I'm thinking the photo in the OP shows a coupling just above the strut at the top of the elbow. The conduit appears to get darker and a little larger in diameter there. Hard to tell because of the shadows from the eave. But the elbow itself looks less shiny than the straight sections, which would be consistent with a factory elbow, which would imply a coupling at each end of the elbow.
PG&E Greenbook 4.6.1 says "Applicants must ensure that unbraced periscopes projecting above roofs or eaves are continuous without couplings from the point where the utility service drop is attached to the periscope to 30 inches below the roof or eave." So a coupling there would violate the above requirement. [Which requirement, BTW, has the side effect of requiring that the horizontal run on the building be at least 30" below the roof or eave.]
Also, that section requires an unbraced periscope to be a minimum size of 1-1/4" GRC or IMC, or 2" Aluminum Rigid. It further says that if the periscope requires bracing, guys are not permitted, rigid braces are required.
Cheers, Wayne