CSIMarket
 
Wec Energy Group Inc   (NYSE: WEC)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

Wec Energy Group Inc's Customers Performance

WEC



 
WEC's Source of Revenues In the Q2, Wec Energy Group Inc 's corporate clients experienced a deterioration by -24.04 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -28.9 %. During the corresponding time, Wec Energy Group Inc recorded a revenue increase by 2.62 % year on year, sequentially revenue fell by -39.95 %. While revenue at the Wec Energy Group Inc 's corporate clients recorded rose by 15.01 % year on year, sequentially revenue grew by 9.05 %.

List of WEC Customers




Customers of Wec Energy Group Inc saw their costs of revenue deteriorate by -24.04 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -28.9 %, for the same period Wec Energy Group Inc recorded revenue increase by 2.62 % year on year, sequentially revenue fell by -39.95 %.

List of WEC Customers

Wec Energy Group Inc's Business Units
Revenues from contracts with customers    98.16 % of total Revenue
Other revenues    1.84 % of total Revenue
Utility operations Revenues from contracts with customers    95.84 % of total Revenue
Electric Revenues from contracts with customers    41.74 % of total Revenue
Natural gas Revenues from contracts with customers    54.1 % of total Revenue
Other non-utility revenues Revenues from contracts with customers    2.32 % of total Revenue
Reconciling Eliminations    -3.55 % of total Revenue
Reconciling Eliminations Revenues from contracts with customers    -0.43 % of total Revenue
Reconciling Eliminations Other revenues    -3.12 % of total Revenue
Reconciling Eliminations Utility operations Revenues from contracts with customers    -0.38 % of total Revenue
Reconciling Eliminations Natural gas Revenues from contracts with customers    -0.38 % of total Revenue
Reconciling Eliminations Other non-utility revenues Revenues from contracts with customers    -0.05 % of total Revenue
Total Utility Operations Natural gas Transferred over time Revenues from contracts with customers    54.1 % of total Revenue
Total Utility Operations    97.41 % of total Revenue
Total Utility Operations Other revenues    1.42 % of total Revenue
Total Utility Operations Transferred over time Revenues from contracts with customers    96 % of total Revenue
Total Utility Operations Utility operations Transferred over time Revenues from contracts with customers    95.83 % of total Revenue
Total Utility Operations Electric Transferred over time Revenues from contracts with customers    41.74 % of total Revenue
Total Utility Operations Other non-utility revenues Transferred over time Revenues from contracts with customers    0.16 % of total Revenue
Wisconsin Electric Transferred over time Revenues from contracts with customers    41.74 % of total Revenue
Wisconsin Natural gas Transferred over time Revenues from contracts with customers    25.98 % of total Revenue
Wisconsin    68.09 % of total Revenue
Wisconsin Other revenues    0.37 % of total Revenue
Wisconsin Transferred over time Revenues from contracts with customers    67.72 % of total Revenue
Wisconsin Utility operations Transferred over time Revenues from contracts with customers    67.72 % of total Revenue
Illinois Natural gas Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Illinois    21.83 % of total Revenue
Illinois Other revenues    1.1 % of total Revenue
Illinois Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Illinois Utility operations Transferred over time Revenues from contracts with customers    20.73 % of total Revenue
Other States Natural gas Transferred over time Revenues from contracts with customers    7.38 % of total Revenue
Other States    7.49 % of total Revenue
Other States Other revenues    -0.05 % of total Revenue
Other States Transferred over time Revenues from contracts with customers    7.54 % of total Revenue
Other States Utility operations Transferred over time Revenues from contracts with customers    7.38 % of total Revenue
Other States Other non-utility revenues Transferred over time Revenues from contracts with customers    0.16 % of total Revenue
Non-Utility Energy Infrastructure    6.14 % of total Revenue
Non-Utility Energy Infrastructure Revenues from contracts with customers    2.59 % of total Revenue
Non-Utility Energy Infrastructure Other revenues    3.55 % of total Revenue
Non-Utility Energy Infrastructure Utility operations Revenues from contracts with customers    0.38 % of total Revenue
