Skip to content
Products & Services · Contract Assets

Unregulated Distributed Generation — Contract Assets

Southern Company Unregulated Distributed Generation — Contract Assets increased by 9.5% to $69M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests robust project execution and growth in the distributed generation pipeline, while a decrease may indicate project completion or slower billing cycles.

Detailed definition

This metric represents the recognized value of long-term service or construction contracts within the unregulated distri...

Peer comparison

Comparable to unbilled receivables or contract assets in other energy infrastructure and renewable energy service companies.

Metric ID: so_segment_unregulated_distributed_generation_contract_assets

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$60M$55M$50M$47M$63M$59M$65M$75M$63M$69M
QoQ Change-8.3%-9.1%-6.0%+34.0%-6.3%+10.2%+15.4%-16.0%+9.5%
YoY Change+5.0%+7.3%+30.0%+27.1%
Range$47M$75M
CAGR+6.4%
Avg YoY Growth+17.3%
Median YoY Growth+17.2%

Frequently Asked Questions

What is Southern Company's unregulated distributed generation — contract assets?
Southern Company (SO) reported unregulated distributed generation — contract assets of $69M in Q1 2026.
What does unregulated distributed generation — contract assets mean?
The value of work completed on unregulated distributed energy projects that has been earned but not yet billed to customers.