Wholesale Electric Non PPA Revenues — Total revenue from contracts with customers
Southern Company Wholesale Electric Non PPA Revenues — Total revenue from contracts with customers decreased by 54.8% to $137.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 54.8%, from $303.00M to $137.00M.
Analysis
How to read this metric
An increase suggests higher exposure to merchant power market volatility and potentially higher margins during periods of peak demand or supply constraints. A decrease indicates a shift toward more stable, contracted revenue models or reduced merchant market activity.
Detailed definition
This metric represents revenue generated from wholesale electricity sales that are not governed by long-term Power Purch...
Peer comparison
Comparable to merchant power revenue or non-contracted wholesale sales reported by other large-scale utility and independent power producers.
so_segment_non_ppa_revenues_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $78.00M | $134.00M | $101.00M | $102.00M | $196.00M | $303.00M | $137.00M |
| QoQ Change | — | +71.8% | -24.6% | +1.0% | +92.2% | +54.6% | -54.8% |
| YoY Change | — | — | — | — | +151.3% | +126.1% | -54.8% |
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Frequently Asked Questions
- What is Southern Company's wholesale electric non ppa revenues — total revenue from contracts with customers?
- Southern Company (SO) reported wholesale electric non ppa revenues — total revenue from contracts with customers of $137.00M in Q3 2023.
- How has Southern Company's wholesale electric non ppa revenues — total revenue from contracts with customers changed year-over-year?
- Southern Company's wholesale electric non ppa revenues — total revenue from contracts with customers decreased by 54.8% year-over-year, from $303.00M to $137.00M.
- What does wholesale electric non ppa revenues — total revenue from contracts with customers mean?
- Revenue from wholesale electricity sales that are not tied to long-term fixed-price contracts.