Retail Electric Commercial — Total revenue from contracts with customers
Southern Company Retail Electric Commercial — Total revenue from contracts with customers increased by 12.7% to $1.85B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.7%, from $1.64B to $1.85B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher commercial economic activity or increased energy usage by business customers, while a decrease may indicate economic slowdown or improved energy efficiency measures within the commercial sector.
Detailed definition
This metric represents the total revenue generated from the sale of electricity to commercial customers, including busin...
Peer comparison
Most vertically integrated utilities report commercial revenue as a distinct category, making it highly comparable across the sector based on regional economic health and customer mix.
so_segment_commercial_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $1.18B | $1.43B | $1.15B | $1.18B | $1.39B | $1.64B | $1.85B |
| QoQ Change | — | +21.8% | -19.6% | +2.3% | +17.7% | +18.0% | +12.7% |
| YoY Change | — | — | — | — | +17.9% | +14.3% | +12.7% |
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Frequently Asked Questions
- What is Southern Company's retail electric commercial — total revenue from contracts with customers?
- Southern Company (SO) reported retail electric commercial — total revenue from contracts with customers of $1.85B in Q3 2023.
- How has Southern Company's retail electric commercial — total revenue from contracts with customers changed year-over-year?
- Southern Company's retail electric commercial — total revenue from contracts with customers increased by 12.7% year-over-year, from $1.64B to $1.85B.
- What does retail electric commercial — total revenue from contracts with customers mean?
- The total amount of money earned from selling electricity to commercial business customers.