Southern Co - Company Profile
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Business Description
Southern Co (Southern) is an energy holding company, which generates, distributes, markets and trades electricity, and distributes gas through its subsidiaries. It also provides energy technologies and services to electric utilities and large industrial, commercial, institutional, and municipal customers; and has investments in telecommunications and leveraged lease projects. The company focuses on the southern part of the US, and has major operations in the states of Delaware, Alabama, Georgia, and Mississippi.
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R&D Overview
Southern Co R&D initiatives focus on inventing, shaping, and accelerating emerging energy technologies to improve customer lives and build the future of energy. The company's diverse research portfolio explores a full spectrum of solutions to address the energy industry's greatest challenges. The Smart Neighborhoods projects are real-world R&D initiatives designed to inform how energy could be produced, delivered, and consumed in the future. These neighborhoods provide state-of-the-art home construction, distributed energy resources like battery energy storage and solar, as well as smart home appliances and technologies.
Business Segments
Overview
Includes operations of PowerSecure, Southern Company Holdings Inc and Southern Communications Services Inc (Southern Linc). PowerSecure provides energy solutions, including distributed infrastructure, energy efficiency products and services, and utility infrastructure services to electric utilities and their customers. Southern Holdings invests in various projects, including lease projects and energy-related funds. Southern Linc provides digital wireless communications for its and public use, and also provides fiber optic services in the Southeast. It delivers various wireless communication options including push to talk, text messaging, wireless internet access, cellular service and wireless data. Also provides fiber optics services in the Southeast through its subsidiary, Southern Telecom Inc.
Performance
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Overview
Distributes natural gas to residential, commercial and industrial customers. Operates, constructs and maintains natural gas pipelines and storage facilities. Also has investments in various gas pipelines, and provides wholesale gas and gas marketing services. Has 50% interest in SNG, 7,000-mile pipeline connecting natural gas supply basins in Texas, Mississippi, Louisiana, and Alabama to markets in Mississippi, South Carolina, Louisiana, Georgia, Alabama, Florida, and Tennessee; and a 50% joint ownership interest in the Dalton Pipeline. Through SouthStar, it markets gas to residential, commercial and industrial customers, and offers energy-related products that provide natural gas price stability and utility bill management services. Operating companies: Northern Illinois Gas Co, Atlanta Gas Light Co, Virginia Natural Gas Inc and Chattanooga Gas Co.
Performance
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Overview
Develops, constructs, acquires, owns and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. It enters into power purchase agreements with investor-owned utilities, IPPs, municipalities, electric cooperatives and other load-serving entities, and commercial and industrial customers.
Performance
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Overview
Generates, transmits and distributes electricity. It supplies electricity at market-based rates in the wholesale market, primarily to investor-owned utilities, municipalities, IPPs and other load-serving entities, and commercial and industrial customers. Operating companies: Alabama Power, Georgia Power and Mississippi Power. Alabama Power generates, transmits, distributes and purchases electricity. It retails electricity in ~400 cities and towns (including Anniston, Mobile, Gadsden, Montgomery, Birmingham and Tuscaloosa) and rural areas, and sells energy on wholesale basis to 11 municipally-owned electric distribution systems and two rural distributing cooperative associations. Alabama Power also sells and cooperates with dealers in promoting the sale of electric appliances and products, and markets and sells outdoor lighting services. Georgia Power generates, transmits, distributes and purchases electricity. It retails electricity in more than 530 cities and towns (including Athens, Columbus, Macon, Augusta, Atlanta, Rome and Savannah) and rural areas, and on wholesale basis to OPC, MEAG Power, Dalton, various EMCs and non-affiliated utilities. Georgia Power also markets and sells outdoor lighting services and other customer-focused utility services. Mississippi Power generates, transmits, distributes and purchases electricity. It sells electricity to 23 counties in southeastern Mississippi on retail basis in 123 communities (including Biloxi, Laurel, Hattiesburg, Gulfport, Meridian and Pascagoula) and in rural areas, and on wholesale basis to one municipality, six rural electric distribution cooperative associations, and one generating and transmitting cooperative.
Performance
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