American Electric Power Securitized Assets decreased by 18.1% to $365.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 23.0%, from $474.30M to $365.40M. Over 2 years (FY 2020 to FY 2022), Securitized Assets shows a downward trend with a -17.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease indicates the successful amortization and recovery of these regulatory costs from customers.
These are assets created through regulatory mechanisms that allow utilities to recover specific costs, such as stranded...
Many utilities hold similar regulatory assets, though the specific mechanisms and amounts vary based on state-level regulatory environments.
other_securitized_regulatory_transition_assets_noncurrent| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $608.00M | $580.40M | $552.80M | $527.60M | $502.50M | $474.30M | $446.00M | $365.40M |
| QoQ Change | — | -4.5% | -4.8% | -4.6% | -4.8% | -5.6% | -6.0% | -18.1% |
| YoY Change | — | — | — | — | -17.4% | -18.3% | -19.3% | -23.0% |