Wholesale Non Affiliates — Total operating revenues
Southern Company Wholesale Non Affiliates — Total operating revenues decreased by 42.6% to $479.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 42.6%, from $835.00M to $479.00M.
Analysis
How to read this metric
An increase suggests successful utilization of surplus generation capacity or favorable market conditions in wholesale power trading, while a decrease may indicate reduced market demand or a strategic shift toward prioritizing retail load service.
Detailed definition
This metric represents the portion of total operating revenues derived from the sale of electricity to third-party whole...
Peer comparison
Peers with significant merchant generation or wholesale power marketing arms typically report this as a distinct revenue stream, whereas purely retail-focused utilities may have negligible exposure to this metric.
so_segment_wholesale_revenues_non_affiliates_total_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $546.00M | $731.00M | $633.00M | $426.00M | $658.00M | $835.00M | $479.00M |
| QoQ Change | — | +33.9% | -13.4% | -32.7% | +54.5% | +26.9% | -42.6% |
| YoY Change | — | — | — | — | +20.5% | +14.2% | -42.6% |
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Frequently Asked Questions
- What is Southern Company's wholesale non affiliates — total operating revenues?
- Southern Company (SO) reported wholesale non affiliates — total operating revenues of $479.00M in Q3 2023.
- How has Southern Company's wholesale non affiliates — total operating revenues changed year-over-year?
- Southern Company's wholesale non affiliates — total operating revenues decreased by 42.6% year-over-year, from $835.00M to $479.00M.
- What does wholesale non affiliates — total operating revenues mean?
- The percentage of total revenue generated from selling electricity to non-affiliated wholesale customers.