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.
An increase suggests rising credit risk or economic stress among customers, while a decrease indicates improved collection performance.
This represents the estimated portion of accounts receivable that the company expects will not be collected from custome...
Standard accounting reserve metric for all utilities.
wec_segment_utility_operations_allowance_for_credit_losses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |