Discontinued — last reported Q4 '24
Reserve for Revenues Subject to Refund — Revenue
Eversource Energy Reserve for Revenues Subject to Refund — Revenue remained flat by 0.0% to -$475.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 144.2%, from $1.08M to -$475.00K. Over 3 years (FY 2021 to FY 2024), Reserve for Revenues Subject to Refund — Revenue shows a downward trend with a -72.7% CAGR.
Analysis
How to read this metric
An increase indicates a reversal of previously reserved revenue, boosting current period earnings, while a decrease suggests higher accruals for potential future refunds to customers. Frequent fluctuations often signal ongoing regulatory uncertainty or the resolution of rate-related disputes.
Detailed definition
This metric represents the net impact on revenue resulting from the adjustment of reserves previously established for po...
Peer comparison
Similar to 'Regulatory Liability Adjustments' or 'Revenue Subject to Refund' line items found in the financial statements of other rate-regulated utilities, which vary based on the timing of state-level regulatory commission rulings.
es_segment_reserve_for_revenues_subject_to_refund_revenueHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $93.40M | $72.70M | $4.30M | -$1.90M |
| YoY Change | — | -22.2% | -94.1% | -144.2% |
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Frequently Asked Questions
- What is Eversource Energy's reserve for revenues subject to refund — revenue?
- Eversource Energy (ES) reported reserve for revenues subject to refund — revenue of -$475.00K in Q4 2024.
- How has Eversource Energy's reserve for revenues subject to refund — revenue changed year-over-year?
- Eversource Energy's reserve for revenues subject to refund — revenue decreased by 144.2% year-over-year, from $1.08M to -$475.00K.
- What is the long-term trend for Eversource Energy's reserve for revenues subject to refund — revenue?
- Over 3 years (2021 to 2024), Eversource Energy's reserve for revenues subject to refund — revenue has grown at a -72.7% compound annual growth rate (CAGR), from $93.40M to -$1.90M.
- What does reserve for revenues subject to refund — revenue mean?
- The net revenue adjustment resulting from the settlement or change in estimated liabilities for potential customer refunds.