Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 109

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 109
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 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)$29721.4$44515.6

In the second quarter 2025, other operations and maintenance expenses were $1.7 billion compared to $1.4 billion for the corresponding period in 2024. The increase was primarily due to a $114 million gain from the sale of integrated transmission system assets at Georgia Power recorded in the second quarter 2024, an increase of $61 million in generation expenses primarily resulting from planned outages, an increase of $22 million in technology infrastructure and application production costs, a $21 million credit at Georgia Power related to the estimated loss on Plant Vogtle Units 3 and 4 recorded in the second quarter 2024, an increase of $17 million in transmission and distribution expenses at the traditional electric operating companies primarily due to line maintenance costs, an increase of $15 million in employee compensation and benefit expenses at Southern Company Gas, and a $12 million increase in certain employee compensation and benefit expenses at the traditional electric operating companies.

For year-to-date 2025, other operations and maintenance expenses were $3.3 billion compared to $2.9 billion for the corresponding period in 2024. The increase was primarily due to an increase of $134 million in generation expenses primarily resulting from planned outages, primarily at Alabama Power, and non-outage maintenance expenses, primarily at Georgia Power and Southern Power, a $114 million gain from the sale of integrated transmission system assets at Georgia Power recorded in the second quarter 2024, an increase of $34 million in certain employee compensation and benefit expenses at the traditional electric operating companies, an increase of $32 million in 

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

technology infrastructure and application production costs, an increase of $32 million in employee compensation and benefit expenses at Southern Company Gas, an increase of $21 million in transmission and distribution expenses at the traditional electric operating companies primarily due to line maintenance costs, and a $21 million credit related to the estimated loss on Plant Vogtle Units 3 and 4 recorded in the second quarter 2024 at Georgia Power.

See Note 2 to the financial statements under "Georgia Power" in Item 8 of the Form 10