Welcome to our dedicated page for The Southern news (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on The Southern stock.
The Southern Company reports news about an energy provider serving 9 million customers through electric operating companies in three states, natural gas distribution companies in four states, Southern Power, PowerSecure, fiber optics and telecommunications services. Recurring updates cover earnings, dividend actions and operating developments across Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.
Company news also includes Georgia Power matters before the Georgia Public Service Commission, including resource planning, capacity procurement, solar resources, transmission and distribution upgrades, grid reliability programs, storm readiness and customer safety communications. PowerSecure updates focus on distributed energy solutions such as utility-scale battery storage, solar generation, backup power and resiliency projects.
Southern Company will announce its second-quarter earnings on July 29, 2021, at 7:30 a.m. EDT. The company serves 9 million customers across several states, providing reliable energy solutions. A conference call with CEO Thomas A. Fanning and CFO Andrew W. Evans will take place at 1 p.m. EDT on the same day to discuss earnings details. Investors can access a live webcast of the call, with a replay available for 12 months.
As a leading energy provider, Southern Company focuses on innovation and a low-carbon future, ensuring customer service and reliability.
Georgia Power reminds Georgians about recreational opportunities statewide as summer vacation plans arise. The company operates approximately 100,000 acres of land and 60,000 surface acres of water, making it the largest non-governmental provider of public recreation in Georgia. Visitors can access lakes and facilities through the company's website, where they can purchase passes and reserve camping spots. Georgia Power also emphasizes water safety for families, promoting supervision and swim lessons to prevent accidental drownings, especially during the Independence Day weekend.
Georgia Power has announced a $500,000 investment from the Georgia Power Foundation to the Georgia Justice Project (GJP). This funding aims to remove employment and housing barriers for those with past criminal records, aligning with a broader $75 million commitment over five years. The initiative supports Georgia's new 'expungement law,' benefiting 1.5 million residents by facilitating access to record sealing. GJP will utilize this grant for community outreach, ensuring effective implementation of the law, thereby enhancing opportunities for rehabilitated individuals.
Georgia Power is partnering with the City of Atlanta to install 10,000 energy-efficient streetlights aimed at enhancing safety and reducing crime in high-traffic and high-crime areas. The initiative, part of the "One Atlanta – Light Up the Night" campaign, will lead to a 60% reduction in energy usage and decrease the city's carbon footprint by around 2,000 tons annually. The project follows a comprehensive streetlight inventory conducted by ATL DOT and Georgia Tech, identifying critical areas for lighting improvements.
Nicor Gas has been recognized as the Most Trusted Utility Brand for residential customers in a 2021 study by Escalent. This accolade stems from a survey involving over 76,000 customers across 140 utility companies, measuring factors like reliability and community support. Nicor Gas scored 723 out of 1000, reflecting its efforts in customer assistance and environmental initiatives. Over the past year, the company allocated more than $25 million for bill payment assistance amid the pandemic and pledged to conserve 10,000 acres of open space.
Summary not available.
Georgia Power has been recognized as a "Most Trusted Brand" in the utility sector by Escalent's 2021 Cogent Syndicated Utility Trusted Brand & Customer Engagement™: Residential study. This ranking reflects the company's strong performance in communication, customer service, and community support, particularly during the pandemic. The study surveyed over 75,000 customers across 140 utilities. Georgia Power emphasizes its commitment to providing reliable electricity at rates below the national average, focusing on enhanced customer service and energy efficiency initiatives.
Georgia Power has launched initiatives to help customers manage energy costs during the summer season, which typically sees increased energy use. The company's energy efficiency programs include free online energy checkups and rebates for home improvements. Notable programs include the Home Energy Improvement Program and the Home Energy Efficiency Assistance Program for low-income customers. Customers can save significantly by switching to LED bulbs and recycling old refrigerators. Georgia Power emphasizes the importance of thermostat settings and provides tools for tracking energy usage.
Georgia Power is addressing outages caused by heavy rain and gusty winds from Tropical Storm Claudette, affecting around 5,000 customers across central and north Georgia. Crews are encountering downed wires and broken poles due to fallen trees and debris. Residents are urged to prepare for further outages and adhere to safety guidelines. The company emphasizes ongoing infrastructure investments to enhance the resilience and reliability of power services. Customers can seek updates and assistance via their website and mobile app.
Georgia Power warns customers about upcoming severe weather and heavy rain expected over the weekend. The company is prepared to handle service interruptions promptly and safely. Customers are advised to check their emergency kits, stay updated on weather alerts, and avoid contact with downed power lines after storms. Georgia Power emphasizes the importance of its ongoing infrastructure investments aimed at enhancing reliability and resiliency against severe weather events, ensuring customer satisfaction and safety.