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Revenue (Notes)
 6 Months Ended
Jun. 30, 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 as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Revenue from contracts with customers$390,717 $388,189 $791,934 $871,070 

The following table presents our revenue from contracts with customers and other revenue (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$158,899 $148,641 $339,868 $353,389 
          Small commercial and industrial61,031 57,657 123,745 127,536 
          Large commercial and industrial156,008 161,217 293,528 332,195 
          Public lighting2,197 2,470 5,023 5,084 
          Other (1)
2,812 4,376 4,991 9,033 
                    Total retail revenue from contracts with customers380,947 374,361 767,155 827,237 
     Alternative revenue programs6,269 7,537 11,975 15,276 
Wholesale Revenue
     Wholesale revenue from contracts with customers:6,698 9,444 19,320 33,695 
Miscellaneous Revenue
          Capacity revenue— 3,307 — 8,155 
          Transmission and other revenue3,072 1,077 5,459 1,983 
               Total miscellaneous revenue from contracts with customers3,072 4,384 5,459 10,138 
     Other miscellaneous revenue (2)
608 581 1,486 1,347 
Total Revenue$397,594 $396,307 $805,395 $887,693 
(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 as follows (in thousands):

June 30, 2024December 31, 2023
Revenue from contracts with customers$278,926 $218,822 

Payment terms for all receivables from contracts with customers typically do not extend beyond 30 days, unless a customer qualifies for payment extension.