Wholesale Transmission — Revenue from Contracts with Customers
American Electric Power Wholesale Transmission — Revenue from Contracts with Customers increased by 10.4% to $454.70M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $411.70M to $454.70M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher utilization of the transmission network or favorable rate adjustments, while a decrease may indicate reduced demand for bulk power transport or regulatory changes affecting transmission tariffs.
Detailed definition
This metric represents the total revenue generated from providing high-voltage electricity transmission services to whol...
Peer comparison
Peers in the regulated utility sector typically report this under transmission or wholesale services segments, with revenue stability driven by FERC-regulated formula rates.
aep_segment_wholesale_transmission_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $339.90M | $360.10M | $348.70M | $400.30M | $406.10M | $411.70M | $454.70M |
| QoQ Change | — | +5.9% | -3.2% | +14.8% | +1.4% | +1.4% | +10.4% |
| YoY Change | — | — | — | — | +19.5% | +14.3% | +10.4% |
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Frequently Asked Questions
- What is American Electric Power's wholesale transmission — revenue from contracts with customers?
- American Electric Power (AEP) reported wholesale transmission — revenue from contracts with customers of $454.70M in Q3 2023.
- How has American Electric Power's wholesale transmission — revenue from contracts with customers changed year-over-year?
- American Electric Power's wholesale transmission — revenue from contracts with customers increased by 10.4% year-over-year, from $411.70M to $454.70M.
- What does wholesale transmission — revenue from contracts with customers mean?
- Revenue earned from transporting bulk electricity across the power grid for other utility companies and wholesale market participants.