Southern Company Retail — Total operating revenues decreased by 13.8% to $5.14B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.8%, from $5.96B to $5.14B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this metric indicates expanding utility operations or effective cost-recovery mechanisms, whereas a decline may signal reduced load or regulatory challenges.
This metric captures the total operating revenue attributed to the retail electric segment, encompassing all income stre...
Standard across the utility sector as 'Segment Operating Revenue' for regulated electric utility divisions.
so_segment_retail_electric_revenues_total_operating_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $3.60B | $4.55B | $3.36B | $3.61B | $4.79B | $5.96B | $5.14B |
| QoQ Change | — | +26.5% | -26.2% | +7.5% | +32.5% | +24.5% | -13.8% |
| YoY Change | — | — | — | — | +33.1% | +31.0% | -13.8% |