Non-Utility Energy Infrastructure Natural gas Revenues from contracts with customers    0.38 % of total Revenue
Non-Utility Energy Infrastructure Other non-utility revenues Revenues from contracts with customers    2.2 % of total Revenue
Electric    41.74 % of total Revenue
Wisconsin Electric Transferred over time    41.74 % of total Revenue
Wisconsin Electric Transferred over time Total retail revenues    38.06 % of total Revenue
Wisconsin Electric Transferred over time Residential    16.7 % of total Revenue
Wisconsin Electric Transferred over time Small commercial and industrial    13.15 % of total Revenue
Wisconsin Electric Transferred over time Large commercial and industrial    7.98 % of total Revenue
Wisconsin Electric Transferred over time Other    0.24 % of total Revenue
Wisconsin Electric Transferred over time Wholesale    0.88 % of total Revenue
Wisconsin Electric Transferred over time Resale    2.24 % of total Revenue
Wisconsin Electric Transferred over time Steam    0.4 % of total Revenue
Wisconsin Electric Transferred over time Other utility revenues    0.15 % of total Revenue
Natural gas    54.1 % of total Revenue
Total Utility Operations Natural gas Transferred over time    54.1 % of total Revenue
Total Utility Operations Natural gas Transferred over time Total retail revenues    48.66 % of total Revenue
Total Utility Operations Natural gas Transferred over time Residential    34.07 % of total Revenue
Total Utility Operations Natural gas Transferred over time Commercial and industrial    14.59 % of total Revenue
Total Utility Operations Natural gas Transferred over time Transportation    4.13 % of total Revenue
Total Utility Operations Natural gas Transferred over time Other utility revenues    1.31 % of total Revenue
Wisconsin Natural gas Transferred over time    25.98 % of total Revenue
Wisconsin Natural gas Transferred over time Total retail revenues    24.92 % of total Revenue
Wisconsin Natural gas Transferred over time Residential    16.52 % of total Revenue
Wisconsin Natural gas Transferred over time Commercial and industrial    8.4 % of total Revenue
Wisconsin Natural gas Transferred over time Transportation    1 % of total Revenue
Wisconsin Natural gas Transferred over time Other utility revenues    0.06 % of total Revenue
Illinois Natural gas Transferred over time    20.73 % of total Revenue
Illinois Natural gas Transferred over time Total retail revenues    16.99 % of total Revenue
Illinois Natural gas Transferred over time Residential    13.17 % of total Revenue
Illinois Natural gas Transferred over time Commercial and industrial    3.82 % of total Revenue
Illinois Natural gas Transferred over time Transportation    2.73 % of total Revenue
Illinois Natural gas Transferred over time Other utility revenues    1.01 % of total Revenue
Other States Natural gas Transferred over time    7.38 % of total Revenue
Other States Natural gas Transferred over time Total retail revenues    6.75 % of total Revenue
Other States Natural gas Transferred over time Residential    4.38 % of total Revenue
Other States Natural gas Transferred over time Commercial and industrial    2.37 % of total Revenue
Other States Natural gas Transferred over time Transportation    0.4 % of total Revenue
Other States Natural gas Transferred over time Other utility revenues    0.24 % of total Revenue
Other non-utility revenues    2.32 % of total Revenue
Other non-utility revenues We Power revenues    0.18 % of total Revenue
Transferred over time Other non-utility revenues Renewable generation revenues    1.98 % of total Revenue
Transferred over time Other non-utility revenues Appliance service revenues    0.16 % of total Revenue
Alternative revenues    0.78 % of total Revenue
Late payment charges    0.46 % of total Revenue
Amortization of revenue intangibles    0.43 % of total Revenue
Bepoke resources current return    0.13 % of total Revenue
Other    0.04 % of total Revenue
External revenues    100 % of total Revenue
Utility operations External revenues    97.41 % of total Revenue
Reconciling eliminations Interrevenues    -3.55 % of total Revenue
Wisconsin Utility operations External revenues    68.09 % of total Revenue
Illinois Utility operations External revenues    21.83 % of total Revenue
Other States Utility operations External revenues    7.49 % of total Revenue
Non-Utility Energy Infrastructure External revenues    2.59 % of total Revenue
Non-Utility Energy Infrastructure Interrevenues    3.55 % of total Revenue




