1 Exhibit (23)-1 (8/25/95 8-K) CONSENT OF INDEPENDENT ACCOUNTANTS We hereby consent to the incorporation by reference in the Prospectuses constituting part of the Registration Statements on Form S-3 (Nos. 33-49199 and 33-51749) of Wisconsin Electric Power Company of our report dated January 25, 1995 appearing on page 25 in Item 8 of Wisconsin Natural Gas Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1994 (File No. 2-2066), which Annual Report on Form 10-K is incorporated by reference in this Current Report on Form 8-K of Wisconsin Electric Power Company dated August 25, 1995. /s/ Price Waterhouse LLP ------------------------ PRICE WATERHOUSE LLP Milwaukee, Wisconsin August 25, 1995 - 1 -