Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 358

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 358
---
millions)(% change)(change in millions)(% change)$——$6822.8

For year-to-date 2025, cost of other sales was $366 million compared to $298 million for the corresponding period in 2024. The increase was primarily due to increases of $43 million at PowerSecure primarily related to distributed infrastructure projects and $36 million at Georgia Power primarily associated with unregulated power delivery construction and maintenance projects, partially offset by an $11 million decrease at Southern Company Gas related to energy services contracts.

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)$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 

101

    Table of Contents                                Index to Financial