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The Southern Company (NYSE: SO) is a prominent American gas and electric utility holding company headquartered in Atlanta, Georgia, with executive offices in Birmingham, Alabama. As of 2021, it ranks as the second-largest utility company in the U.S. by customer base, serving around 9 million customers. The company's operational footprint spans vertically integrated electric utilities in Georgia, Alabama, and Mississippi, and natural gas distribution utilities in four states. This robust infrastructure includes 50 gigawatts of rate-regulated generating capacity, primarily designated for customer service in these states. Moreover, its subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy facilities across the U.S., selling electricity primarily through long-term contracts.
Southern Company’s commitment to innovation is highlighted by several recent initiatives. Notably, it reported significant financial achievements for 2023, with fourth-quarter earnings of $855 million, or 78 cents per share, compared to a loss in the same period in 2022. The company also completed Plant Vogtle Unit 3, the first new nuclear unit in the U.S. in over three decades, and recently announced that Plant Vogtle Unit 4 has achieved commercial operation, solidifying its position as a leader in clean energy production.
In terms of sustainability, Southern Company is heavily investing in renewable energy projects. The South Cheyenne Solar Facility in Wyoming, the company's 30th solar facility, recently became operational, adding to Southern Power's solar portfolio, which now exceeds 2,740 MW. The company also envisions a significant expansion of its solar and renewable capacity, aiming to reach approximately 20,000 MW by 2030 as part of its net zero greenhouse gas emissions goal by 2050.
Southern Company is also deeply involved in innovative community projects. For instance, Nicor Gas, a subsidiary of Southern Company Gas, recently launched Smart Neighborhoods™ in Aurora, Illinois, emphasizing affordable net-zero energy communities. Furthermore, the company has partnered with WeaveGrid to promote electric vehicle (EV) adoption by introducing programs that simplify home charging and offer utility incentives in Alabama and Georgia.
The company's dedication to community and diversity extends to initiatives like the UNDERRATED Golf Tour, aiming to provide opportunities to aspiring golfers from underrepresented backgrounds. Southern Company’s commitment to integrity, excellence, and respect is mirrored in its partnership with this tour, underlining its broader mission to foster inclusion within the communities it serves.
Southern Company’s corporate culture and hiring practices have earned national recognition from Forbes, The Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, and the Human Rights Campaign, showcasing the company's focus on excellence and innovation. Through ongoing investments in clean energy, smart technologies, and community development, Southern Company continues to transform energy into economic, environmental, and social progress for a sustainable future.
Georgia Power, Southern Company's (NYSE: SO) largest electric subsidiary, is preparing for Winter Storm Enzo's sub-freezing temperatures across Georgia. The company has shared essential resources and tips to help customers manage energy consumption and stay safe during severe weather conditions.
The company recommends several energy-saving measures: maintaining heating systems (which account for 50% of winter energy usage), ensuring proper insulation (saving up to 10% on energy usage), setting thermostats to 68 degrees or lower (each degree reduction saves 3-4% in energy consumption), and utilizing natural heat through window management.
Georgia Power has established multiple communication channels for customers during severe weather, including Outage Alerts, an Outage & Storm Center, an interactive Outage Map, and their mobile app. The company serves 2.7 million customers across 155 Georgia counties with a diverse energy generation mix including nuclear, coal, natural gas, and renewables.
Southern Company (SO) has announced it will release its Q4 2024 earnings report on February 20, 2025, before market open at 7:30 a.m. EST. Following the release, CEO Christopher C. Womack and CFO Daniel S. Tucker will host a conference call at 1 p.m. EST to discuss the results with financial analysts.
The company will provide public access to the conference call through a live webcast available on their investor relations website. A replay of the webcast will remain accessible on the same platform for 12 months following the event.
PowerSecure, a Southern Company subsidiary, announced a collaboration with Edged Energy to provide critical electrical and mechanical systems for data centers, marking the opening of Edged's first North American facility in Atlanta. The partnership, spanning six years, introduces innovative sustainable data center solutions.
The Atlanta Campus features PowerSecure PowerBlocks with EPA-certified Tier 4 Final ultra-low emissions backup generation, autonomous frequency control, and a 24.9 kV medium voltage distribution system. The facility is designed as a 168 MW critical IT campus, comprising a completed 27 MW data center, a 100 MW facility under construction, and a planned 41 MW facility.
Edged's data centers are optimized for energy efficiency, reducing overhead energy consumption by 74% portfolio-wide. The facilities feature advanced cooling systems supporting high-density AI workloads without water consumption for cooling, demonstrating commitment to sustainability and efficient operations.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has restored power to over 230,000 customers following Winter Storm Cora, which brought heavy snow, freezing rain, and ice to North Georgia. As of Saturday morning, less than 60,000 customers remain affected, with the company expecting to restore power to nearly all impacted customers who can receive power by the end of the day.
The rapid response was facilitated by new smart grid technologies and pre-positioned teams. The hardest-hit areas include parts of Alpharetta, Jonesboro, and Atlanta. While restoration efforts continue, challenging conditions persist with temperatures barely rising above freezing, potentially slowing progress due to icy roads and the risk of falling trees and limbs.
