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 has elected Colette D. Honorable as an independent director, effective Oct. 1, 2020. Honorable brings extensive energy policy and regulation experience, having served as a FERC commissioner from Jan. 2015 to June 2017. Her knowledge is expected to strengthen Southern Company's governance and risk oversight. Honorable's background includes leadership roles at the Arkansas Public Service Commission and significant contributions to energy efficiency programs. The company emphasizes its commitment to corporate governance and diversity through her appointment.
Georgia Power is actively monitoring Hurricane Sally as it approaches Georgia, coordinating with emergency partners. Customers are advised to prioritize safety and prepare with emergency kits. The company offers resources such as an Outage Alert service and an interactive Outage Map for real-time updates on power outages. With a commitment to reliability, Georgia Power leverages Smart Grid technology and has implemented pandemic response measures to ensure customer and employee safety during service interruptions. Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO).
Georgia Power, serving 2.6 million customers, is promoting National Preparedness Month in collaboration with FEMA and GEMA this September. The initiative urges customers to prepare for emergencies with essential safety tips. Key recommendations include building an emergency kit, having a communication plan, and understanding local risks. The company also highlights tools such as the Outage Map and Outage Alerts for efficient safety management. Committed to delivering reliable energy at competitive rates, Georgia Power emphasizes safety and proactive measures for severe weather preparedness.
Southern Company has been awarded the prestigious EEI Edison Award for its excellence in energy storage research and development initiatives. The recognition highlights the company's leadership in advancing energy storage technology, including the Energy Storage Research Center in Birmingham, Alabama. This marks the fifth time Southern Company has received this accolade, further emphasizing its commitment to a net-zero carbon future and innovation in the electric utility industry. The award acknowledges collaboration with various partners, including federal agencies and research institutions.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), warns customers about increasing scams where criminals impersonate its employees. The company emphasizes that it will never demand payment through credit cards or unverified methods, nor send employees to collect payments in person. Customers are advised to be cautious of suspicious calls and to contact customer service at 888-660-5890 if they receive such requests. The company is actively collaborating with law enforcement to combat fraud and provides various resources to educate customers about protecting themselves against scams.
Georgia Power has been recognized as a "Top U.S. Utility for Economic Development" for the 22nd year in a row by Site Selection magazine. This award highlights the company's significant role in assisting 99 businesses with relocation and expansion, resulting in over 16,000 jobs and $5.2 billion in investments. Over the past decade, Georgia Power has supported over 1,000 companies, creating approximately 161,000 jobs and directing $37 billion in investment into Georgia. This recognition reflects Georgia Power's commitment to fostering economic growth in the state.
Georgia Power crews returned home after a week in Louisiana aiding hurricane restoration efforts following Hurricane Laura. About 100 personnel worked on restoring power, replacing 217 broken poles, 932 spans of wire, and 180 transformers. The company's operations manager emphasized the importance of their dedicated teams and highlighted the Mutual Assistance Network, allowing for efficient responses during storms. With the hurricane season ongoing until November 30, Georgia Power encourages customers to prepare and remain vigilant, sharing safety tips for before, during, and after storms.
Alabama Power has announced important leadership changes aimed at enhancing customer experience and community support. Tony Smoke is now senior vice president of Marketing and Economic Development, bringing over 35 years of experience. Myla Calhoun has been appointed vice president of the Birmingham Division, focusing on operations and community development. Lastly, Tequila Smith will lead philanthropic initiatives as vice president of Charitable Giving. These changes are expected to leverage their extensive backgrounds to better serve over 1.4 million customers across Alabama.
Dr. Selwyn M. Vickers, senior vice president of medicine and dean at the University of Alabama School of Medicine, has been appointed to the board of directors of Alabama Power. This decision, announced on September 3, 2020, was welcomed by Mark Crosswhite, Alabama Power's chairman, highlighting Vickers' expertise as valuable for the company and its customers. Vickers is a renowned pancreatic cancer surgeon and researcher, actively engaged with UAB Medicine and multiple prestigious medical associations. Alabama Power is a subsidiary of Southern Company (NYSE: SO), serving over 1.4 million customers.
Georgia Power, the largest non-governmental recreation facility provider in Georgia, reminds customers and vacationers about safety guidelines as Labor Day weekend approaches. The company emphasizes adherence to social distancing and safety protocols advised by health authorities. With a surge in visitors expected at Georgia's lakes, Georgia Power stresses water and boating safety, highlighting critical tips from the SPLASH initiative to prevent drowning, particularly for young children, who are at a higher risk. For detailed safety information, visit Georgia Power's website.