What is Southern Company's wholesale mra — fuel cost recovery?

Southern Company (SO) reported wholesale mra — fuel cost recovery of $9.00M in Q1 2026.

What does wholesale mra — fuel cost recovery mean?

The portion of wholesale revenue that specifically covers the cost of fuel used to generate electricity.

Products & Services · Fuel cost recovery

Wholesale MRA — Fuel cost recovery

Southern Company Wholesale MRA — Fuel cost recovery increased by 50.0% to $9.00M in Q1 2026 compared to the prior quarter.

Analysis

StatementSegment

CategoryProfitability

SignalContext dependent

VolatilityVolatile

First reportedQ4 2025

Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests higher fuel cost pass-through or higher wholesale generation volume, while a decrease may indicate lower fuel prices or reduced wholesale market activity.

Detailed definition

This metric represents the mechanism by which the company recovers fuel-related expenses incurred during the generation...

Peer comparison

Similar to fuel adjustment clauses or pass-through mechanisms found in other vertically integrated utilities and independent power producers.

Metric ID: so_segment_wholesale_mra_fuel_cost_recovery

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$6.00M	$9.00M
QoQ Change	—	+50.0%

Range$6.00M – $9.00M

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Frequently Asked Questions

What is Southern Company's wholesale mra — fuel cost recovery?: Southern Company (SO) reported wholesale mra — fuel cost recovery of $9.00M in Q1 2026.
What does wholesale mra — fuel cost recovery mean?: The portion of wholesale revenue that specifically covers the cost of fuel used to generate electricity.