Wholesaleand Competitive — Revenue from Contracts with Customers
American Electric Power Wholesaleand Competitive — Revenue from Contracts with Customers decreased by 15.4% to $1.04B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 15.4%, from $1.22B to $1.04B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher market prices or increased generation output in competitive regions, while a decrease may indicate lower market demand or reduced merchant generation margins.
Detailed definition
This metric represents the total revenue generated from the sale of electricity and related services within the company'...
Peer comparison
Comparable to merchant energy revenue or competitive generation segment revenue reported by other large integrated utility companies with non-regulated business units.
aep_segment_wholesale_and_competitive_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $855.20M | $1.01B | $916.70M | $945.00M | $1.08B | $1.22B | $1.04B |
| QoQ Change | — | +17.9% | -9.1% | +3.1% | +14.0% | +13.7% | -15.4% |
| YoY Change | — | — | — | — | +26.0% | +21.5% | -15.4% |
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Frequently Asked Questions
- What is American Electric Power's wholesaleand competitive — revenue from contracts with customers?
- American Electric Power (AEP) reported wholesaleand competitive — revenue from contracts with customers of $1.04B in Q3 2023.
- How has American Electric Power's wholesaleand competitive — revenue from contracts with customers changed year-over-year?
- American Electric Power's wholesaleand competitive — revenue from contracts with customers decreased by 15.4% year-over-year, from $1.22B to $1.04B.
- What does wholesaleand competitive — revenue from contracts with customers mean?
- Revenue earned from selling electricity in competitive wholesale markets rather than through regulated retail rates.