AEP Reports Higher Contribution From Competitive Retail Segment, From Higher Retail Margins
April 25,2019
In reporting earnings for the quarter ending March 31, 2019, AEP reported that its competitive retail segment contributed an additional $0.02 per share (about $9.8 million) to operating earnings for the quarter ending March 31, 2019, compared to the prior-year quarter
AEP said that increases in retail margins accounted for the higher contribution in the quarter ending March 31, 2019
AEP reported that its Generation & Marketing segment, which includes the competitive retail segment in addition to various other non-rate regulated activities, posted operating earnings of $43.1 million for the first quarter of 2019, versus $37.0 million a year ago