Discontinued — last reported Q4 '23
NiSource Electric Operations — Other revenues decreased by 2.4% to $20.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 15.6%, from $24.30M to $20.50M. Over 2 years (FY 2021 to FY 2023), Electric Operations — Other revenues shows relatively stable performance with a -4.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this area may indicate successful diversification of service offerings or increased administrative fee activity.
Revenue generated by the electric segment from non-core activities, such as late payment fees, service connection charge...
Commonly categorized as 'Other Operating Revenue' in utility financial statements.
ni_segment_electric_operations_other_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.20M | $23.90M | $23.50M | $23.70M | $22.00M | $25.40M | $24.30M | $23.50M | $18.20M | $21.00M | $20.50M |
| QoQ Change | — | +12.7% | -1.7% | +0.9% | -7.2% | +15.5% | -4.3% | -3.3% | -22.6% | +15.4% | -2.4% |
| YoY Change | — | — | — | — | +3.8% | +6.3% | +3.4% | -0.8% | -17.3% | -17.3% | -15.6% |