WEC Energy Group WEC Utility operations — Allowance for credit losses
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Where this comes from
Reported directly by WEC Energy Group in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.
The official record: WEC Energy Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is WEC Energy Group's utility operations — allowance for credit losses?
- WEC Energy Group (WEC) reported utility operations — allowance for credit losses of $156M 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 $159.4M to $156M.
- 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 $888.8M to $579.8M.
- What does utility operations — allowance for credit losses mean?
- This represents the estimated portion of accounts receivable that the company expects will not be collected from customers. It is a contra-asset account used to adjust the carrying value of receivables to their expected realizable value. This reflects the company's assessment of credit risk within its customer base.