Discontinued — last reported Q4 '22
Distribution services and retail generation — Rate refunds
FirstEnergy Distribution services and retail generation — Rate refunds remained flat by 0.0% to $14.50M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 52.6%, from $9.50M to $14.50M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher regulatory pressure or the resolution of past billing disputes in favor of customers, which negatively impacts net revenue.
Detailed definition
This metric tracks the financial impact of mandated returns of excess collections to customers, typically resulting from...
Peer comparison
Similar to regulatory disallowances or customer credit adjustments found in the financial disclosures of other highly regulated utility companies.
fe_segment_distribution_services_and_retail_generation_rate_refundsHistorical Data
| FY'21 | FY'22 | |
|---|---|---|
| Value | $38.00M | $58.00M |
| YoY Change | — | +52.6% |
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Frequently Asked Questions
- What is FirstEnergy's distribution services and retail generation — rate refunds?
- FirstEnergy (FE) reported distribution services and retail generation — rate refunds of $14.50M in Q4 2022.
- How has FirstEnergy's distribution services and retail generation — rate refunds changed year-over-year?
- FirstEnergy's distribution services and retail generation — rate refunds increased by 52.6% year-over-year, from $9.50M to $14.50M.
- What does distribution services and retail generation — rate refunds mean?
- The amount of money returned to customers due to regulatory adjustments or over-collection of rates.