WEC Energy Group WEC Utility operations — Interest Expense
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Where this comes from
Reported directly by WEC Energy Group in its filing.
Tagged under the XBRL concept us-gaap:InterestExpense.
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 — interest expense?
- WEC Energy Group (WEC) reported utility operations — interest expense of $190M in Q1 2026.
- How has WEC Energy Group's utility operations — interest expense changed year-over-year?
- WEC Energy Group's utility operations — interest expense increased by 0.4% year-over-year, from $189.3M to $190M.
- What is the long-term trend for WEC Energy Group's utility operations — interest expense?
- Over 2 years (2021 to 2023), WEC Energy Group's utility operations — interest expense has grown at a 6.0% compound annual growth rate (CAGR), from $628.4M to $705.8M.
- What does utility operations — interest expense mean?
- This represents the cost of debt financing used to fund the utility segment's capital-intensive infrastructure projects. It reflects the interest payments on long-term debt and other credit facilities. High interest expense is typical for utilities due to the heavy reliance on debt to finance rate-base growth.