Welcome to our dedicated page for Southern news (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern stock.
The Southern Company reports news about an energy provider serving 9 million customers through electric operating companies in three states, natural gas distribution companies in four states, Southern Power, PowerSecure, fiber optics and telecommunications services. Recurring updates cover earnings, dividend actions and operating developments across Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.
Company news also includes Georgia Power matters before the Georgia Public Service Commission, including resource planning, capacity procurement, solar resources, transmission and distribution upgrades, grid reliability programs, storm readiness and customer safety communications. PowerSecure updates focus on distributed energy solutions such as utility-scale battery storage, solar generation, backup power and resiliency projects.
Southern Company (NYSE: SO) subsidiary Georgia Power received Georgia PSC approval to lower overall electric rates starting next month. Typical residential customers using 1,000 kWh/month are expected to save about $50 per year ($4.04 per month).
Total annual savings for all customers are estimated at $285 million. Georgia Power cites growth from large-load customers as helping spread fixed costs and notes a commitment to $102 in annual savings for typical residential customers beginning in 2029.
Georgia Power, the largest electric subsidiary of Southern Company (NYSE: SO), elected Beth Lowry to its board of directors. Lowry is president and CEO of Holder Construction, a $10 billion national contractor specializing in data centers and major commercial projects.
She brings three decades of construction leadership, wide nonprofit board experience, and strong community and workforce development involvement. Georgia Power serves 2.8 million customers across most Georgia counties with a diverse generation mix including nuclear, fossil fuels and renewables.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), is promoting free and low-cost tools to help customers reduce summer energy use, including My Power Usage, Threshold Alerts and the income-qualified EASE Program offering free home efficiency upgrades.
A stipulated agreement with Georgia PSC Public Interest Advocacy staff, if approved, is expected to cut a typical 1,000 kWh residential bill by $4.04 per month starting June, and growth in large-load customers has enabled a commitment to provide $102 in annual savings for a typical residential customer beginning in 2029.
Georgia Natural Gas (NYSE:SO) announced its Greener Life program has surpassed 1 billion pounds of carbon emissions offset since launch in 2019. This is estimated as equal to recycling over 20,000 garbage truckloads of waste, supported by 100,000+ Georgia customers and Green‑e certified projects.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), reached a stipulated agreement with Georgia PSC Public Interest Advocacy Staff covering fuel and storm cost recovery.
If approved later this month, a typical residential customer using 1,000 kWh is expected to save $4.04 per month, or nearly $50 per year, starting in June, reflecting about $285 million in annual customer savings. Savings result from a longer recovery period and use of additional production tax credits. Georgia Power also cites customer growth as supporting prior commitments, including expected annual savings of $102 per year for a typical customer beginning in 2029.
Southern Company (NYSE:SO) expressed condolences on the passing of Ted Turner on May 6, 2026. Chairman, President and CEO Chris Womack remembered Turner as a visionary media pioneer and environmental advocate who partnered with Southern Company on early utility-scale solar projects, including Cimarron Solar, Campo Verde Solar and Morelos del Sol Solar.
The statement highlights Turner's role in advancing Southern Company's first utility-scale solar operations and applauds his legacy in media, conservation and renewable energy collaboration.
Georgia Power (NYSE: SO) urges customers to prepare for spring and summer storms on May 6, 2026, offering safety tips and tools to stay informed during outages.
Key resources include Outage Alerts, the Outage & Storm Center, an interactive Outage Map, a mobile app, and social media updates.
Southern Company (NYSE:SO) reported Q1 2026 net income of $1.4 billion, or $1.21 per share, versus $1.3 billion, or $1.21 per share, in Q1 2025. Net income excluding items was $1.5 billion, or $1.32 per share. Operating revenues were $8.4 billion, up 8.0% year-over-year.
The quarter included a higher accelerated depreciation from repowering adjustment and increased interest expense; management will discuss results on a live webcast at 1 p.m. ET.
Georgia Power (NYSE: SO) filed with the Georgia Public Service Commission to issue a 2032–2033 All-Source RFP seeking to procure 2,000–6,000 MW of new dispatchable capacity, including thermal, storage, and renewables. The company plans to issue the RFP in Q2 2026 and submit selected projects for certification in mid-2027. Separately, Georgia Power requested certification of ~385 MW of supplemental solar under the CARES 2023 program. The company reports 32 large-load customers committed to ~15,600 MW, with 21 projects under construction, and cites a base-rate freeze enabling a $102 annual residential saving beginning 2029.
Southern Company (NYSE: SO) announced a quarterly dividend of $0.76 per share, payable June 8, 2026, to shareholders of record on May 18, 2026.
The company increased its annualized dividend by to $3.04 per share, marking the 25th consecutive year of dividend increases and continuing a 79-year streak of non-declining quarterly payouts.