Utility operations — Fuel and purchased power costs
WEC Energy Group Utility operations — Fuel and purchased power costs increased by 15.2% to $449.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $390.30M to $449.80M. Over 3 years (FY 2022 to FY 2025), Utility operations — Fuel and purchased power costs shows a downward trend with a -3.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher commodity prices or higher demand, while a decrease reflects lower commodity prices or improved generation efficiency.
Detailed definition
This represents the total expense incurred for the fuel required to generate electricity and the cost of power purchased...
Peer comparison
Standard operating expense metric for all electric utilities.
wec_segment_utility_operations_fuel_and_purchased_power_costsHistorical Data
| 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 | $470.35M | $470.35M | $470.35M | $470.35M | $403.98M | $403.98M | $403.98M | $403.98M | $349.20M | $332.30M | $433.90M | $340.30M | $390.30M | $391.80M | $502.40M | $390.40M | $449.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -14.1% | +0.0% | +0.0% | +0.0% | -13.6% | -4.8% | +30.6% | -21.6% | +14.7% | +0.4% | +28.2% | -22.3% | +15.2% |
| YoY Change | — | — | — | — | -14.1% | -14.1% | -14.1% | -14.1% | -13.6% | -17.7% | +7.4% | -15.8% | +11.8% | +17.9% | +15.8% | +14.7% | +15.2% |
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Frequently Asked Questions
- What is WEC Energy Group's utility operations — fuel and purchased power costs?
- WEC Energy Group (WEC) reported utility operations — fuel and purchased power costs of $449.80M in Q1 2026.
- How has WEC Energy Group's utility operations — fuel and purchased power costs changed year-over-year?
- WEC Energy Group's utility operations — fuel and purchased power costs increased by 15.2% year-over-year, from $390.30M to $449.80M.
- What is the long-term trend for WEC Energy Group's utility operations — fuel and purchased power costs?
- Over 3 years (2022 to 2025), WEC Energy Group's utility operations — fuel and purchased power costs has grown at a -3.8% compound annual growth rate (CAGR), from $1.88B to $1.67B.
- What does utility operations — fuel and purchased power costs mean?
- The total cost of fuel and electricity purchased to serve customers.