Electric Transmission — Revenue from Contracts with Customers
American Electric Power Electric Transmission — Revenue from Contracts with Customers increased by 5.3% to $93.80M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $89.10M to $93.80M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher demand for grid capacity, successful rate recovery, or expansion of the transmission network. A decrease may indicate reduced load, regulatory rate adjustments, or lower utilization of transmission assets.
Detailed definition
This metric represents the total gross revenue recognized from providing electricity transmission services to customers...
Peer comparison
Comparable to 'Transmission Revenue' or 'Grid Services Revenue' reported by other regulated utility companies with significant transmission operations.
aep_segment_transmission_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $84.10M | $79.20M | $75.80M | $75.70M | $85.60M | $89.10M | $93.80M |
| QoQ Change | — | -5.8% | -4.3% | -0.1% | +13.1% | +4.1% | +5.3% |
| YoY Change | — | — | — | — | +1.8% | +12.5% | +5.3% |
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Frequently Asked Questions
- What is American Electric Power's electric transmission — revenue from contracts with customers?
- American Electric Power (AEP) reported electric transmission — revenue from contracts with customers of $93.80M in Q3 2023.
- How has American Electric Power's electric transmission — revenue from contracts with customers changed year-over-year?
- American Electric Power's electric transmission — revenue from contracts with customers increased by 5.3% year-over-year, from $89.10M to $93.80M.
- What does electric transmission — revenue from contracts with customers mean?
- The total gross revenue earned from providing electricity transmission services to customers.