
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.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Georgia Power | Southern Company | Subsidiary |
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.
What does Southern Company own?
Southern Company owns a portfolio of regulated utility subsidiaries including Georgia Power (electric utility serving 2.7 million customers in Georgia), Alabama Power (electric utility serving 1.5 million customers in Alabama), Mississippi Power (electric utility serving 200,000 customers in Mississippi), Southern Power (wholesale power generation), and Southern Company Gas, which operates Atlanta Gas Light, Nicor Gas, and Virginia Natural Gas. Together, these subsidiaries serve over 9 million customers across multiple states.
Is Southern Company publicly traded?
Yes. Southern Company is publicly traded on the New York Stock Exchange under ticker SO. The company is owned by its shareholders, with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Corporation.
When was Southern Company founded?
Southern Company was founded in 1945 as a holding company for various utility operations in the southeastern United States. The company has grown through consolidation of regional utility companies and strategic acquisitions over the decades.
How many customers does Southern Company serve?
Southern Company serves over 9 million customers through its subsidiaries. This includes approximately 4.4 million electric customers served by Georgia Power, Alabama Power, and Mississippi Power, and approximately 4.4 million natural gas customers served by Atlanta Gas Light, Nicor Gas, and Virginia Natural Gas.
What are Southern Company's main subsidiaries?
Southern Company's main subsidiaries include Georgia Power, Alabama Power, and Mississippi Power (regulated electric utilities), Southern Power (wholesale power generation), and Southern Company Gas, which operates Atlanta Gas Light, Nicor Gas, and Virginia Natural Gas (natural gas distribution).
Who leads Southern Company?
Christopher C. Womack serves as Chairman, President, and CEO of Southern Company. He assumed the role in 2023 and is the first African American to lead a major U.S. energy company. Womack previously served as CEO of Southern Company Gas and as executive vice president of Southern Company.
Georgia Power's sustainability practices fall under Southern Company's environmental framework, which targets net-zero emissions by 2050.
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).
Georgia Power is a utility company and does not have product recalls. However, the company has faced significant controversies:
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Exelon | USA | 1924 | Mass market | United states | All-ages | |
| Exelon | USA | 1907 | Mass market | United states | All Genders | |
| Dte Energy | USA | 1903 | Mass market | United states | All Genders | |
| Engie | Belgium | 1905 | Mass market | Europe | All Genders | |
| Southern Company | USA | 1906 | Mass market | United states | All-ages | |
| Southern Company | USA | 1910 | Mass market | United states | All-consumers |
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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.
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