Business Overview

Business Overview

Building the future of energy

Southern Company (NYSE: SO) is America’s premier energy company, with 46,000 MW of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million customers through its subsidiaries. Operations include nearly 200,000 miles of electric transmission and distribution lines and more than 80,000 miles of natural gas pipeline.

The company provides clean, safe, reliable and affordable energy through electric operating companies in four states, natural gas distribution companies in seven states, a competitive generation company serving wholesale customers across America and nationally recognized provider of energy solutions, as well as fiber optics and wireless communications.

Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Through an industry-leading commitment to innovation, the company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including carbon-free nuclear, 21st century coal, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers.

 

Our distinctions as a business:

  • Top military employer, named by the U.S. Department of Defense and G.I. Jobs magazine
  • Among the Top 50 Companies for Diversity, listed by DiversityInc
  • One of the 40 Best Companies for Diversity, listed by Black Enterprise magazine
  • Top Employer for Hispanics, listed by Hispanic Network
  • National Award of Nuclear Science and History, awarded by the National Atomic Museum Foundation
  • Ranked among the top utilities in Fortune’s annual World’s Most Admired Electric and Gas Utility rankings
     

What does the future of energy look like?

Electric Utilities

 

Our four traditional electric utilities — Alabama Power, Georgia Power, Gulf Power, and Mississippi Power — serve more than 4.5 million retail customers. These subsidiaries provide retail electric service and are regulated by federal energy agencies and the public service commissions in the states they serve. The state commissions determine fair electric rates, oversee what project costs (such as those associated with environmental controls or plant construction) can be recovered and define the profit margin utilities can make in retail markets.

Independent customer satisfaction surveys are a key performance indicator for our electric utilities, which consistently rank in the top quartile in both the American Customer Service Satisfaction Index and the JD Power & Associates Electric Utility Rankings.

Southern Power

Southern Power a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities and other energy customers.  At Southern Power’s portfolio consists of 46 natural gas, wind, solar and biomass generating assets capable of delivering more than 12,600 MW of clean, safe, reliable and affordable wholesale generation in Alabama, California, Florida, Georgia, Maine, Minnesota, Nevada, New Mexico, North Carolina, Oklahoma and Texas. The portfolio now includes over 3,200 MW of renewable generation.

Southern Company Gas

Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas to 4.5 million retail customers through utilities in seven states – Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland.

Gas distribution operations is the largest component of Southern Company Gas' business and is subject to regulation and oversight by agencies in each of the states it serves. These agencies approve natural gas rates designed to provide Southern Company Gas the opportunity to generate revenues to recover the cost of natural gas delivered to its customers and its fixed and variable costs, such as depreciation, interest, maintenance, and overhead costs, as well as to earn a reasonable return on its investments.

Southern Company Gas and its subsidiaries are also involved in several other complementary businesses including gas marketing services, wholesale gas services and gas midstream operations.

  • Gas marketing services consists of several businesses that provide energy-related products and services to natural gas markets.
  • Wholesale gas services is involved in asset management and optimization, storage, transportation, producer and peaking services, natural gas supply, natural gas services, and wholesale gas marketing.
  • Gas midstream operations consists primarily of gas pipeline investments and includes storage and fuels.

PowerSecure

PowerSecure is a leading provider of utility and energy technologies to electric utilities and industrial, institutional and commercial customers. The company provides solutions with their products and services in the areas of distribute infrastructure, energy efficiency and utility infrastructure.

The company's distributed infrastructure solutions utilize a range of technologies to deliver power, including renewables like wind and solar. Its energy efficiency products and services include LED lighting technologies, the installation and maintenance of energy conservation measures, as well as transmission and distribution infrastructure and maintenance services and engineering and regulatory consulting services for utilities.

Other Subsidiaries

Southern Nuclear is the licensed operator of Southern Company's three nuclear generating plants in Alabama and Georgia.

SouthernLinc Wireless is a communications network with a 127,000-square-mile coverage area in the Southeast.

Southern Telecom is a fiber optic wholesaler in the Southeast.

 

Sequent delivers smarter ways to optimize natural gas assets and effectively utilize transportation and storage services.

 

Since 1992, the home warranty plans offered by Pivotal Home Solutions have helped protect homeowners from the costs of unexpected repairs to their home’s systems, lines and/or appliances. Pivotal Home Solutions services approximately 1.2 million repair and maintenance plans in 18 states.