Southern Company Wholesale Electric — Total operating revenues decreased by 39.3% to $727.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 39.3%, from $1.20B to $727.00M.
An increase suggests higher utilization of generation assets or favorable market pricing for wholesale power, while a decrease may indicate reduced demand from wholesale partners or a strategic shift toward retail-focused operations.
This metric represents the portion of total operating revenues derived from the sale of electricity to wholesale custome...
Comparable to wholesale power sales or non-regulated generation revenue reported by other large vertically integrated utilities or independent power producers.
so_segment_wholesale_electric_revenues_total_operating_revenues| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $546.00M | $731.00M | $664.00M | $937.00M | $1.20B | $727.00M |
| QoQ Change | — | +33.9% | -9.2% | +41.1% | +27.7% | -39.3% |
| YoY Change | — | — | — | +71.6% | +63.7% | -39.3% |