Other

Other regulatory liabilities, deferred

Southern Company Other regulatory liabilities, deferred decreased by 10.0% to $660.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $536.00M to $660.00M. Over 2 years (FY 2020 to FY 2022), Other regulatory liabilities, deferred shows an upward trend with a 70.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2023

How to read this metric

An increase suggests a higher obligation to provide future rate credits or cost offsets to customers.

Detailed definition

These are long-term liabilities arising from regulatory decisions that defer the recognition of certain costs or revenue...

Peer comparison

Standard for regulated utilities; peers will show similar balances depending on their specific regulatory environment.

Metric ID: other_other_regulatory_liabilities_deferred

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$256.00M$351.00M$485.00M$526.00M$536.00M$536.00M$733.00M$660.00M
QoQ Change—+37.1%+38.2%+8.5%+1.9%+0.0%+36.8%-10.0%
YoY Change————+109.4%+52.7%+51.1%+23.1%
Range$256.00M – $733.00M
CAGR+71.8%
Avg YoY Growth+59.1%
Median YoY Growth+51.9%

Frequently Asked Questions

What is Southern Company's other regulatory liabilities, deferred?
Southern Company (SO) reported other regulatory liabilities, deferred of $660.00M in Q3 2023.
How has Southern Company's other regulatory liabilities, deferred changed year-over-year?
Southern Company's other regulatory liabilities, deferred increased by 23.1% year-over-year, from $536.00M to $660.00M.
What is the long-term trend for Southern Company's other regulatory liabilities, deferred?
Over 2 years (2020 to 2022), Southern Company's other regulatory liabilities, deferred has grown at a 70.9% compound annual growth rate (CAGR), from $251.00M to $733.00M.
What does other regulatory liabilities, deferred mean?
Long-term amounts owed to customers or deferred due to regulatory commission orders.