Discontinued — last reported Q3 '23
Electric Utilities — Revenue
Southern Company Electric Utilities — Revenue decreased by 17.0% to $6.17B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 17.0%, from $7.43B to $6.17B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase typically signals growth in customer demand, successful rate adjustments, or expanded service capacity, while a decrease may indicate lower consumption, regulatory rate pressure, or economic downturns in the service territory.
Detailed definition
This metric represents the total gross income generated from the sale of electricity and related services within the com...
Peer comparison
Comparable to regulated electric utility revenue segments at other major investor-owned utilities, which are typically driven by state-approved rate structures and regional economic activity.
so_segment_electric_utilities_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $4.41B | $5.53B | $4.25B | $4.51B | $6.01B | $7.43B | $6.17B |
| QoQ Change | — | +25.4% | -23.1% | +6.1% | +33.2% | +23.7% | -17.0% |
| YoY Change | — | — | — | — | +36.3% | +34.4% | -17.0% |
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Frequently Asked Questions
- What is Southern Company's electric utilities — revenue?
- Southern Company (SO) reported electric utilities — revenue of $6.17B in Q3 2023.
- How has Southern Company's electric utilities — revenue changed year-over-year?
- Southern Company's electric utilities — revenue decreased by 17.0% year-over-year, from $7.43B to $6.17B.
- What does electric utilities — revenue mean?
- The total revenue earned from providing electricity services to customers within the company's regulated utility segment.