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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 Outstanding771 million
Return on Average Common Equity13.57 percent
Total Assets$48.347 billion
  
Customers and SalesCustomersEnergy sales
(billions of kWh)
Residential3,785,000 52.3
Commercial594,00054.4
Industrial15,00052.7
Other8,0000.9
Total Retail 160.3
Total Wholesale 39.4
Total4,402,000199.7

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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Highest Scoring Utility in Customer Satisfaction; 2000 - 2008

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