Utility operations — Recoveries of amounts previously written off
WEC Energy Group Utility operations — Recoveries of amounts previously written off increased by 5.8% to $22.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.7%, from $29.20M to $22.00M. Over 4 years (FY 2021 to FY 2025), Utility operations — Recoveries of amounts previously written off shows an upward trend with a 24.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved collection success on delinquent accounts, while a decrease suggests lower recovery rates.
Detailed definition
This metric captures the cash collected from customer accounts that were previously classified as uncollectible and writ...
Peer comparison
Standard 'Recoveries' metric found in the credit loss disclosures of most utility companies.
wec_segment_utility_operations_recoveries_of_amounts_previously_written_offHistorical Data
| 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 | $9.20M | $10.60M | $12.30M | $15.60M | $14.20M | $13.50M | $14.70M | $11.40M | $17.70M | $14.10M | $14.30M | $19.20M | $17.90M | $17.70M | $17.20M | $29.20M | $24.40M | $33.50M | $20.80M | $22.00M |
| QoQ Change | — | +15.2% | +16.0% | +26.8% | -9.0% | -4.9% | +8.9% | -22.4% | +55.3% | -20.3% | +1.4% | +34.3% | -6.8% | -1.1% | -2.8% | +69.8% | -16.4% | +37.3% | -37.9% | +5.8% |
| YoY Change | — | — | — | — | +54.3% | +27.4% | +19.5% | -26.9% | +24.6% | +4.4% | -2.7% | +68.4% | +1.1% | +25.5% | +20.3% | +52.1% | +36.3% | +89.3% | +20.9% | -24.7% |
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Frequently Asked Questions
- What is WEC Energy Group's utility operations — recoveries of amounts previously written off?
- WEC Energy Group (WEC) reported utility operations — recoveries of amounts previously written off of $22.00M in Q1 2026.
- How has WEC Energy Group's utility operations — recoveries of amounts previously written off changed year-over-year?
- WEC Energy Group's utility operations — recoveries of amounts previously written off decreased by 24.7% year-over-year, from $29.20M to $22.00M.
- What is the long-term trend for WEC Energy Group's utility operations — recoveries of amounts previously written off?
- Over 4 years (2021 to 2025), WEC Energy Group's utility operations — recoveries of amounts previously written off has grown at a 24.2% compound annual growth rate (CAGR), from $45.40M to $107.90M.
- What does utility operations — recoveries of amounts previously written off mean?
- Money collected from customer accounts that were previously considered lost or written off.