Commercial — Revenue from Contracts with Customers
American Electric Power Commercial — Revenue from Contracts with Customers increased by 3.9% to $1.14B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $1.10B to $1.14B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests growth in the commercial customer base or higher energy consumption by businesses, indicating a healthy regional economy. A decrease may signal economic contraction, business closures, or increased energy efficiency measures within the commercial sector.
Detailed definition
This metric represents the total revenue generated from electricity sales to commercial customers, including businesses,...
Peer comparison
Most regulated utilities report commercial revenue as a distinct retail class, allowing for direct comparison of commercial load growth and tariff rate performance across peer utility companies.
aep_segment_commercial_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $821.90M | $898.80M | $843.60M | $862.60M | $956.50M | $1.10B | $1.14B |
| QoQ Change | — | +9.4% | -6.1% | +2.3% | +10.9% | +14.8% | +3.9% |
| YoY Change | — | — | — | — | +16.4% | +22.2% | +3.9% |
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Frequently Asked Questions
- What is American Electric Power's commercial — revenue from contracts with customers?
- American Electric Power (AEP) reported commercial — revenue from contracts with customers of $1.14B in Q3 2023.
- How has American Electric Power's commercial — revenue from contracts with customers changed year-over-year?
- American Electric Power's commercial — revenue from contracts with customers increased by 3.9% year-over-year, from $1.10B to $1.14B.
- What does commercial — revenue from contracts with customers mean?
- The total amount of money earned from providing electricity services to commercial business customers.