Retail Electric Residential — Total revenue from contracts with customers
Southern Company Retail Electric Residential — Total revenue from contracts with customers increased by 20.9% to $2.54B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $2.10B to $2.54B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests growth in the residential customer base, higher average household energy usage, or successful rate adjustments, while a decrease may indicate economic contraction, energy efficiency improvements, or milder weather conditions.
Detailed definition
This metric represents the total gross revenue generated from the sale of electricity to residential end-users within th...
Peer comparison
This is a standard metric for vertically integrated utilities, comparable to residential retail revenue reported by peers like Duke Energy or NextEra Energy, though it is highly dependent on regional climate and local regulatory rate structures.
so_segment_residential_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $1.47B | $1.97B | $1.30B | $1.53B | $1.66B | $2.10B | $2.54B |
| QoQ Change | — | +34.4% | -34.3% | +17.7% | +8.5% | +27.1% | +20.9% |
| YoY Change | — | — | — | — | +12.7% | +6.6% | +20.9% |
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Frequently Asked Questions
- What is Southern Company's retail electric residential — total revenue from contracts with customers?
- Southern Company (SO) reported retail electric residential — total revenue from contracts with customers of $2.54B in Q3 2023.
- How has Southern Company's retail electric residential — total revenue from contracts with customers changed year-over-year?
- Southern Company's retail electric residential — total revenue from contracts with customers increased by 20.9% year-over-year, from $2.10B to $2.54B.
- What does retail electric residential — total revenue from contracts with customers mean?
- The total amount of money earned from selling electricity to residential households.