Industrial — Revenue from Contracts with Customers
American Electric Power Industrial — Revenue from Contracts with Customers decreased by 1.3% to $838.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $849.70M to $838.50M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests robust regional industrial activity and higher energy consumption by large manufacturers, while a decrease may indicate an economic slowdown or reduced industrial production in the service territory.
Detailed definition
This metric represents the total retail revenue generated from electricity sales to industrial customers, who typically...
Peer comparison
Most vertically integrated utilities report industrial revenue separately; peers often track this alongside commercial and residential revenue to assess the diversification of their retail customer base.
aep_segment_industrial_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $655.20M | $661.10M | $676.80M | $695.90M | $804.30M | $849.70M | $838.50M |
| QoQ Change | — | +0.9% | +2.4% | +2.8% | +15.6% | +5.6% | -1.3% |
| YoY Change | — | — | — | — | +22.8% | +28.5% | -1.3% |
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Frequently Asked Questions
- What is American Electric Power's industrial — revenue from contracts with customers?
- American Electric Power (AEP) reported industrial — revenue from contracts with customers of $838.50M in Q3 2023.
- How has American Electric Power's industrial — revenue from contracts with customers changed year-over-year?
- American Electric Power's industrial — revenue from contracts with customers decreased by 1.3% year-over-year, from $849.70M to $838.50M.
- What does industrial — revenue from contracts with customers mean?
- The total revenue earned from providing electricity to industrial-scale business customers.