges to expand the EV charging network within the service territories of its electric utilities — We Energies, Wisconsin Public Service (WPS) and Upper Michigan Energy Resources. WEC Energy Group joins 12 other utilities in a unified effort to make EV charging convenient and widely available throughout the Midwest.

There are more than 2 million electric vehicles on U.S. roads today and, according to the Edison Electric Institute, there will be ten times as many by 2030. This effort to expand the charging network aligns with WEC Energy Group's aggressive carbon reduction goals.

"This is another part of our effort to build a bright, sustainable future for our customers and communities," said Kevin Fletcher, president and CEO — WEC Energy Group. "From Milwaukee to Denver, Green Bay to Oklahoma City and thousands of miles in between, this Midwest charging network will give EV drivers confidence they will be able to find a charger when they need one."

For more information on the Midwest charging network visit https://ameren.mediaroom.com/ev

Beyond this program, WEC Energy Group is making significant investments in EV charging on its own. The company currently has 50 EV charging ports available for public use and its utilities We Energies and WPS recently received approval for pilot programs to help residential and business customers install EV charging systems in their homes and businesses.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.

The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in the Midwest.

WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 41,000 stockholders of record, 7,200 employees and more than $37 billion of assets. 

 

Cision View original content:https://www.prnewswire.com/news-releases/wec-energy-group-joins-effort-to-expand-electric-vehicle-charging-across-the-midwest-301393146.html

SOURCE WEC Energy Group

FAQ

What is WEC Energy Group's recent initiative regarding electric vehicles?

WEC Energy Group is collaborating with 12 other utilities to expand electric vehicle charging infrastructure in the Midwest.

How many electric vehicle charging ports does WEC Energy Group currently operate?

WEC Energy Group currently has 50 EV charging ports available for public use.

What are WEC Energy Group's goals for EV charging by 2030?

WEC aims to significantly enhance EV charging accessibility as the number of electric vehicles on U.S. roads is expected to grow tenfold by 2030.

What pilot programs has WEC Energy Group approved?

WEC's utilities have received approval for pilot programs to assist residential and business customers in installing EV charging systems.

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