Products & Services · Allowance for credit losses

Utility operations — Allowance for credit losses

WEC Energy Group Utility operations — Allowance for credit losses increased by 4.9% to $156.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $159.40M to $156.00M. Over 4 years (FY 2021 to FY 2025), Utility operations — Allowance for credit losses shows a downward trend with a -10.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
Rolls up toNet loans

How to read this metric

An increase suggests rising credit risk or economic stress among customers, while a decrease indicates improved collection performance.

Detailed definition

This represents the estimated portion of accounts receivable that the company expects will not be collected from custome...

Peer comparison

Standard accounting reserve metric for all utilities.

Metric ID: wec_segment_utility_operations_allowance_for_credit_losses

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$231.70M$199.70M$198.30M$200.60M$175.80M$168.50M$199.30M$213.80M$178.70M$176.80M$193.50M$190.70M$166.90M$155.00M$162.80M$159.40M$142.20M$129.50M$148.70M$156.00M
QoQ Change-13.8%-0.7%+1.2%-12.4%-4.2%+18.3%+7.3%-16.4%-1.1%+9.4%-1.4%-12.5%-7.1%+5.0%-2.1%-10.8%-8.9%+14.8%+4.9%
YoY Change-24.1%-15.6%+0.5%+6.6%+1.6%+4.9%-2.9%-10.8%-6.6%-12.3%-15.9%-16.4%-14.8%-16.5%-8.7%-2.1%
Range$129.50M$231.70M
CAGR-8.0%
Avg YoY Growth-8.3%
Median YoY Growth-9.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is WEC Energy Group's utility operations — allowance for credit losses?
WEC Energy Group (WEC) reported utility operations — allowance for credit losses of $156.00M in Q1 2026.
How has WEC Energy Group's utility operations — allowance for credit losses changed year-over-year?
WEC Energy Group's utility operations — allowance for credit losses decreased by 2.1% year-over-year, from $159.40M to $156.00M.
What is the long-term trend for WEC Energy Group's utility operations — allowance for credit losses?
Over 4 years (2021 to 2025), WEC Energy Group's utility operations — allowance for credit losses has grown at a -10.1% compound annual growth rate (CAGR), from $888.80M to $579.80M.
What does utility operations — allowance for credit losses mean?
The estimated amount of customer debt that the company expects will not be paid.