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Revenue from Contracts with Customers (Tables)
 12 Months Ended
Dec. 31, 2021
Disaggregated Revenues from Contracts with Customers
Year Ended December 31, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,952.6 $2,138.2 $— $— $— $— $6,090.8 
Commercial Revenues2,208.5 1,081.2 — — — — 3,289.7 
Industrial Revenues2,168.2 395.2 — — — (0.8)2,562.6 
Other Retail Revenues170.6 43.9 — — — — 214.5 
Total Retail Revenues8,499.9 3,658.5 — — — (0.8)12,157.6 
Wholesale and Competitive Retail Revenues:
Generation Revenues 942.6 — — 137.9 — — 1,080.5 
Transmission Revenues (a)355.5 572.4 1,456.4 — — (1,206.0)1,178.3 
Renewable Generation Revenues (b)— — — 86.9 — (3.6)83.3 
Retail, Trading and Marketing Revenues (c)— — — 1,722.6 1.4 (51.6)1,672.4 
Total Wholesale and Competitive Retail Revenues
1,298.1 572.4 1,456.4 1,947.4 1.4 (1,261.2)4,014.5 
Other Revenues from Contracts with Customers (b)187.5 194.2 17.1 7.2 60.1 (115.2)350.9 
Total Revenues from Contracts with Customers
9,985.5 4,425.1 1,473.5 1,954.6 61.5 (1,377.2)16,523.0 
Other Revenues:
Alternative Revenues (b)13.5 48.8 52.7 — — (73.6)41.4 
Other Revenues (b) (d)(0.5)19.0 — 209.1 10.7 (10.7)227.6 
Total Other Revenues13.0 67.8 52.7 209.1 10.7 (84.3)269.0 
Total Revenues$9,998.5 $4,492.9 $1,526.2 $2,163.7 $72.2 $(1,461.5)$16,792.0 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $1.1 billion. 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 $52 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Year Ended December 31, 2020
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,606.8 $2,086.9 $— $— $— $— $5,693.7 
Commercial Revenues2,016.2 1,048.6 — — — — 3,064.8 
Industrial Revenues2,018.0 390.1 — — — (0.7)2,407.4 
Other Retail Revenues155.6 42.5 — — — — 198.1 
Total Retail Revenues7,796.6 3,568.1 — — — (0.7)11,364.0 
Wholesale and Competitive Retail Revenues:
Generation Revenues 588.3 — — 131.9 — — 720.2 
Transmission Revenues (a)334.5 467.0 1,257.0 — — (1,006.7)1,051.8 
Renewable Generation Revenues (b)— — — 60.9 — (1.6)59.3 
Retail, Trading and Marketing Revenues (c)— — — 1,486.9 (5.5)(103.0)1,378.4 
Total Wholesale and Competitive Retail Revenues
922.8 467.0 1,257.0 1,679.7 (5.5)(1,111.3)3,209.7 
Other Revenues from Contracts with Customers (b)163.2 157.8 22.4 2.3 92.5 (148.6)289.6 
Total Revenues from Contracts with Customers
8,882.6 4,192.9 1,279.4 1,682.0 87.0 (1,260.6)14,863.3 
Other Revenues:
Alternative Revenues (b)(3.2)70.0 (80.6)— — 7.5 (6.3)
Other Revenues (b) (d)— 83.0 — 43.6 9.8 (74.9)61.5 
Total Other Revenues(3.2)153.0 (80.6)43.6 9.8 (67.4)55.2 
Total Revenues$8,879.4 $4,345.9 $1,198.8 $1,725.6 $96.8 $(1,328.0)$14,918.5 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $965 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 $103 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Year Ended December 31, 2019
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,643.7 $2,069.9 $— $— $— $— $5,713.6 
Commercial Revenues2,155.3 1,152.9 — — — — 3,308.2 
Industrial Revenues2,179.0 429.1 — — — (0.9)2,607.2 
Other Retail Revenues179.1 43.8 — — — — 222.9 
Total Retail Revenues8,157.1 3,695.7 — — — (0.9)11,851.9 
Wholesale and Competitive Retail Revenues:
Generation Revenues807.6 — — 254.8 — — 1,062.4 
Transmission Revenues (a)292.1 435.1 1,077.2 — — (825.0)979.4 
Renewable Generation Revenues (b)— — — 57.3 — — 57.3 
Retail, Trading and Marketing Revenues (c)— — — 1,480.7 — (135.6)1,345.1 
Total Wholesale and Competitive Retail Revenues
1,099.7 435.1 1,077.2 1,792.8 — (960.6)3,444.2 
Other Revenues from Contracts with Customers (b)168.2 169.4 16.6 4.9 104.7 (147.1)316.7 
Total Revenues from Contracts with Customers
9,425.0 4,300.2 1,093.8 1,797.7 104.7 (1,108.6)15,612.8 
Other Revenues:
Alternative Revenues (b)(57.9)32.3 (20.6)— — (66.9)(113.1)
Other Revenues (b) (d)— 150.0 — 59.9 (8.9)(139.3)61.7 
Total Other Revenues(57.9)182.3 (20.6)59.9 (8.9)(206.2)(51.4)
Total Revenues$9,367.1 $4,482.5 $1,073.2 $1,857.6 $95.8 $(1,314.8)$15,561.4 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $794 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 $136 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Year Ended December 31, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$550.3 $— $1,379.6 $805.4 $1,587.9 $651.9 $709.5 
