WEC Energy Group Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent decreased by 1.3% to 15.1% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from 15.3% to 15.1%. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests a higher reliance on or success in capturing energy-specific tax benefits relative to total earnings.
The impact of energy-related tax credits expressed as a percentage of pre-tax income. This measures the relative effecti...
Used by analysts to compare the tax-efficiency of energy transition strategies across the utility sector.
other_effective_income_tax_rate_reconciliation_tax_credi_d8914b| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | 2.7% | 2.7% | 2.7% | 2.7% | 2.9% | 2.9% | 2.9% | 2.9% | 15.3% | 15.1% |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.5% | +0.0% | +0.0% | +0.0% | +432.2% | -1.3% |
| YoY Change | — | — | — | — | +5.5% | +5.5% | +5.5% | +5.5% | +432.2% | -1.3% |