v3.26.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Components of Operating Revenues
The components of operating revenues for the periods were:
Three Months Ended March 31,
20262025
Electricity sales and ancillary services, ISO/RTO$1,336 $582 
Capacity revenues207 49 
Physical electricity sales, bilateral contracts, other25 23 
Total revenue from contracts with customers1,568 654 
Realized and unrealized gain (loss) on derivative instruments(439)(268)
Other revenue— 4 
Operating revenues$1,129 $390 
Schedule of Accounts Receivable
“Accounts receivable” presented on the Consolidated Balance Sheets were:
March 31,
2026		December 31,
2025
Customer accounts receivable$109 $160 
Other accounts receivable49 36 
Accounts receivable$158 $196 
Schedule of Future Performance Obligations
As of March 31, 2026, future performance obligations that were unsatisfied or partially unsatisfied were:
2026 (a)
2027
2028 (b)
2029 (b)
2030 (b)
Future performance obligations$762 $1,060 $443 $— $— 
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(a)Estimated for the period from April 1 through December 31, 2026.
(b)As PJM BRAs have not yet occurred for periods after the 2027/2028 PJM Capacity Year, there are no future performance obligations after May 31, 2028.