Retail Electric Industrial — Total revenue from contracts with customers
Southern Company Retail Electric Industrial — Total revenue from contracts with customers decreased by 5.7% to $1.12B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 5.7%, from $1.18B to $1.12B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests rising industrial production or expansion in the company's service area, while a decrease may signal economic contraction or reduced manufacturing activity among large-scale energy users.
Detailed definition
This metric represents the total gross revenue generated from the sale of electricity to industrial customers within the...
Peer comparison
Peers in the regulated utility sector report this as 'Industrial Revenue' or 'Large Commercial and Industrial Sales,' which is generally compared against regional manufacturing indices and GDP growth.
so_segment_industrial_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $728.00M | $902.00M | $769.00M | $727.00M | $1.01B | $1.18B | $1.12B |
| QoQ Change | — | +23.9% | -14.7% | -5.5% | +38.2% | +17.7% | -5.7% |
| YoY Change | — | — | — | — | +38.0% | +31.2% | -5.7% |
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Frequently Asked Questions
- What is Southern Company's retail electric industrial — total revenue from contracts with customers?
- Southern Company (SO) reported retail electric industrial — total revenue from contracts with customers of $1.12B in Q3 2023.
- How has Southern Company's retail electric industrial — total revenue from contracts with customers changed year-over-year?
- Southern Company's retail electric industrial — total revenue from contracts with customers decreased by 5.7% year-over-year, from $1.18B to $1.12B.
- What does retail electric industrial — total revenue from contracts with customers mean?
- The total amount of money earned from providing electricity services to industrial and manufacturing business customers.