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PCG » Topics » Unbilled Revenues

These excerpts taken from the PCG 8-K filed Oct 28, 2005.

Unbilled Revenues

 

The Utility records revenue as electricity and natural gas are delivered. A portion of the revenue recognized has not yet been billed. Unbilled revenues are determined by factoring an estimate of the electricity and natural gas load delivered with recent historical usage and rate patterns. At December 31, 2004, the Utility had recorded approximately $550 million in unbilled revenues.

 

Unbilled Revenues

 

The Utility records revenue as electricity and natural gas are delivered.  A portion of the revenue recognized has not yet been billed.  Unbilled revenues are determined by factoring an estimate of the electricity and natural gas load delivered with recent historical usage and rate patterns.  At March 31, 2005, the Utility had recorded approximately $500 million in unbilled revenues.

 

This excerpt taken from the PCG 10-K filed Feb 18, 2005.

Unbilled Revenues

        The Utility records revenue as electricity and natural gas are delivered. A portion of the revenue recognized has not yet been billed. Unbilled revenues are determined by factoring an estimate of the electricity and natural gas load delivered with recent historical usage and rate patterns. At December 31, 2004, the Utility had recorded approximately $550 million in unbilled revenues.

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Oct 28, 2005
10-K
Feb 18, 2005

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