Facts & Figures - 2008
| Financial Highlights (as of Dec 31, 2008) | |
| Operating revenues | $17.13 billion |
| Net Income | $1.74 billion |
| Earnings Per Share | $2.26 |
| Average Shares Outstanding | 771 million |
| Return on Average Common Equity | 13.57 percent |
| Total Assets | $48.347 billion |
| Customers and Sales | Customers | Energy sales (billions of kWh) |
| Residential | 3,785,000 | 52.3 |
| Commercial | 594,000 | 54.4 |
| Industrial | 15,000 | 52.7 |
| Other | 8,000 | 0.9 |
| Total Retail | 160.3 | |
| Total Wholesale | 39.4 | |
| Total | 4,402,000 | 199.7 |
42,607 megawatts of generating capacity.
Sources of generation: 68% coal; 16% oil and gas; 15% nuclear; 1% hydro.
Environmental Highlights
- Invested about $6.3 billion in environmental controls. Planning to spend additional $3.1 billion through 2010 to further reduce emissions of nitrogen oxide, sulfur dioxide and mercury. more
- Developed, with U.S. Department of Energy and KBR, a more efficient coal technology that lowers net CO2 emissions. Our proposed 580-megawatt gasification plant in Kemper County, Mississippi, would use this TRIG™ technology with locally-mined lignite along with natural gas. more
- Hosting an underground carbon dioxide injection project at Mississippi Power’s Plant Daniel, as part of the Southeast Regional Carbon Sequestration Partnership. We’re also studying the injection of carbon dioxide into an old coal seam and the capacity of a retired oil field to store carbon dioxide. more
- Removed or recycled more than 10 million pounds of debris from rivers and other waterways throughout the Southeast through Renew Our Rivers, a volunteer program. more
- Awarded 115 biodiversity and habitat improvement grants totaling over $8.5 million from 2003-2008 through the National Fish and Wildlife Foundation and other partners. more
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Being Smart means advancing with technology. At Southern Company, our information technology group takes a lead role in researching new technologies as they become available, helping the company gain smart insight. (More smarts in our Annual Report)
