Southern Company (The)

Filing receipts

“The increase was primarily due to an increase in energy revenues associated with a $145 million increase related to the average cost per KWH sold primarily resulting from higher fuel and purchased power prices and a $76 million increase related to the volume of KWHs sold resulting from higher demand.”

“First Quarter 2025 (change in millions) (% change) Rates and pricing $ (21) (0.5) % Sales growth 81 1.8 Weather (69) (1.5) Fuel and other cost recovery 48 1.0 Retail electric revenues $ 39 0.8 % Changes in rates and pricing resulted in a decrease in revenues in the first quarter 2026 when compared to the corresponding period in 2025 primarily due to lower contributions from commercial and industrial customers with variable demand-driven pricing at Georgia Power , partially offset by increases in PEP rates at Mississippi Power.”

“The increase was primarily due to increases in retail electric revenues associated with sales growth, higher natural gas revenues associated with base rate increases, higher non-fuel-related wholesale electric revenues, and an increase in AFUDC equity, partially offset by an increase in depreciation and amortization, decreases in retail electrics revenues associated with weather impacts, and an increase in interest expense.”