Retail — Revenue from Contracts with Customers
American Electric Power Retail — Revenue from Contracts with Customers increased by 3.0% to $4.16B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $4.04B to $4.16B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase typically signals growth in the customer base, higher electricity consumption due to weather or economic activity, or favorable rate adjustments. A decrease may indicate reduced demand, energy efficiency gains, or regulatory rate pressures.
Detailed definition
This metric represents the total revenue generated from the sale of electricity to retail end-use customers, including r...
Peer comparison
This is a standard revenue line item for vertically integrated utilities, often compared against peers based on customer mix and regulatory jurisdiction performance.
aep_segment_retail_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $2.85B | $3.36B | $3.01B | $3.37B | $3.37B | $4.04B | $4.16B |
| QoQ Change | — | +17.9% | -10.4% | +11.9% | -0.0% | +19.9% | +3.0% |
| YoY Change | — | — | — | — | +18.2% | +20.1% | +3.0% |
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Frequently Asked Questions
- What is American Electric Power's retail — revenue from contracts with customers?
- American Electric Power (AEP) reported retail — revenue from contracts with customers of $4.16B in Q3 2023.
- How has American Electric Power's retail — revenue from contracts with customers changed year-over-year?
- American Electric Power's retail — revenue from contracts with customers increased by 3.0% year-over-year, from $4.04B to $4.16B.
- What does retail — revenue from contracts with customers mean?
- The total revenue earned from selling electricity directly to residential, commercial, and industrial customers.