Business Segments · Revenues from contracts with customers

Total Utility Operations — Revenues from contracts with customers

WEC Energy Group Total Utility Operations — Revenues from contracts with customers increased by 35.3% to $3.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.8%, from $3.08B to $3.35B. Over 4 years (FY 2021 to FY 2025), Total Utility Operations — Revenues from contracts with customers shows an upward trend with a 3.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests growth in customer demand, successful rate adjustments, or expansion of the utility's service footprint, while a decrease may indicate lower consumption, regulatory rate pressure, or customer churn.

Detailed definition

This metric represents the total revenue generated from the core delivery of electricity and natural gas services to ret...

Peer comparison

Comparable to 'Regulated Utility Revenue' or 'Operating Revenue from Utility Services' reported by other investor-owned utilities.

Metric ID: wec_segment_total_utility_operations_revenues_from_contracts_with_customers

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.66B$1.73B$2.18B$2.87B$2.10B$1.98B$2.53B$2.85B$1.78B$1.91B$2.16B$2.63B$1.72B$1.82B$2.22B$3.08B$1.94B$2.03B$2.47B$3.35B
QoQ Change+4.4%+26.1%+31.6%-26.7%-5.9%+27.9%+12.6%-37.5%+7.5%+13.1%+21.5%-34.7%+5.9%+22.2%+38.5%-36.8%+4.4%+21.9%+35.3%
YoY Change+26.9%+14.4%+16.1%-0.7%-15.2%-3.2%-14.4%-7.6%-3.6%-5.0%+2.6%+17.0%+13.2%+11.6%+11.3%+8.8%
Range$1.66B$3.35B
CAGR+16.0%
Avg YoY Growth+4.5%
Median YoY Growth+5.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is WEC Energy Group's total utility operations — revenues from contracts with customers?
WEC Energy Group (WEC) reported total utility operations — revenues from contracts with customers of $3.35B in Q1 2026.
How has WEC Energy Group's total utility operations — revenues from contracts with customers changed year-over-year?
WEC Energy Group's total utility operations — revenues from contracts with customers increased by 8.8% year-over-year, from $3.08B to $3.35B.
What is the long-term trend for WEC Energy Group's total utility operations — revenues from contracts with customers?
Over 4 years (2021 to 2025), WEC Energy Group's total utility operations — revenues from contracts with customers has grown at a 3.7% compound annual growth rate (CAGR), from $8.23B to $9.52B.
What does total utility operations — revenues from contracts with customers mean?
The total revenue earned from providing core utility services like electricity and gas to customers under contract.