Electricity Purchased Affiliates — Total cost of sales
Southern Company Electricity Purchased Affiliates — Total cost of sales decreased by 61.3% to $221.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 61.3%, from $571.00M to $221.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate higher reliance on internal generation assets or rising costs within the affiliate supply chain, while a decrease could signal improved internal generation efficiency or a shift in procurement strategy.
Detailed definition
This metric represents the total cost incurred by the utility for electricity purchased from affiliated generation entit...
Peer comparison
Comparable to intercompany power purchase agreements or internal transfer pricing for energy in other vertically integrated utilities.
so_segment_purchased_power_affiliates_total_cost_of_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $149.00M | $288.00M | $286.00M | $206.00M | $323.00M | $571.00M | $221.00M |
| QoQ Change | — | +93.3% | -0.7% | -28.0% | +56.8% | +76.8% | -61.3% |
| YoY Change | — | — | — | — | +116.8% | +98.3% | -61.3% |
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Frequently Asked Questions
- What is Southern Company's electricity purchased affiliates — total cost of sales?
- Southern Company (SO) reported electricity purchased affiliates — total cost of sales of $221.00M in Q3 2023.
- How has Southern Company's electricity purchased affiliates — total cost of sales changed year-over-year?
- Southern Company's electricity purchased affiliates — total cost of sales decreased by 61.3% year-over-year, from $571.00M to $221.00M.
- What does electricity purchased affiliates — total cost of sales mean?
- The total expense paid to internal company affiliates for electricity purchased to supply customers.