Products & Services · Total revenue from contracts with customers
Retail Electric — Total revenue from contracts with customers
Southern Company Retail Electric — Total revenue from contracts with customers increased by 11.8% to $5.53B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $4.95B to $5.53B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
An increase suggests higher customer demand or successful rate adjustments, while a decrease may indicate lower consumption or regulatory pressure on pricing.
Detailed definition
This metric represents the total revenue recognized from the sale of electricity to end-use retail customers under speci...
Peer comparison
Commonly reported by vertically integrated utilities as 'Retail Electric Sales' or 'Residential/Commercial/Industrial Revenue'.
Metric ID:
so_segment_retail_electric_revenues_total_revenue_from_contracts_with_customersHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $3.40B | $4.33B | $3.24B | $3.46B | $4.07B | $4.95B | $5.53B |
| QoQ Change | — | +27.6% | -25.2% | +6.7% | +17.8% | +21.6% | +11.8% |
| YoY Change | — | — | — | — | +19.9% | +14.3% | +11.8% |
Range$3.24B – $5.53B
CAGR+38.5%
Avg YoY Growth+15.3%
Median YoY Growth+14.3%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Southern Company's retail electric — total revenue from contracts with customers?
- Southern Company (SO) reported retail electric — total revenue from contracts with customers of $5.53B in Q3 2023.
- How has Southern Company's retail electric — total revenue from contracts with customers changed year-over-year?
- Southern Company's retail electric — total revenue from contracts with customers increased by 11.8% year-over-year, from $4.95B to $5.53B.
- What does retail electric — total revenue from contracts with customers mean?
- Total income earned from selling electricity directly to retail customers under service agreements.