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  1. Home
  2. Brands
  3. Energy & Utilities
  4. Georgia Power
Energy & Utilities

Who Owns Georgia Power?

Georgia Power is owned by Southern Company (NYSE: SO), a publicly traded American energy utility headquartered in Atlanta, Georgia. Georgia Power was founded in 1902 and became a wholly-owned subsidiary of Southern Company in 1945. The company serves over 2.7 million electric customers across Georgia and operates Plant Vogtle, the largest nuclear power plant in the United States. Southern Company trades on the New York Stock Exchange under ticker SO and serves over 9 million customers through its subsidiaries.

Parent Company

Southern Company

Acquired

1945

Status

Publicly Traded

Headquarters

Atlanta, Georgia, USA

Georgia Power Timeline

1902

Georgia Power

Founded by Georgia Power Company (internal development)

Founded
1945
Acquired by Southern Company

Southern Company acquired Georgia Power

Acquired
budgetregulated monopolyUnited Statesall-consumersOfficial Website

Who Owns Georgia Power?

  • Parent Company: Southern Company
  • Ownership Type: Subsidiary
  • Acquisition Year: 1945
  • Company Type: Publicly Traded
  • Stock Ticker: NYSE: SO
BrandParent CompanyOwnership Type
Georgia PowerSouthern CompanySubsidiary

History of Georgia Power

  • Founded: 1902
  • Founders: Georgia Power Company (internal development)
  • Acquired by Southern Company: 1945

Georgia Power Company was founded in 1902. The company grew to become one of the largest electric utilities in the Southeast, serving residential, commercial, and industrial customers across Georgia.

In 1945, Southern Company was formed as a holding company for Georgia Power and other Southeast utility operations. Under Southern Company's ownership, Georgia Power expanded its generation capacity and distribution infrastructure significantly.

Georgia Power operates the Vogtle Electric Generating Plant in Waynesboro, Georgia. Units 3 and 4 at Plant Vogtle were the first new nuclear units built in the United States in over 30 years. Unit 3 entered commercial operation in July 2023, and Unit 4 entered commercial operation in April 2024. The Vogtle plant is now the largest nuclear generator in the United States.

In 2025, Georgia Power filed its Integrated Resource Plan (IRP) with the Georgia Public Service Commission. The plan projects approximately 8,200 MW of electrical load growth over the next six years, driven largely by data center expansion in Georgia. The IRP includes proposals to extend coal-fired unit operations at Plants Bowen and Scherer through at least 2034, which drew criticism from environmental groups.

About Southern Company

Southern Company is an American energy company that operates through multiple business segments including regulated electric utilities, wholesale power generation, natural gas distribution, and telecommunications services. The company is one of the largest energy providers in the United States, serving over 9 million customers across multiple states.

The company's three primary retail electric operating companies—Georgia Power, Alabama Power, and Mississippi Power—serve customers across the Southeast. Southern Power operates as a wholesale power generator serving municipalities, cooperatives, and other utilities across the United States. Southern Company Gas operates natural gas distribution companies across multiple states.

Southern Company employs approximately 31,300 people and maintains a strong focus on reliable, affordable, and clean energy delivery. The company is committed to the energy transition and has made significant investments in renewable energy and nuclear power generation.

  • Founded: 1945
  • Headquarters: Atlanta, Georgia, USA
  • Company Type: Publicly Traded
  • Stock: NYSE: SO
  • Revenue: ~$26.7B (FY2024)
  • Employees: ~30,000

Visit Southern Company website

View full company profile for Southern Company

Where Is Georgia Power Made / Based?

  • Headquarters: Atlanta, Georgia, USA
  • Manufacturing / Operations: United States

Georgia Power Sustainability & Ethics

Georgia Power's sustainability practices fall under Southern Company's environmental framework, which targets net-zero emissions by 2050.

  • Nuclear Energy: Plant Vogtle, with all four units operational, is the largest nuclear generator in the United States. Nuclear power provides emission-free baseload generation. Georgia Power has proposed additional investment in Hatch and Vogtle Units 1 and 2 to deliver 112 MW of additional carbon-free energy.
  • Carbon Emissions Reduction: Georgia Power has reduced overall carbon emissions by over 60% since 2007, primarily through shifting from coal to natural gas generation.
  • Renewable Energy: The CARES (Clean And Renewable Energy Subscription) program allows commercial and industrial customers to purchase renewable energy subscriptions. Georgia Power has added five solar farms totaling 1,068 MW through this program.
  • Grid Investment: Georgia Power has invested over $10 billion in grid strengthening over the past decade. The 2025 IRP proposes additional investments to support projected load growth of 8,200 MW over six years.
  • Coal Plant Extensions: In its 2025 IRP, Georgia Power requested to extend coal-fired unit operations at Plants Bowen and Scherer through at least 2034, reversing previous retirement commitments. This decision was driven by data center demand growth.

