Latest Southern Co News

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,...

Regulators approve deal to pay for Georgia Power's new nuclear reactors

Dec. 19, 2023 14:14 PM EST

ATLANTA (AP) — Almost 15 years of wrangling over who should pay for two new nuclear reactors in Georgia and who should be accountable for cost overruns came down to one vote Tuesday, with the Georgia Public Service Commission unanimously approving an additional 6% rate increase to pay for $7.56...

Regulators begin hearings on how much customers should pay for Georgia nuclear reactors

Dec. 04, 2023 19:38 PM EST

ATLANTA (AP) — Georgia Power Co. is urging the state's utility regulators to approve a deal to pay for the company's new nuclear reactors as a few holdout opponents keep fighting to try to get the Public Service Commission to keep the utility from collecting any cost overruns for the two reactors...