Residential — Revenue from Contracts with Customers
American Electric Power Residential — Revenue from Contracts with Customers increased by 3.9% to $2.10B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $2.02B to $2.10B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase typically indicates growth in the residential customer base, higher household energy consumption, or favorable rate adjustments, while a decrease may signal economic contraction, energy efficiency improvements, or milder weather conditions.
Detailed definition
This metric represents the total revenue generated from the sale of electricity to residential end-use customers within...
Peer comparison
Most regulated utilities report residential revenue as a primary segment, making it highly comparable across the sector as a measure of retail demand stability.
aep_segment_residential_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $1.32B | $1.74B | $1.43B | $1.75B | $1.54B | $2.02B | $2.10B |
| QoQ Change | — | +31.9% | -17.7% | +22.2% | -12.0% | +31.1% | +3.9% |
| YoY Change | — | — | — | — | +16.7% | +15.9% | +3.9% |
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Frequently Asked Questions
- What is American Electric Power's residential — revenue from contracts with customers?
- American Electric Power (AEP) reported residential — revenue from contracts with customers of $2.10B in Q3 2023.
- How has American Electric Power's residential — revenue from contracts with customers changed year-over-year?
- American Electric Power's residential — revenue from contracts with customers increased by 3.9% year-over-year, from $2.02B to $2.10B.
- What does residential — revenue from contracts with customers mean?
- The total amount of money earned from providing electricity services to residential households.