Other

Regulatory Asset

Southern Company Regulatory Asset decreased by 92.6% to $16.00M in Q3 2023 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ3 2023

How to read this metric

An increase suggests significant capital investment or deferred costs awaiting rate recovery, which may impact future cash flow timing.

Detailed definition

Represents costs incurred by the utility that are expected to be recovered from customers through future rate adjustment...

Peer comparison

Standard for regulated utilities; high levels are typical for companies with large infrastructure investment programs.

Metric ID: other_regulatory_assets

Historical Data

2 periods
 Q4 '22Q3 '23
Value$216.00M$16.00M
QoQ Change-92.6%
Range$16.00M$216.00M

Regulatory Asset at Other Companies

Frequently Asked Questions

What is Southern Company's regulatory asset?
Southern Company (SO) reported regulatory asset of $16.00M in Q3 2023.
What does regulatory asset mean?
Future costs that regulators have allowed the company to collect from customers later.