   
Customers Net Income grew in Q2 by Customers Net margin grew to
100.38 % 14.94 %
Customers Net Income grew in Q2 by 100.38 %


Customers Net margin grew to 14.94 %



Wec Energy Group Inc's Customers, Q2 2026 Revenue Growth By Industry
Customers in Chemical Manufacturing Industry      6.34 %
Customers in Aluminum Industry      19.74 %
Customers in Miscellaneous Fabricated Products Industry      26.74 %
Customers in Construction Raw Materials Industry      34.14 %
Customers in Aerospace & Defense Industry      7.96 %
Customers in EV, Auto & Truck Manufacturers Industry      25.52 %
Customers in Auto & Truck Parts Industry      92.4 %
Customers in Oil & Gas Integrated Operations Industry      55.48 %
Customers in Renewable Energy Services & Equipment Industry      19.86 %
Customers in Property & Casualty Insurance Industry      10.04 %
Customers in Communications Services Industry      14.53 %
Customers in Electric Utilities Industry      3.2 %
Customers in Natural Gas Utilities Industry      52.77 %
     
• Customers Valuation • Customers Mgmt. Effect.


Wec Energy Group Inc's Comment on Sales, Marketing and Customers



WEC Energy Group serves customers in southeastern Wisconsin, including metropolitan Milwaukee, as well as east central, northern, northeastern, and central Wisconsin, and the Upper Peninsula of Michigan. UMERC provides electric service to customers in the Upper Peninsula of Michigan, including the Tilden iron ore mine. The company supplies electric energy to retail, wholesale, and resale customers, with retail revenues accounting for 92.3% of total electric operating revenues in 2025. Wholesale customers include electric cooperatives, municipal joint action agencies, other investor-owned utilities, municipal utilities, and energy marketers. Resale sales occur within the MISO Energy Markets. Additionally, WEC Energy Group operates a steam utility in metropolitan Milwaukee, supplying steam for processing, space heating, domestic hot water, and humidification. The company projects a 1.6% increase in retail electric sales volumes for 2026, excluding the Tilden mine and very large data center customers, with sales volumes expected to remain relatively flat otherwise.





Wec Energy Group Inc’s Comment on Sales, Marketing and Customers


WEC Energy Group serves customers in southeastern Wisconsin, including metropolitan Milwaukee, as well as east central, northern, northeastern, and central Wisconsin, and the Upper Peninsula of Michigan. UMERC provides electric service to customers in the Upper Peninsula of Michigan, including the Tilden iron ore mine. The company supplies electric energy to retail, wholesale, and resale customers, with retail revenues accounting for 92.3% of total electric operating revenues in 2025. Wholesale customers include electric cooperatives, municipal joint action agencies, other investor-owned utilities, municipal utilities, and energy marketers. Resale sales occur within the MISO Energy Markets. Additionally, WEC Energy Group operates a steam utility in metropolitan Milwaukee, supplying steam for processing, space heating, domestic hot water, and humidification. The company projects a 1.6% increase in retail electric sales volumes for 2026, excluding the Tilden mine and very large data center customers, with sales volumes expected to remain relatively flat otherwise.








WEC's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Wec Energy Group Inc 34,843.67 9,547.20 1,691.80 7,151
Nrg Energy Inc 25,232.24 32,384.00 239.00 16,702
Entergy Corporation 49,613.52 13,287.44 1,801.71 292
Berkshire Hathaway Inc 0.00 375,394.00 72,767.00 387,800
The Southern Company 99,388.08 28,912.00 4,296.00 29,800
Exelon Corporation 44,774.64 24,786.00 2,779.00 20,571
SUBTOTAL 7,895,632.66 5,362,765.04 360,736.82 4,693,682
71 more clients available

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Sources: Wec Energy Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Wec Energy Group Inc’s corporate clients.
For your research, we’ve provided 9 tables on Wec Energy Group Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
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