Products & Services · Total operating revenues

Wholesale Electric — Total operating revenues

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.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

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.

Detailed definition

This metric represents the portion of total operating revenues derived from the sale of electricity to wholesale custome...

Peer comparison

Comparable to wholesale power sales or non-regulated generation revenue reported by other large vertically integrated utilities or independent power producers.

Metric ID: so_segment_wholesale_electric_revenues_total_operating_revenues

Historical Data

6 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q3 '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%
Range$546.00M$1.20B
CAGR+25.7%
Avg YoY Growth+32.0%
Median YoY Growth+63.7%

Frequently Asked Questions

What is Southern Company's wholesale electric — total operating revenues?
Southern Company (SO) reported wholesale electric — total operating revenues of $727.00M in Q3 2023.
How has Southern Company's wholesale electric — total operating revenues changed year-over-year?
Southern Company's wholesale electric — total operating revenues decreased by 39.3% year-over-year, from $1.20B to $727.00M.
What does wholesale electric — total operating revenues mean?
The percentage of total revenue generated from selling electricity to other utilities and wholesale buyers rather than directly to retail consumers.