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Revenue (Notes)
 9 Months Ended
Sep. 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 was as follows (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Revenue from contracts with customers$441,973 $393,940 $1,233,907 $1,265,010 

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

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$183,757 $162,531 $523,625 $515,920 
          Small commercial and industrial66,786 58,777 190,531 186,313 
          Large commercial and industrial170,657 156,995 464,185 489,190 
          Public lighting3,009 2,369 8,032 7,453 
          Other (1)
3,585 4,253 8,576 13,286 
                    Total retail revenue from contracts with customers427,794 384,925 1,194,949 1,212,162 
     Alternative revenue programs6,482 7,877 18,457 23,153 
Wholesale Revenue
     Wholesale revenue from contracts with customers:10,183 7,794 29,503 41,489 
Miscellaneous Revenue
          Capacity revenue97 — 97 8,155 
          Transmission and other revenue3,898 1,221 9,357 3,204 
               Total miscellaneous revenue from contracts with customers3,995 1,221 9,454 11,359 
     Other miscellaneous revenue (2)
717 1,070 2,203 2,417 
Total Revenue$449,171 $402,887 $1,254,566 $1,290,580 
(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):

September 30, 2024December 31, 2023
Revenue from contracts with customers$300,681 $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. AES Indiana temporarily paused customer disconnections and certain collection efforts and write-off processes to support the implementation of AES Indiana's customer billing system upgrade in the fourth quarter of 2023. In the third quarter of 2024, AES Indiana began offering extended payment
plans for customers who may need assistance in paying their past due bills. See Note 1, “Overview and Summary of Significant Accounting Policies – Accounts Receivable and Allowance for Credit Losses” for further information on AES Indiana’s receivable balances.