Wholesale Electric PPA Energy Revenues — Total revenue from contracts with customers
Southern Company Wholesale Electric PPA Energy Revenues — Total revenue from contracts with customers decreased by 61.0% to $317.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 61.0%, from $812.00M to $317.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher contracted capacity utilization or favorable pricing terms in long-term wholesale agreements, while a decrease may indicate contract expirations or reduced demand from wholesale customers.
Detailed definition
This metric represents the total revenue generated from the sale of electricity under long-term Power Purchase Agreement...
Peer comparison
Comparable to wholesale power revenue or merchant generation revenue reported by other large-scale utility holding companies with independent power producer subsidiaries.
so_segment_ppa_energy_revenues_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $209.00M | $359.00M | $342.00M | $342.00M | $585.00M | $812.00M | $317.00M |
| QoQ Change | — | +71.8% | -4.7% | +0.0% | +71.1% | +38.8% | -61.0% |
| YoY Change | — | — | — | — | +179.9% | +126.2% | -61.0% |
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Frequently Asked Questions
- What is Southern Company's wholesale electric ppa energy revenues — total revenue from contracts with customers?
- Southern Company (SO) reported wholesale electric ppa energy revenues — total revenue from contracts with customers of $317.00M in Q3 2023.
- How has Southern Company's wholesale electric ppa energy revenues — total revenue from contracts with customers changed year-over-year?
- Southern Company's wholesale electric ppa energy revenues — total revenue from contracts with customers decreased by 61.0% year-over-year, from $812.00M to $317.00M.
- What does wholesale electric ppa energy revenues — total revenue from contracts with customers mean?
- Revenue earned from selling electricity to other parties through long-term supply contracts.