WEC Energy Group has reported net income of $804.4 million, or $2.45 per share, for the first quarter of 2026 — up from $724.2 million, or $2.27 per share, for last year's first quarter.

Consolidated revenues totaled $3.4 billion, up $284.7 million from the first quarter a year ago.

"The continued execution of our capital plan and focus on operating efficiencies led to solid first-quarter results," said Scott Lauber, President and CEO. "As we build for a growing economy, we remain committed to delivering reliable, safe energy to the customers and communities we serve."

Retail deliveries of electricity — excluding the iron ore mine in Michigan's Upper Peninsula — were up by 1.1 percent in the first quarter of 2026, compared to the first quarter last year.

Electricity consumption by small commercial and industrial customers was 0.7 percent higher. Electricity use by large commercial and industrial customers — excluding the iron ore mine — increased by 2.7 percent.

Residential electricity use rose by 0.2 percent.

On a weather-normal basis, retail deliveries of electricity — excluding the iron ore mine — increased by 1.3 percent.

For the quarter, natural gas deliveries in Wisconsin — excluding natural gas used for power generation — decreased by 3.5 percent compared to the first quarter of 2025. On a weather normal basis, these natural gas deliveries were 2.1 percent lower.

The company is reaffirming its 2026 earnings guidance of $5.51 to $5.61 per share. This assumes normal weather for the remainder of the year.