American Electric Power Fair Value increased by 5.9% to $3.54B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $3.13B to $3.54B. Over 2 years (FY 2020 to FY 2022), Fair Value shows relatively stable performance with a 0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher fair value indicates better funding status for long-term environmental liabilities, reducing the risk of future cash calls on the company.
This represents the fair value of funds held in restricted trusts specifically designated for the future decommissioning...
Nuclear operators are required to maintain these trusts, and their performance is benchmarked against regulatory funding requirements.
other_spent_nuclear_fuel_and_decommissioning_trusts| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $3.61B | $3.61B | $3.87B | $3.68B | $3.28B | $3.13B | $3.34B | $3.54B |
| QoQ Change | — | -0.1% | +7.1% | -4.9% | -10.8% | -4.6% | +6.7% | +5.9% |
| YoY Change | — | — | — | — | -9.2% | -13.3% | -13.6% | +13.1% |