Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 242

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 242
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 PPAs or short-term energy sales made in accordance with the IIC, as approved by the FERC. Amounts related to these affiliate revenues are eliminated in consolidation for Southern Company. See Note 1 under "Affiliate Transactions" and "Revenues" for additional information. See Notes 9 and 14 for additional information on revenue accounted for under lease and derivative accounting guidance, respectively.The following table disaggregates revenue from contracts with customers for the periods presented:Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas(in millions)2024Operating revenuesRetail electric revenuesResidential$8,276 $3,133 $4,835 $308 $— $— Commercial6,585 2,042 4,219 324 — — Industrial3,892 1,742 1,808 342 — — Other124 13 102 9 — — Total retail electric revenues18,877 6,930 10,964 983 — — Natural gas distribution revenuesResidential1,753 — — — — 1,753 Commercial417 — — — — 417 Transportation1,295 — — — — 1,295 Industrial 34 — — — — 34 Other316 — — — — 316 Total natural gas distribution revenues3,815 — — — — 3,815 Wholesale electric revenuesPPA energy revenues1,059 206 94 4 778 — PPA capacity revenues641 108 136 63 400 — Non-PPA revenues226 139 5 375 230 — Total wholesale electric revenues1,926 453 235 442 1,408 — Other natural gas revenuesGas marketing services507 — — — — 507 Other18 — — — — 18 Total other natural gas revenues525 — — — — 525 Other revenues1,621 240 721 52 37 — Total revenue from contracts with customers26,764 7,623 11,920 1,477 1,445 4,340 Other revenue sources(*)(40)(69)(589)(14)569 116 Total operating revenues$26,724