Allegheny Power 2011 Annual Report Download - page 31

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16
Revenues —
The increase in total revenues resulted from the following sources:
Revenues by Type of Service
Pre-merger companies:
Distribution services
Generation:
Retail
Wholesale
Total generation sales
Transmission
Other
Total pre-merger companies
Allegheny companies
Total Revenues
For the year ended
December 31
2011
(In millions)
$ 3,426
3,266
377
3,643
262
187
7,518
2,486
$ 10,004
2010
$ 3,629
4,457
702
5,159
596
326
9,710
—
$ 9,710
Increase
(Decrease)
$ (203)
(1,191)
(325)
(1,516)
(334)
(139)
(2,192)
2,486
$ 294
The decrease in distribution service revenues for the pre-merger companies (FirstEnergy as it was organized prior to the February
2011 merger with Allegheny) primarily reflects lower transition revenues due to the completion of transition cost recovery by CEI in
December 2010, an NJBPU-approved rate adjustment that became effective March 1, 2011, for all JCP&L customer classes, and
the mid-year suspension of the Ohio Companies' recovery of deferred distribution costs. Partially offsetting the decreased distribution
service revenues were increased rates in Met-Ed's and Penelec's transition riders and energy efficiency riders for the Pennsylvania
and Ohio Companies. Distribution deliveries (excluding the Allegheny companies) increased by 0.1% in 2011 from 2010.The change
in distribution deliveries by customer class is summarized in the following table:
Electric Distribution MWH Deliveries
Pre-merger companies:
Residential
Commercial
Industrial
Other
Total pre-merger companies
Allegheny companies
Total Electric Distribution MWH Deliveries
For the year ended
December 31
2011
39,369
32,610
35,637
513
108,129
33,449
141,578
2010
39,820
33,096
34,613
522
108,051
108,051
Increase
(Decrease)
(1.1)%
(1.5)%
3.0 %
(1.7)%
0.1 %
31.0 %
Lower deliveries to residential and commercial customers primarily reflected decreased weather-related usage resulting from lower
heating degree days (4%) and cooling degree days (7%) in 2011 compared to 2010. In the industrial sector, MWH deliveries
increased to steel and electrical equipment customers by 10% and 12%, respectively, partially offset by decreased deliveries to
automotive customers of 2% in 2011 compared to 2010.