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Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2021
Disaggregated Revenues from Contracts with Customers
Three Months Ended September 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,144.3 $598.0 $— $— $— $— $1,742.3 
Commercial Revenues618.9 279.9 — — — — 898.8 
Industrial Revenues566.0 95.2 — — — (0.1)661.1 
Other Retail Revenues47.5 11.1 — — — — 58.6 
Total Retail Revenues2,376.7 984.2 — — — (0.1)3,360.8 
Wholesale and Competitive Retail Revenues:
Generation Revenues 233.8 — — 47.8 — — 281.6 
Transmission Revenues (a)99.8 150.6 375.8 — — (317.4)308.8 
Renewable Generation Revenues (b)— — — 24.1 — (0.6)23.5 
Retail, Trading and Marketing Revenues (c)— — — 397.1 0.1 (3.1)394.1 
Total Wholesale and Competitive Retail Revenues
333.6 150.6 375.8 469.0 0.1 (321.1)1,008.0 
Other Revenues from Contracts with Customers (b)49.4 54.2 5.1 1.4 23.5 (40.1)93.5 
Total Revenues from Contracts with Customers
2,759.7 1,189.0 380.9 470.4 23.6 (361.3)4,462.3 
Other Revenues:
Alternative Revenues (b)0.5 6.4 10.7 — — (11.7)5.9 
Other Revenues (b) (d)(0.9)4.9 — 150.7 3.1 (3.0)154.8 
Total Other Revenues(0.4)11.3 10.7 150.7 3.1 (14.7)160.7 
Total Revenues$2,759.3 $1,200.3 $391.6 $621.1 $26.7 $(376.0)$4,623.0 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $286 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $4 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended September 30, 2020
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,053.3 $594.8 $— $— $— $— $1,648.1 
Commercial Revenues559.7 259.2 — — — — 818.9 
Industrial Revenues504.5 93.9 — — — (0.1)598.3 
Other Retail Revenues41.4 10.0 — — — — 51.4 
Total Retail Revenues2,158.9 957.9 — — — (0.1)3,116.7 
Wholesale and Competitive Retail Revenues:
Generation Revenues 158.4 — — 30.5 — — 188.9 
Transmission Revenues (a)84.4 119.1 317.7 — — (276.9)244.3 
Renewable Generation Revenues (b)— — — 15.8 — (0.3)15.5 
Retail, Trading and Marketing Revenues (c)
— — — 447.5 0.9 (24.8)423.6 
Total Wholesale and Competitive Retail Revenues
242.8 119.1 317.7 493.8 0.9 (302.0)872.3 
Other Revenues from Contracts with Customers (b)34.1 42.8 2.4 0.7 33.9 (43.7)70.2 
Total Revenues from Contracts with Customers
2,435.8 1,119.8 320.1 494.5 34.8 (345.8)4,059.2 
Other Revenues:
Alternative Revenues (b)(1.0)9.3 (2.2)— — 6.6 12.7 
Other Revenues (b) (d)— 36.2 — (4.5)(2.2)(35.0)(5.5)
Total Other Revenues(1.0)45.5 (2.2)(4.5)(2.2)(28.4)7.2 
Total Revenues$2,434.8 $1,165.3 $317.9 $490.0 $32.6 $(374.2)$4,066.4 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $246 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $19 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended September 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$172.5 $— $340.1 $231.7 $425.4 $236.8 $230.9 
Commercial Revenues89.1 — 146.9 143.9 190.8 120.9 145.4 
Industrial Revenues25.4 — 154.8 146.8 69.8 77.1 85.4 
Other Retail Revenues8.2 — 18.6 1.3 3.1 23.4 2.3 
Total Retail Revenues295.2 — 660.4 523.7 689.1 458.2 464.0 
Wholesale Revenues:
Generation Revenues (a)— — 83.7 80.2 — 7.2 77.1 
Transmission Revenues (b)131.5 360.1 35.2 8.7 19.1 10.6 37.1 
Total Wholesale Revenues131.5 360.1 118.9 88.9 19.1 17.8 114.2 
Other Revenues from Contracts with Customers (c)
6.8 5.0 22.5 24.2 47.3 8.3 6.1 
Total Revenues from Contracts with Customers
433.5 365.1 801.8 636.8 755.5 484.3 584.3 
Other Revenues:
Alternative Revenues (d)(0.9)11.9 2.2 (1.1)7.3 (0.5)(0.2)
Other Revenues (d)— — — — 4.9 — — 
Total Other Revenues(0.9)11.9 2.2 (1.1)12.2 (0.5)(0.2)
