WEC Energy Group WEC Utility operations — Provision 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:ProvisionForDoubtfulAccounts.
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 — provision for credit losses?
- WEC Energy Group (WEC) reported utility operations — provision for credit losses of $65.5M in Q1 2026.
- How has WEC Energy Group's utility operations — provision for credit losses changed year-over-year?
- WEC Energy Group's utility operations — provision for credit losses increased by 100.9% year-over-year, from $32.6M to $65.5M.
- What is the long-term trend for WEC Energy Group's utility operations — provision for credit losses?
- Over 4 years (2021 to 2025), WEC Energy Group's utility operations — provision for credit losses has grown at a 17.2% compound annual growth rate (CAGR), from $75.7M to $142.8M.
- What does utility operations — provision for credit losses mean?
- This metric reflects the expense recognized in the income statement to account for expected uncollectible customer accounts within the utility segment. It is a forward-looking estimate based on historical collection trends, current economic conditions, and customer credit risk. It serves as a key indicator of the financial health of the utility's customer base.