Latest Southern Company Stories
ATLANTA, Aug. 6, 2012 /PRNewswire/ -- Art P. Beattie, Southern Company chief financial officer, will deliver a presentation to investors and industry analysts during the Goldman Sachs 11th Annual Power and Utility Conference at the Conrad in New York City on Aug. 14. Beattie is scheduled to present during two separate panel discussions -- "Meeting Tomorrow's Energy & Power Infrastructure Requirements and Challenges" from 11 to 11:55 a.m. EDT and "Power Sector...
BIRMINGHAM, Ala., July 30, 2012 /PRNewswire/ -- Unit 1 of the Joseph M. Farley Nuclear Plant near Dothan, Ala. has safely resumed generating electricity following post-maintenance testing on a diesel generator. Electricity production resumed today at 11:01 a.m. CT. Unit 1 was safely taken offline on July 27 at 3:03 a.m. CT in accordance with nuclear processes and procedures, while employees completed repairs on the 1B diesel generator. During routine maintenance activities for the...
BIRMINGHAM, Ala., July 27, 2012 /PRNewswire/ -- Unit 1 of the Joseph M. Farley Nuclear Plant was safely taken offline at 3:03 a.m. CT in accordance with plant processes and procedures, while employees safely conduct post-maintenance testing on a diesel generator. On July 20, during routine maintenance activities for the 1B diesel generator, Plant Farley employees discovered that the diesel generator did not perform as expected. While investigating the issue, workers learned that an...
ATLANTA, July 26, 2012 /PRNewswire/ -- Culminating a six-year initiative that began in January 2007 to enhance metering service to its 2.4 million customers, Georgia Power today installed its final digital meter in South Georgia. (Logo: http://photos.prnewswire.com/prnh/20050216/CLW066LOGO ) Digital meters are able to be read remotely without having to send out meter readers every month. This has allowed Georgia Power to reduce 14 million miles of travel throughout the state by...
ATLANTA, July 25, 2012 /PRNewswire/ -- Southern Company today reported second quarter 2012 earnings of $623 million, or 71 cents a share, compared with earnings of $604 million, or 71 cents a share, in the second quarter of 2011. For the six months ended June 30, 2012, earnings were $991 million, or $1.14 a share, compared with $1.03 billion, or $1.20 a share, for the same period in 2011. Earnings for the quarter and six months ended June 30, 2012, included 2 cents a share of...
ATLANTA, July 18, 2012 /PRNewswire/ -- Southern Company (NYSE: SO) announced today that the nation's largest biomass plant is putting electricity on the grid in Texas. Southern Company President, Chairman and CEO Thomas A. Fanning joined state and local dignitaries today at the company's Nacogdoches Generating Facility to mark commercial operation for the 100-megawatt unit. (Logo: http://photos.prnewswire.com/prnh/20080801/SOCOLOGO ) Austin Energy is receiving energy from the...
ATLANTA, July 16, 2012 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 49 cents per share on the company's common stock, payable Sept. 6, 2012, to shareholders of record as of Aug. 6, 2012. This marks 259 consecutive quarters - dating back to 1948 - that Southern Company will have paid a dividend to its shareholders. (Logo: http://photos.prnewswire.com/prnh/20080801/SOCOLOGO ) With 4.4 million customers and more than 43,000 megawatts of generating...
This week valuations of the US nuclear construction industry boomed to levels that ensure the US will be at the forefront of the Nuclear Renaissance from 2012. (PRWEB) July 13, 2012 The development of projects from SCE&G’s VC Summer Plant, Southern’s Plant Vogtle, Duke’s Levy site and FPL’s Turkey Point, in conjunction with over $26bn in new government construction programs have given huge support for the industry. From these projects alone there is set to be in excess of...
ATLANTA, July 13, 2012 /PRNewswire/ -- Scam artists are again attempting to prey on Georgia Power customers in order to obtain private information and possible access to financial accounts. (Logo: http://photos.prnewswire.com/prnh/20050216/CLW066LOGO ) Scammers have contacted many Georgia Power customers in recent weeks, and usually they claim to enroll them in a program where the president of the United States or some other government entity will help them pay their electric bill...
ATLANTA, July 10, 2012 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2012 at 7:30 a.m. EDT on Wednesday, July 25. Chairman, President and CEO Thomas A. Fanning and Chief Financial Officer Art P. Beattie will discuss earnings during a conference call for financial analysts at 1 p.m. EDT on Wednesday, July 25. Investors, media and the public may listen to a live webcast of the conference call at www.southerncompany.com by clicking on the...
