XML 73 R62.htm IDEA: XBRL DOCUMENT v3.22.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES STOCK-BASED COMPENSATION (Details) - $ / shares
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award      
Number of shares of WEC Energy Group common stock authorized for issuance 9,000,000    
Stock options      
Share-based Compensation Arrangement by Share-based Payment Award      
Vesting period (in years) 3 years    
Minimum exercise price of stock option as a percent of WEC Energy Group common stock fair value on the grant date 100.00%    
Period after the grant date during which stock options can't be exercised (in months) 6 months    
Maximum term of awards 10 years    
Stock options granted 18,021 22,042 21,638
Estimated weighted-average fair value per stock option (in dollars per share) $ 13.20 $ 10.82 $ 8.60
Risk-free interest rate, minimum (as a percent) 0.10% 1.60% 2.50%
Risk-free interest rate, maximum (as a percent) 0.90% 1.90% 2.70%
Dividend yield (as a percent) 2.90% 3.00% 3.60%
Expected Volatility (as a percent) 21.00% 16.00% 17.00%
Expected life (years) 8 years 8 months 12 days 8 years 7 months 6 days 8 years 6 months
Restricted stock      
Share-based Compensation Arrangement by Share-based Payment Award      
Vesting period (in years) 3 years    
Percentage to vest each year after the grant date 33.00%    
Performance units      
Share-based Compensation Arrangement by Share-based Payment Award      
Vesting period (in years) 3 years    
Maximum adjustment to payout ratio 10.00%    
Performance units | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award      
Payout ratio (as a percent) 0.00%    
Performance units | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award      
Payout ratio (as a percent) 175.00%