Southern Stock Price, News & Analysis

Georgia Power has launched various energy efficiency programs aimed at assisting residential customers in managing their energy usage and reducing power bills, particularly during hot summer months. These programs include free online energy checkups, rebates for energy-efficient improvements, and assistance for income-qualified customers. Notable offerings are the Home Energy Improvement Program and Refrigerator Recycling that can save customers an average of $125 annually. Georgia Power is committed to providing value and reliable service to 2.6 million customers across Georgia.

Georgia Power is launching a series of new STEM experiment videos as part of its Learning Power initiative, aimed at enhancing summer learning for students. The program includes 12 videos, featuring engaging hands-on activities that only require basic supplies. This year marks the 10th anniversary of Learning Power, which has reached 900,000 students across 1,600 schools in Georgia. The initiative supports STEM education and aligns with state standards, fostering a love for learning among students.

Southern Company announced a quarterly dividend of 66 cents per share on July 19, 2021. This dividend is payable on Sept. 7, 2021, to shareholders of record as of Aug. 16, 2021. The company has maintained or increased its dividend for over 70 years, demonstrating a strong commitment to returning value to shareholders. Southern Company serves 9 million customers across various states, providing a range of energy solutions, including nuclear, natural gas, and renewable energy.

Nicor Gas has received approval from the Illinois Commerce Commission for its Renewable Gas Interconnection Pilot, aimed at promoting renewable natural gas (RNG) production. The $16 million initiative will interconnect RNG facilities into its distribution system, allowing for cleaner energy alternatives. The pilot could create significant economic impacts, including $478 million in economic output and over 200 jobs tied to a single RNG project. The program underscores Nicor Gas's commitment to sustainable energy solutions in Illinois.

Georgia Power, a subsidiary of Southern Company (NYSE: SO), has announced energy assistance programs aimed at helping income-eligible customers manage their energy bills during the summer months. Key offerings include a Senior Citizen Discount of up to $24 monthly for seniors over 65, a complimentary in-home energy assessment for eligible seniors through the HopeWorks program, and the Project SHARE initiative in partnership with The Salvation Army, allowing customers to donate to community members in need. For more details, visit Georgia Power's Energy Assistance.

Georgia Power has achieved significant solar growth, ranking #7 in the U.S. for solar photovoltaic installations in 2020, according to the Solar Energy Industries Association. The company accounted for 93% of Georgia's solar installations. The Georgia Public Service Commission certified an additional 970 MW of utility-scale solar in July 2021, with a target of 5,400 MW by 2025. Georgia Power maintains a diverse energy mix and emphasizes its renewable programs, which include Community Solar and Customer Renewable Supply Procurement, to support sustainability efforts.

The board of directors of Alabama Power Company has declared quarterly dividends on preferred stock for the quarter ending September 30, 2021, payable on October 1, 2021. The declared dividends include: 4.20% at $1.05, 4.52% at $1.13, 4.60% at $1.15, 4.64% at $1.16, 4.72% at $1.18, and 4.92% at $1.23 per share for preferred stock, and 5.00% at $0.3125 per share for Class A preferred stock. Shareholders of record on September 16, 2021, will receive these payments.