Southern Company Other Regulatory Assets Deferred decreased by 4.3% to $5.67B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $6.12B to $5.67B. Over 2 years (FY 2020 to FY 2022), Other Regulatory Assets Deferred shows a downward trend with a -9.3% CAGR.
An increase indicates deferred costs awaiting rate recovery, while a decrease suggests the realization of those recoveries.
These are costs that would typically be expensed but are deferred as assets because regulators have provided reasonable...
Standard for all rate-regulated utilities operating under cost-of-service models.
non_current_assets_other_regulatory_assets_deferred| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $7.09B | $6.90B | $5.58B | $5.37B | $5.45B | $6.12B | $5.92B | $5.67B |
| QoQ Change | — | -2.7% | -19.2% | -3.7% | +1.4% | +12.4% | -3.3% | -4.3% |
| YoY Change | — | — | — | — | -23.2% | -11.3% | +6.1% | -7.4% |