XML 44 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
OPERATING REVENUES (Tables)
3 Months Ended
Mar. 31, 2018
Disaggregation of Operating Revenues  
Operating revenues disaggregated by revenue source
The following tables present our operating revenues disaggregated by revenue source. Comparable amounts have not been presented for the three months ended March 31, 2017, due to our adoption of this standard under the modified retrospective method.
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Total Utility
Operations
 
Electric Transmission
 
Non-Utility Energy Infrastructure
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Three Months Ended March 31, 2018
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

Electric
 
$
1,067.7

 
$

 
$

 
$
1,067.7

 
$

 
$

 
$

 
$

 
$
1,067.7

Natural gas
 
518.0

 
507.6

 
172.7

 
1,198.3

 

 
14.9

 

 
(2.5
)
 
1,210.7

Total utility revenues
 
1,585.7

 
507.6

 
172.7

 
2,266.0

 

 
14.9

 

 
(2.5
)
 
2,278.4

Other non-utility revenues
 

 

 
3.9

 
3.9

 

 
7.1

 
1.3

 
(0.7
)
 
11.6

Total revenues from contracts with customers
 
1,585.7

 
507.6

 
176.6

 
2,269.9

 

 
22.0

 
1.3

 
(3.2
)
 
2,290.0

Other operating revenues
 
3.4

 
(0.3
)
 
(6.7
)
 
(3.6
)
 

 
96.1

 
0.1

 
(96.1
)
 
(3.5
)
Total operating revenues
 
$
1,589.1

 
$
507.3

 
$
169.9

 
$
2,266.3

 
$

 
$
118.1

 
$
1.4

 
$
(99.3
)
 
$
2,286.5

Revenues from contracts with customers | Electric  
Disaggregation of Operating Revenues  
Operating revenues disaggregated by revenue source
The following table disaggregates electric utility operating revenues into customer class for the current period:
(in millions)
 
Electric Utility
Operating Revenues
Three Months Ended March 31, 2018
 
 

Residential
 
$
384.3

Small commercial and industrial
 
330.7

Large commercial and industrial
 
203.9

Other
 
7.7

Total retail revenues
 
926.6

Wholesale
 
54.9

Resale
 
73.8

Steam
 
9.7

Other utility revenues
 
2.7

Total electric utility operating revenues
 
$
1,067.7

Revenues from contracts with customers | Natural gas  
Disaggregation of Operating Revenues  
Operating revenues disaggregated by revenue source

The following table disaggregates natural gas utility operating revenues into customer class for the current period:
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Total Natural Gas Utility Operations
Three Months Ended March 31, 2018
 
 

 
 

 
 
 
 

Residential
 
$
356.7

 
$
332.6

 
$
123.2

 
$
812.5

Commercial and industrial
 
187.9

 
109.4

 
64.7

 
362.0

Total retail revenues
 
544.6

 
442.0

 
187.9

 
1,174.5

Transport
 
21.0

 
77.7

 
9.9

 
108.6

Other utility revenues *
 
(47.6
)
 
(12.1
)
 
(25.1
)
 
(84.8
)
Total natural gas utility operating revenues
 
$
518.0

 
$
507.6

 
$
172.7

 
$
1,198.3


*
Includes amounts (refunded to) collected from customers for purchased gas adjustment costs.
Revenues from contracts with customers | Other non-utility revenues  
Disaggregation of Operating Revenues  
Operating revenues disaggregated by revenue source
Other non-utility operating revenues consist primarily of the following:
(in millions)
 
Three Months Ended March 31, 2018
We Power revenues
 
$
6.4

Appliance service revenues
 
3.9

Distributed renewable solar project revenues
 
1.3

Total other non-utility operating revenues
 
$
11.6

Other operating revenues  
Disaggregation of Operating Revenues  
Operating revenues disaggregated by revenue source
Other operating revenues consist primarily of the following:
(in millions)
 
Three Months Ended March 31, 2018
Alternative revenues *
 
$
(16.1
)
Late payment charges
 
11.4

Leases
 
1.2

Total other operating revenues
 
$
(3.5
)

*
Negative amounts can result from alternative revenues being reversed to revenues from contracts with customers as the customer is billed for these alternative revenues. Negative amounts can also result from revenues to be refunded to customers subject to decoupling mechanisms and wholesale true-ups, as discussed below.