Latest Southern Co News

Southern Co.: Q1 Earnings Snapshot

May. 02, 2024 07:42 AM EDT

ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported first-quarter net income of $1.13 billion. The Atlanta-based company said it had profit of $1.03 per share. The results surpassed Wall Street expectations. The average estimate of four analysts...

A second new nuclear reactor is completed in Georgia. The carbon-free power comes at a high price

Apr. 29, 2024 12:03 PM EDT

ATLANTA (AP) — The second of two new nuclear reactors in Georgia has entered commercial operation, capping a project that cost billions more and took years longer than originally projected. Georgia Power Co. and fellow owners announced the milestone Monday for Plant Vogtle's Unit...

Utility regulators approve plan for Georgia Power to add new generating capacity

Apr. 16, 2024 13:23 PM EDT

ATLANTA (AP) — Georgia Power Co. got the go-ahead Tuesday to build and buy more electrical generation from the Georgia Public Service Commission, despite questions from environmentalists about the demand forecast driving the move and who say it's unwise to let the company burn more fossil fuels....

Georgia Power makes deal for more electrical generation, pledging downward rate pressure

Mar. 27, 2024 14:56 PM EDT

ATLANTA (AP) — Georgia Power Co. announced a deal with regulatory staff to build and buy more electrical generation ahead of schedule on Wednesday, pledging that the deal will reduce rates for existing customers. “We expect the revenues associated with energy sales to incremental...