The company maintains an interactive Outage Map with real-time information and estimated restoration times, while emphasizing safety measures for both customers and crews during the recovery process.
Georgia Power is actively responding to Winter Storm Cora, which has brought freezing rain and ice across Georgia on January 10, 2025. While power interruptions have been minimal as of midday Friday, the company has strategically positioned crews, including reinforcements from South Georgia and additional personnel from the Southern Company system and Florida.
The company highlighted its ongoing infrastructure investments to improve grid reliability, including Smart Grid technology implementations that enhance real-time outage identification and power restoration capabilities. Georgia Power serves 2.7 million customers across Georgia and maintains a diverse generation mix including nuclear, coal, natural gas, and renewables.
The company has issued safety guidelines for customers during the winter storm, including avoiding downed power lines, proper generator usage, and utilizing their outage alert system and mobile app for updates.
Georgia Power is actively responding to Winter Storm Cora on January 10, 2025, as the weather system brings snow and icy conditions across north Georgia. While power interruptions have been minimal as of midday Friday, the company has positioned crews strategically, including reinforcements from South Georgia and additional personnel from the Southern Company system and Florida.
The company has invested in infrastructure improvements and Smart Grid technology to enhance reliability and grid resiliency. This technology allows for quick identification and isolation of outages, minimizing impact before field repairs begin.
Georgia Power emphasizes safety guidelines for customers, including avoiding downed power lines, proper generator use, and maintaining safe distances from utility crews. The company provides multiple ways to stay informed through their Outage Alert service, social media channels, Outage & Storm Center website, interactive Outage Map, and mobile app. Georgia Power serves 2.7 million customers across Georgia with a diverse generation mix including nuclear, coal, natural gas, and renewables.
Southern Company Gas has elected two new board members effective Jan. 1, 2025: Stephen Edwards, CEO of Virginia Port Authority, and A. Benjamin Spencer, dean of William & Mary Law School. Edwards, who has led the Virginia Port Authority since 2021, oversees operations that generate 565,000 jobs and $63 billion in annual GDP for Virginia. He brings extensive port management experience from previous executive roles at TraPac, GCT Global Container Terminals, and Ports America.
Spencer, serving as dean since 2020, manages a $40-million budget and $102-million endowment at William & Mary Law School. As a Marshall Scholar and Army Reserve JAG Corps officer, he brings legal expertise and academic leadership experience. Both appointments aim to strengthen Southern Company Gas's position as an energy provider serving 4.4 million customers, with particular focus on enhancing service in Virginia.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has announced preparedness measures for expected winter weather conditions and provided energy-saving tips for customers. The company, serving 2.7 million customers across Georgia, emphasizes that heating can account for 50% of typical winter energy usage.
Key recommendations include: optimizing heating through regular filter changes, ensuring proper insulation (which can save up to 10% on energy usage), setting thermostats to 68 degrees or lower (each degree reduction can result in 3-4% energy savings), and utilizing natural heat through window management.
The company has implemented multiple communication channels for customers during severe weather, including Outage Alerts via text message, an Outage & Storm Center website, an interactive Outage Map, and a mobile app. Georgia Power maintains a diverse generation mix including nuclear, coal, natural gas, and renewables to serve its customers across 155 Georgia counties.
ComEd and Nicor Gas have joined forces to provide advanced energy efficiency certifications to graduates of their Market Development Initiative (MDI) programs. The collaboration focuses on offering Building Performance Institute (BPI) certifications to enhance the capabilities of local and diverse contractors in the energy efficiency industry.
The program enables home performance professionals to conduct energy modeling, building analysis, and data evaluation services, strengthening their ability to provide comprehensive improvement recommendations. In December, 22 MDI graduates participated in training sessions in Chicago and Carol Stream, Illinois, working toward the Building Professional (BA-P) credential through a four-day intensive program.
Eligible participants are those who previously obtained BPI certifications in Building Science Principles (BSP) and Building Analyst Technician (BA-T) through the utilities' MDI programs.
Nicor Gas has inaugurated its first renewable natural gas (RNG) interconnection with Air Liquide's facility in Rockford, Illinois, marking a significant milestone in the state's clean energy future. The facility, which began operations on June 12, 2024, is Air Liquide's largest RNG plant globally and converts biogas from the adjacent Winnebago Landfill into usable energy.
The plant is expected to produce approximately 1.3 million MMBtu of RNG annually, equivalent to supplying 12,000 homes. This interconnection was established under Nicor Gas' Renewable Gas Interconnection Pilot Program, approved by the Illinois Commerce Commission in 2021.
The facility captures biogas from organic waste decomposition at the landfill, which would otherwise be flared into the atmosphere, and purifies it into pipeline-quality gas. Nicor Gas will receive and retire 13,900 MMBtu annually of environmental attributes from this project, contributing to its operational greenhouse gas emissions reduction goals.
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