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Revenue (Notes)
 6 Months Ended
Jun. 30, 2025
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 14, “Revenue” to IPALCO’s 2024 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 June 30,Six Months Ended June 30,
2025202420252024
Revenue from contracts with customers$431,952 $390,717 $903,246 $791,934 

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,
2025202420252024
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$163,268 $158,899 $382,983 $339,868 
          Small commercial and industrial63,218 61,031 137,470 123,745 
          Large commercial and industrial167,066 156,008 320,980 293,528 
          Public lighting2,614 2,197 5,291 5,023 
          Other (1)
2,462 2,812 5,912 4,991 
                    Total retail revenue from contracts with customers398,628 380,947 852,636 767,155 
     Alternative revenue programs5,827 6,269 11,353 11,975 
Wholesale Revenue
     Wholesale revenue from contracts with customers:30,332 6,698 45,515 19,320 
Miscellaneous Revenue
          Capacity revenue581 — 845 — 
          Transmission and other revenue2,411 3,072 4,250 5,459 
               Total miscellaneous revenue from contracts with customers2,992 3,072 5,095 5,459 
     Other miscellaneous revenue (2)
905 608 1,785 1,486 
Total Revenue$438,684 $397,594 $916,384 $805,395 
(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, 2025December 31, 2024
Receivables from contracts with customers
$287,796 $298,984 

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.