Utilities Operating Expense, Purchased Power
FirstEnergy Utilities Operating Expense, Purchased Power increased by 19.0% to $1.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.3%, from $1.09B to $1.43B. Over 4 years (FY 2021 to FY 2025), Utilities Operating Expense, Purchased Power shows an upward trend with a 11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Higher costs may indicate supply shortages, maintenance outages at owned plants, or unfavorable wholesale market pricing.
Detailed definition
Purchased power expenses represent the costs incurred by the utility to acquire electricity from third-party generators...
Peer comparison
Common in regulated utilities; peers report this as a standard operating expense for power procurement.
other_utilities_operating_expense_purchased_powerHistorical Data
| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $614.00M | $874.00M | $758.00M | $875.00M | $802.00M | $1.11B | $1.08B | $1.12B | $894.00M | $1.16B | $935.00M | $1.04B | $877.00M | $1.09B | $913.00M | $1.09B | $953.00M | $1.34B | $1.20B | $1.43B |
| QoQ Change | — | +42.3% | -13.3% | +15.4% | -8.3% | +38.3% | -2.9% | +4.4% | -20.5% | +29.2% | -19.0% | +10.8% | -15.3% | +23.8% | -15.9% | +19.2% | -12.4% | +40.7% | -10.4% | +19.0% |
| YoY Change | — | — | — | — | +30.6% | +26.9% | +42.1% | +28.5% | +11.5% | +4.1% | -13.2% | -7.8% | -1.9% | -6.0% | -2.4% | +5.0% | +8.7% | +23.5% | +31.5% | +31.3% |
Utilities Operating Expense, Purchased Power at Other Companies
Frequently Asked Questions
- What is FirstEnergy's utilities operating expense, purchased power?
- FirstEnergy (FE) reported utilities operating expense, purchased power of $1.43B in Q1 2026.
- How has FirstEnergy's utilities operating expense, purchased power changed year-over-year?
- FirstEnergy's utilities operating expense, purchased power increased by 31.3% year-over-year, from $1.09B to $1.43B.
- What is the long-term trend for FirstEnergy's utilities operating expense, purchased power?
- Over 4 years (2021 to 2025), FirstEnergy's utilities operating expense, purchased power has grown at a 11.5% compound annual growth rate (CAGR), from $2.96B to $4.58B.
- What does utilities operating expense, purchased power mean?
- The cost of buying electricity from outside sources to meet customer demand.