Gas vs. electric driving costs · adjust vehicle and price period below
Why is it like this in Wisconsin?
Wisconsin's residential electricity rates have exceeded the Midwest regional average every year for two decades, with the average We Energies monthly bill roughly doubling from $56 in 2004 to $128 in 2024. The Wisconsin PSC approved a 7.33% rate increase for We Energies and Wisconsin Public Service for 2025, and every major utility in the state raised rates the same year. At the January 2026 baseline, electricity is modestly cheaper per mile for Wisconsin PHEV drivers — though by a narrowing margin. Two decades of above-average rates and every major utility raising rates in 2025 are steadily compressing the electric advantage.
In the news · Wisconsin
Wisconsin PSC approved a 7.33% overall electric rate increase for We Energies and Wisconsin Public Service for 2025, adding roughly $7.62/month for a typical residential We Energies customer — a confirmed cost increase for Wisconsin PHEV owners who home-charge.
Wisconsin electricity rates have exceeded the Midwest regional average every year for 20 years, with the average We Energies monthly bill doubling from $56 in 2004 to $128 in 2024 — powerful structural context for why Wisconsin ranks as a state where gasoline often outcompetes electricity for PHEV drivers.
Rate increases took effect across all of Wisconsin's major utilities in 2025 — We Energies, WPS, MGE, Xcel, and Alliant — confirming that no matter where in Wisconsin a PHEV owner lives, electricity costs are going up.
Curated coverage of Wisconsin's EV/PHEV cost, policy, and infrastructure story. External links open in a new tab.
Midwest region comparison
| State | Electric ¢/mi | Gas ¢/mi | Cheaper | Annual diff |
|---|---|---|---|---|
| North Dakota | 3.3¢ | 6.6¢ | ⚡ Electric | $400/yr |
| Nebraska | 3.6¢ | 6.7¢ | ⚡ Electric | $377/yr |
| Missouri | 3.6¢ | 6.5¢ | ⚡ Electric | $350/yr |
| South Dakota | 4.1¢ | 6.8¢ | ⚡ Electric | $325/yr |
| Illinois | 5.0¢ | 7.6¢ | ⚡ Electric | $320/yr |
| Iowa | 3.9¢ | 6.5¢ | ⚡ Electric | $316/yr |
| Indiana | 4.9¢ | 7.4¢ | ⚡ Electric | $297/yr |
| Minnesota | 4.5¢ | 6.9¢ | ⚡ Electric | $285/yr |
| Kansas | 4.3¢ | 6.4¢ | ⚡ Electric | $247/yr |
| Ohio | 5.3¢ | 7.2¢ | ⚡ Electric | $224/yr |
| Michigan | 5.9¢ | 7.8¢ | ⚡ Electric | $221/yr |
| Wisconsin | 5.5¢ | 6.5¢ | ⚡ Electric | $122/yr |