American Electric Power Generation decreased by 6.4% to $24.18B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $24.59B to $24.18B. Over 2 years (FY 2020 to FY 2022), Generation shows an upward trend with a 5.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Increases reflect ongoing capital investment in generation capacity, which typically supports future rate base growth.
This represents the gross book value of assets used for the generation of electricity, including power plants and relate...
Standard metric for vertically integrated utilities to compare generation asset scale.
other_public_utilities_property_plant_and_equipment_gene_b6b55d| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $23.69B | $24.14B | $23.09B | $24.39B | $24.47B | $24.59B | $25.83B | $24.18B |
| QoQ Change | — | +1.9% | -4.3% | +5.6% | +0.3% | +0.5% | +5.1% | -6.4% |
| YoY Change | — | — | — | — | +3.3% | +1.9% | +11.9% | -1.7% |