Latest Southern Co News

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...

Southern Co.: Q4 Earnings Snapshot

Feb. 15, 2024 07:43 AM EST

ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported fourth-quarter net income of $855 million. On a per-share basis, the Atlanta-based company said it had profit of 78 cents. Earnings, adjusted for non-recurring gains, came to 64 cents per share. ...

Second new Georgia reactor begins splitting atoms in key step to making electricity

Feb. 14, 2024 10:52 AM EST

ATLANTA (AP) — A nuclear power plant in Georgia has begun splitting atoms in the second of its two new reactors, Georgia Power said Wednesday, a key step toward providing carbon-free electricity. The unit of Atlanta-based Southern Co. said operators reached self-sustaining nuclear...

Vibrations in cooling system mean new Georgia nuclear reactor will again be delayed

Feb. 01, 2024 20:22 PM EST

ATLANTA (AP) — Georgia Power Co. said Thursday that vibrations found in a cooling system of its second new nuclear reactor will delay when the unit begins generating power. Plant Vogtle's Unit 4 now will not start commercial operation until sometime in the second quarter of 2024,...