Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 313

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 313
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 corresponding period in 2024. For year-to-date 2025, cost of natural gas was $929 million compared to $754 million for the corresponding period in 2024. The increases reflect higher gas cost recovery as a result of increases of 81.6% and 71.5% in natural gas prices in the second quarter and year-to-date 2025, respectively.

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    Table of Contents                                Index to Financial StatementsMANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS (Continued)

The following table details the volumes of natural gas sold during all periods presented:

Second QuarterYear-to-Date202520242025 vs. 2024202520242025 vs. 2024Gas distribution operations (mmBtu in millions)Firm102 95 7.4 %403 361 11.6 %Interruptible20 22 (9.1)43 47 (8.5)Total122 117 4.3 %446 408 9.3 %Gas marketing services (mmBtu in millions)Firm:Georgia4 5 (20.0)%22 22 — %Illinois— 1 (100.0)3 3 — Other4 2 100.0 12 9 33.3 Interruptible large commercial and industrial3 4 (25.0)7 8 (12.5)Total11 12 (8.3)%44 42 4.8 %

Other Operations and Maintenance Expenses

Second Quarter 2025 vs. Second Quarter 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)$134.5$366.2

In the second quarter 2025, other operations and maintenance expenses were $301 million compared to $288 million for the corresponding period in 2024. For year-to-date 2025, other operations and maintenance expenses were $617 million compared to $581 million for the corresponding period in 2024. The increases for the second quarter and year-to-date 2025 were primarily due to increases of $15 million and $32 million, respectively, in employee compensation and benefit expenses and $8 million and $20 million, respectively, in expenses passed through to customers primarily