Total Revenues$432.6 $377.0 $804.0 $635.7 $767.7 $483.8 $584.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $30 million primarily relating to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $281 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $17 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Three Months Ended September 30, 2020
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$165.3 $— $324.2 $222.6 $429.4 $195.8 $219.4 
Commercial Revenues78.0 — 138.4 135.8 181.2 94.4 135.0 
Industrial Revenues24.9 — 139.4 139.7 69.1 55.0 83.8 
Other Retail Revenues6.9 — 17.6 1.6 3.1 18.4 2.3 
Total Retail Revenues275.1 — 619.6 499.7 682.8 363.6 440.5 
Wholesale Revenues:
Generation Revenues (a)— — 70.3 61.5 — 5.8 42.3 
Transmission Revenues (b)101.8 305.7 30.8 7.4 17.2 8.5 28.7 
Total Wholesale Revenues101.8 305.7 101.1 68.9 17.2 14.3 71.0 
Other Revenues from Contracts with Customers (c)
15.2 3.0 16.1 17.7 27.6 4.8 5.6 
Total Revenues from Contracts with Customers
392.1 308.7 736.8 586.3 727.6 382.7 517.1 
Other Revenues:
Alternative Revenues (d)(0.7)(4.6)(1.1)0.4 10.0 (0.5)0.2 
Other Revenues (d)40.6 — — — 3.4 — — 
Total Other Revenues39.9 (4.6)(1.1)0.4 13.4 (0.5)0.2 
Total Revenues$432.0 $304.1 $735.7 $586.7 $741.0 $382.2 $517.3 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $28 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $243 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $15 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Nine Months Ended September 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,016.2 $1,641.2 $— $— $— $— $4,657.4 
Commercial Revenues1,642.0 804.1 — — — — 2,446.1 
Industrial Revenues1,602.5 283.8 — — — (0.5)1,885.8 
Other Retail Revenues125.9 32.4 — — — — 158.3 
Total Retail Revenues6,386.6 2,761.5 — — — (0.5)9,147.6 
Wholesale and Competitive Retail Revenues:
Generation Revenues757.1 — — 119.4 — — 876.5 
Transmission Revenues (a)267.3 420.7 1,092.1 — — (901.5)878.6 
Renewable Generation Revenues (b)— — — 66.7 — (1.7)65.0 
Retail, Trading and Marketing Revenues (c)— — — 1,325.6 0.6 (48.5)1,277.7 
Total Wholesale and Competitive Retail Revenues1,024.4 420.7 1,092.1 1,511.7 0.6 (951.7)3,097.8 
Other Revenues from Contracts with Customers (b)136.1 149.3 12.5 4.9 46.1 (87.9)261.0 
Total Revenues from Contracts with Customers7,547.1 3,331.5 1,104.6 1,516.6 46.7 (1,040.1)12,506.4 
Other Revenues:
Alternative Revenues (b)10.7 46.1 42.2 — — (63.5)35.5 
Other Revenues (b) (d)(0.6)14.2 — 175.3 8.4 (8.6)188.7 
Total Other Revenues10.1 60.3 42.2 175.3 8.4 (72.1)224.2 
Total Revenues$7,557.2 $3,391.8 $1,146.8 $1,691.9 $55.1 $(1,112.2)$12,730.6 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $835 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $49 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Nine Months Ended September 30, 2020
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$2,789.1 $1,610.6 $— $— $— $— $4,399.7 
Commercial Revenues1,523.6 792.4 — — — — 2,316.0 
Industrial Revenues1,508.7 290.4 — — — (0.5)1,798.6 
Other Retail Revenues118.2 32.1 — — — — 150.3 
Total Retail Revenues5,939.6 2,725.5 — — — (0.5)8,664.6 
Wholesale and Competitive Retail Revenues:
Generation Revenues447.4 — — 106.1 — — 553.5 
Transmission Revenues (a)248.4 341.6 937.7 — — (741.7)786.0 
Renewable Generation Revenues (b)— — — 50.7 — (1.2)49.5 
Retail, Trading and Marketing Revenues (c)
— — — 1,133.8 (5.7)(80.7)1,047.4 
Total Wholesale and Competitive Retail Revenues
695.8 341.6 937.7 1,290.6 (5.7)(823.6)2,436.4 
