Fuel and purchased power — Total cost of sales
Southern Company Fuel and purchased power — Total cost of sales decreased by 35.5% to $169.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 35.5%, from $262.00M to $169.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests rising commodity prices or higher energy demand, which may pressure margins if not fully recoverable through regulatory mechanisms; a decrease indicates lower input costs or improved generation efficiency.
Detailed definition
This metric represents the aggregate expenditure incurred by a utility company for the procurement of fuel sources, such...
Peer comparison
This is a standard line item for all vertically integrated utilities, though the specific mix of fuel types and the presence of fuel adjustment clauses in regulatory agreements will vary by peer.
so_segment_fuel_and_purchased_power_total_cost_of_salesHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $102.00M | $145.00M | $132.00M | $207.00M | $262.00M | $169.00M |
| QoQ Change | — | +42.2% | -9.0% | +56.8% | +26.6% | -35.5% |
| YoY Change | — | — | — | +102.9% | +80.7% | -35.5% |
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Frequently Asked Questions
- What is Southern Company's fuel and purchased power — total cost of sales?
- Southern Company (SO) reported fuel and purchased power — total cost of sales of $169.00M in Q3 2023.
- How has Southern Company's fuel and purchased power — total cost of sales changed year-over-year?
- Southern Company's fuel and purchased power — total cost of sales decreased by 35.5% year-over-year, from $262.00M to $169.00M.
- What does fuel and purchased power — total cost of sales mean?
- The total amount spent by the utility to acquire the fuel and electricity needed to serve its customers.