Transmissionand Distribution Utilities Revenues — Revenue from Contracts with Customers
American Electric Power Transmissionand Distribution Utilities Revenues — Revenue from Contracts with Customers decreased by 99.4% to $8.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 99.4%, from $1.53B to $8.90M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase typically indicates higher electricity demand, successful rate recovery, or expansion of the customer base, while a decrease may signal reduced consumption or regulatory adjustments to service rates.
Detailed definition
This metric represents the total revenue generated from the delivery of electricity through transmission and distributio...
Peer comparison
This is a standard revenue line item for regulated utility companies, comparable to transmission and distribution service revenues reported by other major investor-owned utilities.
aep_segment_transmission_and_distribution_utilities_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $1.09B | $1.20B | $1.10B | $1.24B | $1.30B | $1.53B | $8.90M |
| QoQ Change | — | +9.7% | -8.2% | +13.2% | +4.4% | +17.6% | -99.4% |
| YoY Change | — | — | — | — | +19.0% | +27.7% | -99.4% |
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Frequently Asked Questions
- What is American Electric Power's transmissionand distribution utilities revenues — revenue from contracts with customers?
- American Electric Power (AEP) reported transmissionand distribution utilities revenues — revenue from contracts with customers of $8.90M in Q3 2023.
- How has American Electric Power's transmissionand distribution utilities revenues — revenue from contracts with customers changed year-over-year?
- American Electric Power's transmissionand distribution utilities revenues — revenue from contracts with customers decreased by 99.4% year-over-year, from $1.53B to $8.90M.
- What does transmissionand distribution utilities revenues — revenue from contracts with customers mean?
- The total income earned from transporting and distributing electricity to customers through the power grid.