Discontinued — last reported Q3 '24
Exelon Atlantic City Electric Company — Operating Expenses increased by 21.3% to $410.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $394.00M to $410.00M. Over 2 years (FY 2021 to FY 2023), Atlantic City Electric Company — Operating Expenses shows relatively stable performance with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in operating expenses may indicate rising maintenance requirements, inflationary pressures on labor and materials, or expanded service activities, while a decrease suggests improved operational efficiency or successful cost-containment initiatives.
This metric represents the total costs incurred by the Atlantic City Electric Company segment to maintain its utility in...
Regulated utilities typically benchmark these expenses against authorized regulatory recovery levels and peer utility operating ratios to ensure cost-effectiveness for ratepayers.
exc_segment_atlantic_city_electric_company_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $269.00M | $359.00M | $291.00M | $311.00M | $283.00M | $353.00M | $278.00M | $298.00M | $280.00M | $394.00M | $342.00M | $303.00M | $338.00M | $410.00M |
| QoQ Change | — | +33.5% | -18.9% | +6.9% | -9.0% | +24.7% | -21.2% | +7.2% | -6.0% | +40.7% | -13.2% | -11.4% | +11.6% | +21.3% |
| YoY Change | — | — | — | — | +5.2% | -1.7% | -4.5% | -4.2% | -1.1% | +11.6% | +23.0% | +1.7% | +20.7% | +4.1% |