Retail Electric Other — Total revenue from contracts with customers
Southern Company Retail Electric Other — Total revenue from contracts with customers increased by 11.1% to $30.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $27.00M to $30.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful diversification or growth in non-regulated business lines, while a decrease may indicate a strategic shift back to core utility operations or reduced demand for ancillary services.
Detailed definition
This metric represents the total revenue generated from the 'Other' business segment, which encompasses activities outsi...
Peer comparison
Peers in the utility sector often report similar 'Other' or 'Non-regulated' revenue segments, though the specific composition varies significantly based on the extent of a company's diversification into energy services or infrastructure projects.
so_segment_other_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $23.00M | $24.00M | $22.00M | $26.00M | $25.00M | $27.00M | $30.00M |
| QoQ Change | — | +4.3% | -8.3% | +18.2% | -3.8% | +8.0% | +11.1% |
| YoY Change | — | — | — | — | +8.7% | +12.5% | +11.1% |
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Frequently Asked Questions
- What is Southern Company's retail electric other — total revenue from contracts with customers?
- Southern Company (SO) reported retail electric other — total revenue from contracts with customers of $30.00M in Q3 2023.
- How has Southern Company's retail electric other — total revenue from contracts with customers changed year-over-year?
- Southern Company's retail electric other — total revenue from contracts with customers increased by 11.1% year-over-year, from $27.00M to $30.00M.
- What does retail electric other — total revenue from contracts with customers mean?
- Total revenue earned from business activities outside of the company's core regulated utility operations.