Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 123

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 123
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 of generating resources at each company. These affiliate sales are made in accordance with the IIC, as approved by the FERC. Energy revenues related to these transactions do not have a significant impact on earnings since this energy is generally sold at marginal cost.

Other Revenues

Second Quarter 2025 vs. Second Quarter 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)$2310.7$10225.4

In the second quarter 2025, other revenues were $238 million compared to $215 million for the corresponding period in 2024. The increase was primarily due to increases of $15 million in unregulated sales primarily associated with power delivery construction and maintenance projects and $5 million in outdoor lighting sales.

For year-to-date 2025, other revenues were $503 million compared to $401 million for the corresponding period in 2024. The increase was primarily due to increases of $77 million in unregulated sales primarily associated with power delivery construction and maintenance, energy conservation, and renewables projects, $14 million in regulated sales associated with power delivery construction and maintenance projects, and $9 million in outdoor lighting sales.

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

Fuel and Purchased Power Expenses

Second Quarter 2025 vs.Second Quarter 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)Fuel$35 7.9 %$170 20.5 %Purchased power – non-affiliates29 19.2 49 16.8 Purchased power – affiliates15 8.2 98 27.0 Total fuel and purchased power expenses$79 $317 

In the second quarter 2025, total fuel and purchased power expenses were $853 million compared to $774 million for the corresponding period in 2024. For year-to-date 2025, total fuel and purchased power expenses were $1.8 billion compared to $1.5 billion for the corresponding period in 2024. The increases for the second quarter and year-to-date 2025 were due to net increases of $69 million and $