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Revenue (Notes)
3 Months Ended
Mar. 31, 2024
Revenue from External Customer [Line Items]  
Revenue from Contract with Customer [Text Block] REVENUE
Revenue is primarily earned from retail and wholesale electricity sales and electricity transmission and distribution delivery services. Revenue is recognized upon transfer of control of promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. Revenue is recorded net of any taxes assessed on and collected from customers, which are remitted to the governmental authorities. Please see Note 13, “Revenue” to IPALCO’s 2023 Form 10-K for further discussion of our retail, wholesale and miscellaneous revenue.

AES Indiana’s revenue from contracts with customers were $401.2 million and $482.9 million for the three months ended March 31, 2024 and 2023, respectively. The following table presents our revenue from contracts with customers and other revenue (in thousands):

For the Three Months Ended March 31,
20242023
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$180,969 $204,748 
          Small commercial and industrial63,196 69,879 
          Large commercial and industrial125,209 170,978 
          Public lighting14,655 2,614 
          Other (1)
2,179 4,657 
                    Total retail revenue from contracts with customers386,208 452,876 
     Alternative revenue programs5,706 7,739 
Wholesale Revenue
     Wholesale revenue from contracts with customers:12,622 24,251 
Miscellaneous Revenue
          Capacity revenue4,848 
          Transmission and other revenue2,380 906 
               Total miscellaneous revenue from contracts with customers2,387 5,754 
     Other miscellaneous revenue (2)
878 766 
Total Revenue$407,801 $491,386 
(1)Other retail revenue from contracts with customers includes miscellaneous charges to customers, including reconnection and late fee charges.
(2)Other miscellaneous revenue includes lease and other miscellaneous revenue not accounted for under ASC 606.
The balances of receivables from contracts with customers were $276.1 million and $218.8 million as of March 31, 2024 and December 31, 2023, respectively. Payment terms for all receivables from contracts with customers typically do not extend beyond 30 days, unless a customer qualifies for payment extension.