Utilities
Utilities - Independent Power Producers
$45.21B
4.9K
Key insights and themes extracted from this filing
Operating revenues increased to $3,845 million in Q2 2024, up from $3,189 million in Q2 2023, primarily due to increased retail energy charges and wholesale generation revenue.
Net income decreased to $467 million in Q2 2024, down from $476 million in Q2 2023, despite increased revenues, due to higher operating costs and interest expense.
Operating costs increased to $628 million in Q2 2024, up from $445 million in Q2 2023, indicating potential challenges in cost management despite revenue growth.