Commercial Revenues358.5 — 556.3 507.2 722.7 378.9 529.3 
Industrial Revenues108.9 — 584.3 557.0 286.3 274.1 344.4 
Other Retail Revenues31.3 — 70.8 5.2 12.6 77.7 10.0 
Total Retail Revenues1,049.0 — 2,591.0 1,874.8 2,609.5 1,382.6 1,593.2 
Wholesale Revenues:
Generation Revenues (a)— — 302.7 318.1 — 22.9 386.6 
Transmission Revenues (b)497.5 1,393.9 128.8 33.7 74.9 37.5 122.7 
Total Wholesale Revenues497.5 1,393.9 431.5 351.8 74.9 60.4 509.3 
Other Revenues from Contracts with Customers (c)41.2 17.0 70.4 104.1 153.1 31.3 23.5 
Total Revenues from Contracts with Customers1,587.7 1,410.9 3,092.9 2,330.7 2,837.5 1,474.3 2,126.0 
Other Revenues:
Alternative Revenues (d)6.1 58.4 12.3 (4.0)42.6 0.1 5.8 
Other Revenues (d)— — — — 19.0 — — 
Total Other Revenues6.1 58.4 12.3 (4.0)61.6 0.1 5.8 
Total Revenues$1,593.8 $1,469.3 $3,105.2 $2,326.7 $2,899.1 $1,474.4 $2,131.8 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $129 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 $1.1 billion. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $60 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Year Ended December 31, 2020
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$563.6 $— $1,250.6 $794.1 $1,523.4 $579.4 $630.8 
Commercial Revenues366.7 — 517.0 499.3 682.0 320.1 466.7 
Industrial Revenues120.1 — 553.5 547.4 270.0 221.1 328.8 
Other Retail Revenues29.5 — 67.6 6.6 13.1 66.0 9.1 
Total Retail Revenues1,079.9 — 2,388.7 1,847.4 2,488.5 1,186.6 1,435.4 
Wholesale Revenues:
Generation Revenues (a)— — 230.2 274.6 — 15.1 162.0 
Transmission Revenues (b)399.9 1,210.3 130.8 29.0 67.0 27.5 111.2 
Total Wholesale Revenues399.9 1,210.3 361.0 303.6 67.0 42.6 273.2 
Other Revenues from Contracts with Customers (c)48.2 22.4 59.5 85.0 109.5 34.7 26.7 
Total Revenues from Contracts with Customers
1,528.0 1,232.7 2,809.2 2,236.0 2,665.0 1,263.9 1,735.3 
Other Revenues:
Alternative Revenues (d)3.4 (87.0)(13.0)5.8 66.6 2.2 3.2 
Other Revenues (d)87.5 — — — 17.5 — — 
Total Other Revenues90.9 (87.0)(13.0)5.8 84.1 2.2 3.2 
Total Revenues$1,618.9 $1,145.7 $2,796.2 $2,241.8 $2,749.1 $1,266.1 $1,738.5 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $112 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 $952 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $69 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Year Ended December 31, 2019
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$571.5 $— $1,266.9 $730.0 $1,502.0 $650.2 $638.6 
Commercial Revenues411.5 — 559.9 494.2 738.5 388.5 485.4 
Industrial Revenues129.4 — 592.2 550.7 299.9 303.5 338.7 
Other Retail Revenues29.9 — 75.2 7.3 13.1 81.6 9.0 
Total Retail Revenues1,142.3 — 2,494.2 1,782.2 2,553.5 1,423.8 1,471.7 
Wholesale Revenues:
Generation Revenues (a)— — 251.5 402.4 — 39.5 194.7 
Transmission Revenues (b)379.2 1,025.5 103.6 25.1 56.0 27.5 106.7 
Total Wholesale Revenues379.2 1,025.5 355.1 427.5 56.0 67.0 301.4 
Other Revenues from Contracts with Customers (c)30.1 16.6 61.8 98.4 139.3 22.0 26.1 
Total Revenues from Contracts with Customers1,551.6 1,042.1 2,911.1 2,308.1 2,748.8 1,512.8 1,799.2 
Other Revenues:
Alternative Revenues (d)0.6 (20.7)13.6 (1.4)31.7 (31.0)(48.3)
Other Revenues (d)157.1 — — — 17.1 — — 
Total Other Revenues157.7 (20.7)13.6 (1.4)48.8 (31.0)(48.3)
Total Revenues$1,709.3 $1,021.4 $2,924.7 $2,306.7 $2,797.6 $1,481.8 $1,750.9 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $129 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 $782 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $73 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
Company20222023-20242025-2026After 2026Total
(in millions)
AEP$1,231.9 $160.8 $157.9 $97.0 $1,647.6 
AEP Texas531.0 — — — 531.0 
AEPTCo1,510.3 — — — 1,510.3 
APCo201.5 32.2 23.2 11.6 268.5 
I&M37.7 8.8 8.8 4.5 59.8 
OPCo78.3 — — — 78.3 
PSO13.1 — — — 13.1 
SWEPCo43.0 — — — 43.0 
Affiliated Accounts Receivable Contracts with Customers
Years Ended December 31,
Company20212020
(in millions)
AEP Texas$0.4 $0.2 
AEPTCo95.5 81.0 
APCo117.8 52.7 
I&M61.2 34.8 
OPCo51.7 45.9 
PSO18.8 7.8 
SWEPCo24.7 11.2