Southern Company Regulatory assets – asset retirement obligations, deferred decreased by 2.3% to $5.63B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.7%, from $6.52B to $5.63B. Over 2 years (FY 2020 to FY 2022), Regulatory assets – asset retirement obligations, deferred shows an upward trend with a 8.1% CAGR.
An increase indicates higher expected future retirement costs that are recoverable, while a decrease reflects the recovery or adjustment of these costs.
This represents costs associated with future asset retirement obligations that regulators have authorized for recovery t...
Specific to rate-regulated utilities with long-lived infrastructure.
non_current_assets_regulatory_asset_asset_retirement_obligation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $4.93B | $5.42B | $5.47B | $5.68B | $5.98B | $6.52B | $5.76B | $5.63B |
| QoQ Change | — | +9.9% | +0.9% | +4.0% | +5.3% | +9.0% | -11.6% | -2.3% |
| YoY Change | — | — | — | — | +21.3% | +20.3% | +5.5% | -13.7% |