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                      SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D. C. 20549



                                   FORM 8-K 

                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



Date of report (Date of earliest event reported)   January 24, 1994




                       WISCONSIN ELECTRIC POWER COMPANY 
            (Exact name of registrant as specified in its charter) 



                                    1-1245
                           (Commission file number)

            Wisconsin                                    39-0476280
  (State or other jurisdiction of         (I.R.S. Employer Identification No.)
   incorporation or organization)


231 West Michigan Street, P.O. Box 2046, Milwaukee, Wisconsin      53201
          (Address of principal executive offices)               (Zip Code)


                                (414) 221-2590
             (Registrant's telephone number, including area code)





                                NOT APPLICABLE
         -------------------------------------------------------------
         (Former name or former address, if changed since last report)






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                                                                      FORM 8-K

                       WISCONSIN ELECTRIC POWER COMPANY
                       --------------------------------
                                       

ITEM 5.  OTHER EVENTS

WISCONSIN ENERGY ANNOUNCES PLANNED MERGER OF UTILITY SUBSIDIARIES

On January 24, 1994, Wisconsin Energy Corporation ("Wisconsin Energy"), the
parent company of Wisconsin Electric Power Company ("Wisconsin Electric"),
announced plans to merge its wholly-owned natural gas utility subsidiary,
Wisconsin Natural Gas Company ("Wisconsin Natural") into Wisconsin Electric,
its wholly-owned principal utility subsidiary.  The merger, which will be
subject to a number of conditions, including requisite regulatory and other
approvals, including that of the Public Service Commission of Wisconsin, is
anticipated to be effective by year-end 1994.  The merger of Wisconsin Natural
into Wisconsin Electric is expected to improve customer service by offering
customers an array of energy alternatives to meet their needs, reduce
operating costs and improve the competitive position of Wisconsin Energy's
utility operations.

Based in Milwaukee, Wisconsin Electric serves over 900,000 electric and steam
customers in Wisconsin and Michigan.  Wisconsin Natural, based in Racine,
Wisconsin, is the state's second largest seller of natural gas, serving over
331,000 natural gas customers in Wisconsin.

Certain further information is contained in the news release filed as an
Exhibit to this report.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS 

(c)  EXHIBITS.  The following exhibit is filed herewith:

      (99)-1    Wisconsin Energy Corporation News Release dated
                January 24, 1994.























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                                                                      FORM 8-K

                       WISCONSIN ELECTRIC POWER COMPANY
                       --------------------------------
                                  SIGNATURES



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                         WISCONSIN ELECTRIC POWER COMPANY
                                      --------------------------------------
                                                   (Registrant)



                                     /s/J. G. Remmel
                                    ------------------------------------------
   Date: February 1, 1994           J. G. Remmel, Chief Financial Officer


































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                       WISCONSIN ELECTRIC POWER COMPANY
                       --------------------------------

                                 EXHIBIT INDEX


                          Current Report on Form 8-K
                         Report Dated January 24, 1994

Exhibit
Number
- -------

(99)-1   Wisconsin Energy Corporation News Release dated January 24, 1994.