Wisconsin Electric Power Company. The Group's principal activities are to provide electric, gas and steam utilities. The Group is a wholly owned subsidiary of Wisconsin Energy Corporation. The Group's electric operations involve the generation, transmission, distribution and selling of electric energy. Gas operations involve purchasing, distributing and selling natural gas to retail customers and transport customer-owned gas in four distinct service areas. Steam operations generate, distribute and sells steam supplied by its Valley and Milwaukee country power plants. Electric operations accounted for 82% of 2002 revenues; Gas operations, 17% and Steam operations, 1%.