XML 19 R8.htm IDEA: XBRL DOCUMENT v3.25.2
OPERATING REVENUES
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
OPERATING REVENUES OPERATING REVENUES
For more information about our operating revenues, see Note 1(d), Operating Revenues, in our 2024 Annual Report on Form 10-K.

Disaggregation of Operating Revenues

The following tables present our operating revenues disaggregated by revenue source for our utility segment. We do not have any revenues associated with our other segment. We disaggregate revenues into categories that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors. Revenues are further disaggregated by electric and natural gas operations and then by customer class. Each customer class within our electric and natural gas operations has different expectations of service, energy and demand requirements, and can be impacted differently by regulatory activities within their jurisdictions.
Three Months Ended June 30Six Months Ended June 30
(in millions)2025202420252024
Wisconsin Public Service Corporation
Electric utility$340.6 $286.8 $680.5 $587.1 
Natural gas utility69.0 51.3 226.6 177.0 
Total revenues from contracts with customers409.6 338.1 907.1 764.1 
Other operating revenues0.9 (1.1)2.1 0.1 
Total operating revenues$410.5 $337.0 $909.2 $764.2 
Revenues from Contracts with Customers

Electric Utility Operating Revenues

The following table disaggregates electric utility operating revenues into customer class:
Three Months Ended June 30Six Months Ended June 30
(in millions)2025202420252024
Residential$120.7 $103.8 $252.7 $218.2 
Small commercial and industrial112.6 98.4 221.6 198.0 
Large commercial and industrial72.6 60.7 138.5 119.4 
Other2.3 2.1 4.4 4.3 
Total retail revenues308.2 265.0 617.2 539.9 
Wholesale14.8 14.0 28.4 28.6 
Resale13.5 4.6 26.9 12.6 
Other utility revenues4.1 3.2 8.0 6.0 
Total electric utility operating revenues$340.6 $286.8 $680.5 $587.1 

Natural Gas Utility Operating Revenues

The following table disaggregates natural gas utility operating revenues into customer class:
Three Months Ended June 30Six Months Ended June 30
(in millions)2025202420252024
Residential$37.1 $31.3 $139.2 $107.2 
Commercial and industrial19.9 15.2 81.6 57.4 
Total retail revenues57.0 46.5 220.8 164.6 
Transportation6.2 5.0 14.8 11.8 
Other utility revenues (1)
5.8 (0.2)(9.0)0.6 
Total natural gas utility operating revenues$69.0 $51.3 $226.6 $177.0 

(1)Includes the revenues subject to our purchased gas recovery mechanism, which fluctuate based on actual natural gas costs incurred, compared with the recovery of natural gas costs that were anticipated in rates.

Other Operating Revenues

Other operating revenues consist primarily of the following:
Three Months Ended June 30Six Months Ended June 30
(in millions)2025202420252024
Late payment charges$1.0 $0.8 $1.9 $1.9 
Rental revenues0.1 0.1 0.2 0.2 
Alternative revenues (1)
(0.2)(2.0) (2.0)
Total other operating revenues$0.9 $(1.1)$2.1 $0.1 

(1)Alternative revenues consist of amounts to be recovered or refunded to customers subject to wholesale true-ups. Negative amounts can result from alternative revenues being reversed to revenues from contracts with customers as the customer is billed for these alternative revenues. For more information about our alternative revenues, see Note 1(d), Operating Revenues, in our 2024 Annual Report on Form 10-K.