Utilities
Utilities - Regulated Electric
$29.40B
7K
Key insights and themes extracted from this filing
Operating revenues decreased from $1,957.4 million to $1,863.5 million for the three months ended September 30, 2024, primarily due to lower natural gas sales volumes as a result of warmer weather.
Net income decreased from $315.6 million to $238.6 million for the three months ended September 30, 2024, primarily due to lower operating revenues and a $25.3 million pre-tax charge to income related to the ICC's disallowance of certain capital costs.
Capital expenditures increased $205.2 million for the nine months ended September 30, 2024, compared to the same period in 2023, as the company continues to execute on its ESG Progress Plan.