Southern Company Other Regulatory Liabilities, Current decreased by 57.3% to $163.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 63.0%, from $440.00M to $163.00M. Over 2 years (FY 2020 to FY 2022), Other Regulatory Liabilities, Current shows a downward trend with a -13.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates a higher obligation to return funds to customers, which may signal future rate adjustments.
These are obligations arising from regulatory actions that require the company to refund customers or reduce future rate...
Specific to regulated utilities; peers will show similar items based on state-level regulatory commission rulings.
current_liabilities_other_regulatory_liabilities_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $416.00M | $555.00M | $563.00M | $711.00M | $557.00M | $440.00M | $382.00M | $163.00M |
| QoQ Change | — | +33.4% | +1.4% | +26.3% | -21.7% | -21.0% | -13.2% | -57.3% |
| YoY Change | — | — | — | — | +33.9% | -20.7% | -32.1% | -63.0% |