Southern Company publishes annual sustainability reports covering Georgia Power's environmental performance. The company is subject to federal environmental regulations (EPA) and state regulations (Georgia Environmental Protection Division).

Awards & Recognition

  • J.D. Power Business Customer Satisfaction Award (2024): Georgia Power ranked first for business customer satisfaction among Large Utilities in the South in J.D. Power's 2024 Electric Utility Business Customer Satisfaction Study. The study evaluates satisfaction across power quality and reliability, price, billing and payment, corporate citizenship, customer contact, and communications.
  • Edison Electric Institute Emergency Response Award (2025): Georgia Power crews received the EEI Emergency Response Award for their response to Hurricane Helene in 2024. This national award recognizes exceptional storm restoration efforts.
  • Economic Development Recognition: Georgia Power has been named a top utility for economic development by Site Selection magazine and other industry publications, recognizing the company's role in supporting business expansion and job creation in Georgia.

Georgia Power Recalls & Controversies

Georgia Power is a utility company and does not have product recalls. However, the company has faced significant controversies:

  • Coal Plant Extension Controversy (2025): Georgia Power's 2025 IRP requested extending coal-fired unit operations at Plants Bowen and Scherer through at least 2034, reversing previous retirement commitments. Environmental groups including the Southern Environmental Law Center and Sierra Club criticized the decision. The Sierra Club gave Georgia Power's 2025 IRP a failing grade. The company cited data center demand growth as the reason for the extension.
  • Data Center Impact on Energy Planning: Georgia's data center boom has forced Georgia Power to increase fossil fuel generation. Critics note that data center companies receive tax breaks while pollution from additional fossil fuel generation affects surrounding communities. The Georgia Recorder and Grist have published investigative reports on this dynamic.
  • Vogtle Cost Overruns: Plant Vogtle Units 3 and 4 construction faced significant delays and cost overruns. The project's total cost exceeded $30 billion, more than double the original estimate. The Georgia PSC scrutinized cost recovery requests, and customer bills included charges for the project.
  • Environmental Justice Concerns: Environmental groups have raised concerns about disproportionate pollution impacts from coal-fired plants on minority and low-income communities in Georgia. Georgia Power maintains that its facilities operate with advanced environmental controls.
  • Rate Case Disputes: Georgia Power's rate cases before the Georgia PSC have been contentious, with consumer advocacy groups arguing that rate increases place undue burden on residential customers, particularly low-income households.

Brands Owned by Southern Company

Alabama PowerEnergy Utilities

Alabama Power

Owned by Southern Company

Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.

electricityutilitiesalabama
Atlanta Gas LightEnergy Utilities

Atlanta Gas Light

Owned by Southern Company

Georgia-based natural gas utility company serving millions of customers across the state, owned by Southern Company.

natural-gasutilitiesgeorgia
Mississippi PowerEnergy Utilities

Mississippi Power

Owned by Southern Company

Mississippi-based electric utility company serving customers along the Gulf Coast, owned by Southern Company.

electricityutilitiesmississippi
Nicor GasEnergy Utilities

Nicor Gas

Owned by Southern Company

Illinois-based natural gas utility company serving customers across northern Illinois, owned by Southern Company.

natural-gasutilitiesillinois
Southern PowerEnergy Utilities

Southern Power

Owned by Southern Company

Wholesale power generation company serving utilities and municipalities across the United States, owned by Southern Company.

electricitywholesale-powerrenewable-energy
Virginia Natural GasEnergy Utilities

Virginia Natural Gas

Owned by Southern Company

Virginia-based natural gas utility company serving customers in southeastern Virginia, owned by Southern Company.

natural-gasutilitiesvirginia
View all brands owned by Southern Company

Georgia Power Ownership: Pros & Cons

Advantages

  • +Backed by Southern Company's financial resources and operational expertise
  • +Operates Plant Vogtle, the largest nuclear generator in the United States
  • +Over 60% carbon emissions reduction since 2007
  • +Invested over $10 billion in grid modernization over the past decade
  • +J.D. Power top ranking for business customer satisfaction (2024)
  • +EEI Emergency Response Award for Hurricane Helene response (2025)

Considerations

  • -Extending coal plant operations through 2034 despite previous retirement commitments
  • -Vogtle construction cost overruns exceeded $30 billion, more than double original estimates
  • -Data center demand growth driving increased fossil fuel generation
  • -Environmental justice concerns regarding coal plant pollution impacts
  • -Rate increases subject to PSC approval and public debate
  • -Regulated monopoly with no customer choice in service territory

