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Fuel — Total cost of sales

Southern Company Fuel — Total cost of sales increased by 15.4% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $1.29B to $1.49B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase typically signals rising commodity prices or higher generation demand, while a decrease may indicate lower fuel costs, improved generation efficiency, or a shift toward lower-cost energy sources.

Detailed definition

This metric represents the total direct expenditure incurred by the utility segment for the procurement of fuel sources...

Peer comparison

Comparable to fuel expense line items reported by other vertically integrated electric utilities, though variations exist based on the specific fuel mix and the ability to pass costs through to ratepayers via fuel adjustment clauses.

Metric ID: so_segment_fuel_total_cost_of_sales

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$848M$1.23B$1.08B$1.11B$1.72B$2.42B$1.37B$1.29B$1.49B
QoQ Change+45.5%-12.5%+2.9%+54.4%+41.3%-43.6%-5.5%+15.4%
YoY Change+102.2%+96.4%-43.6%+15.4%
Range$848M$2.42B
CAGR+32.6%
Avg YoY Growth+42.6%
Median YoY Growth+55.9%

Frequently Asked Questions

What is Southern Company's fuel — total cost of sales?
Southern Company (SO) reported fuel — total cost of sales of $1.49B in Q1 2026.
How has Southern Company's fuel — total cost of sales changed year-over-year?
Southern Company's fuel — total cost of sales increased by 15.4% year-over-year, from $1.29B to $1.49B.
What does fuel — total cost of sales mean?
The total cost incurred by the company to purchase the fuel required to generate electricity.