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Last Updated: 2026
WEC Energy Group image

WEC Energy Group

Rank#748
Market Cap33.62B
CountryUnited States
CategoryEnergy and Utilities
Summary
History
Mission
Vision
References
Summaryarrow

WEC Energy Group is one of the nation’s largest electric and natural gas delivery companies, with deep operational expertise, scale and financial resources to meet the region’s future energy needs. They focus on reliable service, customer satisfaction and shareholder value. 

They’re privileged to provide vital services to nearly 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. Their scale and geographic proximity allow for operating efficiencies across their 70,000 miles of electric distribution lines, 44,000 miles of natural gas distribution and transmission lines, and 8,800 megawatts of reliable power plant capacity. 

They’re committed to delivering world-class reliability and the very best customer care – anywhere. Their customers are at the heart of their business, and they work every day to help grow and support the communities they serve. As a Fortune 500 company, they value and develop their employees who are making a difference in a mission that matters.

Historyarrow

1932: Northern Natural Gas formed a division to serve the Rochester area.

1941: Wisconsin Electric purchased Wisconsin Gas & Electric and Wisconsin Michigan Power Co. from the North American Co.

1985: A second 580-megawatt unit is put into service this year.

1994: Wisconsin Energy bought Lake Geneva-based Wisconsin Southern Gas Co. and merges it into Wisconsin Natural.

1996: Wisconsin Natural merged with Wisconsin Electric.

2009: The appliance repair program was renamed ServiceChoice.

2010:Edison Sault Electric Company was sold to Cloverland Electric Cooperative of Dafter, Michigan.

2015: WEC Energy Group was formed this year but has predecessor companies that carry over a century of history.

Missionarrow

“We are committed to maximizing both individual contributions and organizational effectiveness through the diversity of our workforce. We are committed to being an inclusive organization where all employees feel valued, respected and engaged.”

Visionarrow

“Through clear communication and flawless execution, our goal is to satisfy every customer in every transaction — every time.”

Referencesarrow

https://en.wikipedia.org/wiki/WEC_Energy_Group

https://www.zippia.com/wec-energy-group-careers-12685/

https://www.crunchbase.com/organization/wec-energy-group

https://www.companieshistory.com/wec-energy-group/

https://sec.report/CIK/0000783325

https://companiesmarketcap.com/largest-companies-by-revenue/

https://finance.yahoo.com/quote/WEC/

https://www.linkedin.com/company/wec-energy-group

https://www.globaldata.com/company-profile/wec-energy-group-inc/locations/

https://fortune.com/company/wec-energy-group/

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Leadership team
A
Albert Budney (Board Member)
A
Allen L. Leverett (CEO)
Industries
Energy and Utilities
Products / Services
Electric generation, distribution and natural gas delivery
Number of Employees
1,000 - 20,000
Address
Milwaukee, Wisconsin, United States
Established
1896-01-01
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0000783325
Net Income
$1B – $20B
Revenue
$1B+
Traded as
WEC
Website
wecenergygroup.com
Social Media
linkedinfacebookx
Last Updated: 2026
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