Renewable Generation — Revenue from Contracts with Customers
American Electric Power Renewable Generation — Revenue from Contracts with Customers decreased by 58.6% to $17.30M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 58.6%, from $41.80M to $17.30M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing capacity, higher utilization of renewable assets, or favorable pricing for green energy, while a decrease may signal asset retirement, lower renewable output, or contract expirations.
Detailed definition
This metric represents the total revenue recognized from the sale of electricity generated through renewable energy sour...
Peer comparison
Peers in the utility sector report this as 'Renewables Revenue' or 'Clean Energy Segment Revenue,' with comparisons often focused on the percentage of total generation revenue derived from non-carbon sources.
aep_segment_renewable_generation_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $19.80M | $23.50M | $18.30M | $21.60M | $35.30M | $41.80M | $17.30M |
| QoQ Change | — | +18.7% | -22.1% | +18.0% | +63.4% | +18.4% | -58.6% |
| YoY Change | — | — | — | — | +78.3% | +77.9% | -58.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American Electric Power's renewable generation — revenue from contracts with customers?
- American Electric Power (AEP) reported renewable generation — revenue from contracts with customers of $17.30M in Q3 2023.
- How has American Electric Power's renewable generation — revenue from contracts with customers changed year-over-year?
- American Electric Power's renewable generation — revenue from contracts with customers decreased by 58.6% year-over-year, from $41.80M to $17.30M.
- What does renewable generation — revenue from contracts with customers mean?
- The total revenue earned from selling electricity produced by renewable energy sources.