Frequently Asked Questions About Georgia Power

Sources & Further Reading

  • Georgia Power Official Website -
  • Southern Company Investor Relations -
  • Georgia Power 2025 IRP Plan -
  • J.D. Power 2024 Electric Utility Business Customer Satisfaction Study -
  • Edison Electric Institute Emergency Response Award -
  • Southern Environmental Law Center: Coal Plant Analysis -
  • Grist: Data Center Coal Plant Impact -
  • Georgia Recorder: Coal Plant Policy Analysis -
  • Sierra Club 2025 IRP Final Grades -
  • Georgia Public Service Commission -
  • NYSE: Southern Company (SO) -
  • Wikipedia: Georgia Power -

Competitors to Georgia Power

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Atlantic City ElectricAtlantic City Electric
Exelon
USA
1924
Mass marketUnited statesAll-ages
ComEdComEd
Exelon
USA
1907
Mass marketUnited statesAll Genders
DTE ElectricDTE Electric
Dte Energy
USA
1903
Mass marketUnited statesAll Genders
ElectrabelElectrabel
Engie
Belgium
1905
Mass marketEuropeAll Genders
Alabama PowerAlabama PowerSister Brand
Southern Company
USA
1906
Mass marketUnited statesAll-ages
Mississippi PowerMississippi PowerSister Brand
Southern Company
USA
1910
Mass marketUnited statesAll-ages

Learn More About Competitors

Atlantic City ElectricEnergy Utilities

Atlantic City Electric

Owned by Exelon Corporation

New Jersey-based electric utility company serving hundreds of thousands of customers, owned by Exelon Corporation.

electricityutilitiesnew-jersey
ComEdEnergy Utilities

ComEd

Owned by Exelon Corporation

Illinois electric utility serving approximately 4 million customers in northern Illinois, owned by Exelon Corporation.

electricityutilitiespower-distribution
DTE ElectricEnergy Utilities

DTE Electric

Owned by DTE Energy Company

Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.

electricityutilitiesmichigan
ElectrabelEnergy Utilities

Electrabel

Owned by ENGIE

Belgium-based electricity generation and supply company serving millions of customers, owned by ENGIE.

electricityutilitiesbelgium
Alabama PowerEnergy Utilities

Alabama Power

Owned by Southern Company

Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.

electricityutilitiesalabama
Mississippi PowerEnergy Utilities

Mississippi Power

Owned by Southern Company

Mississippi-based electric utility company serving customers along the Gulf Coast, owned by Southern Company.

electricityutilitiesmississippi

Competitive Analysis

Market Positioning: Georgia Power competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Georgia Power

Looking for brands with different ownership structures? These similar brands are not owned by Southern Company, giving you alternative choices that support different corporate structures.

Adani PowerEnergy Utilities

Adani Power

Owned by Adani Group

India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.

power-generationenergythermal-power
Privately Owned

Adani Power is privately owned, unlike Georgia Power which is under a publicly traded parent company.

Adani Green EnergyEnergy Utilities

Adani Green Energy

Owned by Adani Group

Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.

renewable-energysolarwind
Privately Owned

Adani Green Energy is privately owned, unlike Georgia Power which is under a publicly traded parent company.

CMS EnergyEnergy Utilities

CMS Energy

Owned by CMS Energy

American energy company providing electricity and natural gas utility services to Michigan residents through Consumers Energy subsidiary.

energy-utilityelectricitynatural-gas
Publicly Traded

CMS Energy operates independently without a large parent corporation.

GE VernovaEnergy Utilities

GE Vernova

Owned by GE Vernova LLC

Independent publicly traded energy technology company spun off from General Electric in April 2024, providing gas turbines, wind turbines, grid solutions, and electrification technology globally.

energy-technologywind-powergas-turbines
Publicly Traded

GE Vernova operates independently without a large parent corporation.

Atlantic City ElectricEnergy Utilities

Atlantic City Electric

Owned by Exelon Corporation

New Jersey-based electric utility company serving hundreds of thousands of customers, owned by Exelon Corporation.

electricityutilitiesnew-jersey
Publicly Traded

Atlantic City Electric is owned by Exelon Corporation, offering a different ownership alternative.

ComEdEnergy Utilities

ComEd

Owned by Exelon Corporation

Illinois electric utility serving approximately 4 million customers in northern Illinois, owned by Exelon Corporation.

electricityutilitiespower-distribution
Publicly Traded

ComEd is owned by Exelon Corporation, offering a different ownership alternative.

Southern Company Stock Information

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Last updated: August 1, 2026

On This Page

  • Who Owns It?
  • History
  • Parent Company
  • Location
  • Sustainability
  • Awards
  • Recalls
  • Related Brands
  • Pros & Cons
  • FAQ
  • Sources