Other Revenues from Contracts with Customers (b)124.1 112.3 17.5 1.7 84.4 (115.7)224.3 
Total Revenues from Contracts with Customers
6,759.5 3,179.4 955.2 1,292.3 78.7 (939.8)11,325.3 
Other Revenues:
Alternative Revenues (b)(6.0)49.2 (77.4)— — 3.5 (30.7)
Other Revenues (b) (d)— 78.1 — 13.2 (6.7)(71.3)13.3 
Total Other Revenues(6.0)127.3 (77.4)13.2 (6.7)(67.8)(17.4)
Total Revenues$6,753.5 $3,306.7 $877.8 $1,305.5 $72.0 $(1,007.6)$11,307.9 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $725 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $81 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Nine Months Ended September 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$423.7 $— $1,025.0 $624.4 $1,217.5 $516.4 $547.1 
Commercial Revenues265.2 — 409.5 384.5 538.9 286.8 385.4 
Industrial Revenues81.6 — 433.4 418.9 202.2 202.1 247.1 
Other Retail Revenues23.1 — 51.7 3.9 9.4 58.2 7.2 
Total Retail Revenues793.6 — 1,919.6 1,431.7 1,968.0 1,063.5 1,186.8 
Wholesale Revenues:
Generation Revenues (a)— — 231.2 248.1 — 6.8 326.2 
Transmission Revenues (b)364.5 1,045.2 94.1 25.3 56.2 28.8 94.5 
Total Wholesale Revenues364.5 1,045.2 325.3 273.4 56.2 35.6 420.7 
Other Revenues from Contracts with Customers (c)
35.4 12.5 43.6 81.9 113.8 24.8 17.7 
Total Revenues from Contracts with Customers
1,193.5 1,057.7 2,288.5 1,787.0 2,138.0 1,123.9 1,625.2 
Other Revenues:
Alternative Revenues (d)1.8 46.5 9.5 (3.0)44.3 0.5 5.1 
Other Revenues (d)— — — — 14.2 — — 
Total Other Revenues1.8 46.5 9.5 (3.0)58.5 0.5 5.1 
Total Revenues$1,195.3 $1,104.2 $2,298.0 $1,784.0 $2,196.5 $1,124.4 $1,630.3 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $90 million primarily relating to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $823 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $46 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Nine Months Ended September 30, 2020
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$447.8 $— $954.4 $610.8 $1,162.6 $463.5 $498.7 
Commercial Revenues285.2 — 390.6 376.0 507.3 247.8 351.2 
Industrial Revenues91.4 — 415.0 408.2 199.1 170.8 245.9 
Other Retail Revenues22.3 — 50.9 5.0 9.8 51.2 6.6 
Total Retail Revenues846.7 — 1,810.9 1,400.0 1,878.8 933.3 1,102.4 
Wholesale Revenues:
Generation Revenues (a)— — 185.3 215.5 — 9.9 106.7 
Transmission Revenues (b)290.4 902.6 91.5 22.1 51.1 20.2 87.5 
Total Wholesale Revenues290.4 902.6 276.8 237.6 51.1 30.1 194.2 
Other Revenues from Contracts with Customers (c)
33.4 17.5 46.8 60.6 78.9 23.2 21.1 
Total Revenues from Contracts with Customers
1,170.5 920.1 2,134.5 1,698.2 2,008.8 986.6 1,317.7 
Other Revenues:
Alternative Revenues (d)(0.3)(82.3)(11.9)5.4 49.6 1.5 0.5 
Other Revenues (d)86.9 — — — 13.3 — — 
Total Other Revenues86.6 (82.3)(11.9)5.4 62.9 1.5 0.5 
Total Revenues$1,257.1 $837.8 $2,122.6 $1,703.6 $2,071.7 $988.1 $1,318.2 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $85 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $715 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $49 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Fixed Performance Obligations
Company20212022-20232024-2025After 2025Total
(in millions)
AEP$314.9 $199.3 $160.3 $161.5 $836.0 
AEP Texas132.7 — — — 132.7 
AEPTCo331.7 — — — 331.7 
APCo44.9 34.5 26.6 11.6 117.6 
I&M10.0 11.5 8.8 4.5 34.8 
OPCo22.2 10.1 — — 32.3 
PSO3.5 — — — 3.5 
SWEPCo10.1 — — — 10.1 
Affiliated Accounts Receivable Contracts with Customers
CompanySeptember 30, 2021December 31, 2020
(in millions)
AEPTCo$96.4 $81.0 
APCo64.1 52.7 
I&M24.6 34.8 
OPCo44.5 45.9 
PSO17.7 7.8 
SWEPCo19.9 11.2