Southern Company Wholesale Affiliates — Total revenue from contracts with customers decreased by 53.6% to $156.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 53.6%, from $336.00M to $156.00M.
An increase suggests higher internal demand or expanded intercompany energy trading, while a decrease may indicate reduced internal reliance on the parent company's generation assets.
This metric represents the total revenue recognized from contracts with customers specifically generated through wholesa...
Similar to intercompany sales or affiliate revenue reported by other vertically integrated utilities with diverse generation and distribution subsidiaries.
so_segment_wholesale_revenues_affiliates_total_revenue_from_contracts_with_customers| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $112.00M | $167.00M | $155.00M | $105.00M | $232.00M | $336.00M | $156.00M |
| QoQ Change | — | +49.1% | -7.2% | -32.3% | +121.0% | +44.8% | -53.6% |
| YoY Change | — | — | — | — | +107.1% | +101.2% | -53.6% |