Who Owns Georgia Power?
Georgia Power is owned by Southern Company, a publicly traded American energy company. Georgia Power operates as Southern Company's primary subsidiary in Georgia, providing electricity to over 2.7 million customers across the state. The company is headquartered in Atlanta, Georgia.
Parent Company
Southern Company
Acquired
1945
Status
Private
Headquarters
Atlanta, Georgia, USA
Who Owns Georgia Power?
- Parent Company: Southern Company
- Ownership Type: Subsidiary
- Acquisition Year: 1945
- Company Type: Publicly Traded
- Stock Ticker: NYSE: SO
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Georgia Power | Southern Company | Subsidiary |
History of Georgia Power
- Founded: 1902
- Founders: Georgia Power Company (internal development)
- Acquired by Southern Company: 1945
Georgia Power Company was founded in 1902 and grew to become one of the largest electric utilities in the Southeast. The company served the state of Georgia, providing electricity to residential, commercial, and industrial customers.
Georgia Power became part of Southern Company in 1945 when Southern Company was formed as a holding company for various utility operations in the Southeast. Under Southern Company's ownership, Georgia Power expanded significantly, investing in generation capacity and distribution infrastructure.
In recent years, Georgia Power has invested substantially in modernising its generation portfolio, including significant investments in nuclear power. The company operates the Vogtle Electric Generating Plant, which includes the first new nuclear units built in the United States in 30 years. Georgia Power has also invested in renewable energy infrastructure and smart grid technology to support the energy transition.
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
Where Is Georgia Power Made / Based?
- Headquarters: Atlanta, Georgia, USA
- Manufacturing / Operations: United States
Brands Owned by Southern Company
- Alabama Power - Alabama-based electric utility company serving millions of customers across the ...
- Atlanta Gas Light - Georgia-based natural gas utility company serving millions of customers across t...
- Mississippi Power - Mississippi-based electric utility company serving customers along the Gulf Coas...
- Nicor Gas - Illinois-based natural gas utility company serving customers across northern Ill...
- Southern Power - Wholesale power generation company serving utilities and municipalities across t...
- Virginia Natural Gas - Virginia-based natural gas utility company serving customers in southeastern Vir...
Georgia Power Ownership: Pros & Cons
Advantages
- +Access to Southern Company's financial resources and operational expertise
- +Investment in modern generation infrastructure including nuclear and renewable energy
- +Integration with one of the largest energy providers in the United States
- +Strong focus on reliability and customer service
- +Support for clean energy transition and grid modernisation
- +Operational stability backed by Southern Company's financial strength and experience
Considerations
- -Regulatory oversight from Georgia Public Service Commission
- -Dependency on parent company strategic decisions and capital allocation
- -Integration challenges managing Georgia-specific market conditions and regulations
- -Environmental compliance requirements across service territory
- -Exposure to weather-related impacts on customer demand and operations
- -Rate regulation limiting pricing flexibility
- -Political and regulatory risk in Georgia
Frequently Asked Questions About 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.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Exelon | USA | 1907 | Mass Market | North America | All Genders | |
| Dte Energy | USA | 1903 | Mass Market | North America | All Genders | |
| Exelon | USA | 1924 | Mass Market | North America | All Genders | |
| Exelon | USA | 1816 | Mass Market | North America | All Genders | |
| Exelon | USA | 1909 | Mass Market | North America | All Genders | |
| Engie | Belgium | 1905 | Mass Market | Global | All Genders |
Learn More About Competitors
ComEd
Owned by Exelon Corporation
Illinois-based electric utility company serving millions of customers in northern Illinois, owned by Exelon Corporation.
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.
Atlantic City Electric
Owned by Exelon Corporation
New Jersey-based electric utility company serving hundreds of thousands of customers, owned by Exelon Corporation.
Baltimore Gas and Electric
Owned by Exelon Corporation
Maryland-based electric and natural gas utility company serving millions of customers in central Maryland, owned by Exelon Corporation.
Delmarva Power
Owned by Exelon Corporation
Delaware and Maryland-based electric and natural gas utility company serving hundreds of thousands of customers, owned by Exelon Corporation.
Electrabel
Owned by ENGIE
Belgium-based electricity generation and supply company serving millions of customers, owned by ENGIE.
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.
Southern Company Stock Information
Jobs at Southern Company
Latest News About Georgia Power
Related Articles About Georgia Power
View more articles
Monthly M&A Roundup: February 2026 Brand Ownership Changes
From Keurig Dr Pepper's planned split to the Netflix-WBD saga, here is every major brand ownership change and deal in February 2026.
The Most Acquired Categories: Tech vs CPG vs Pharma
Which industries see the most brand acquisitions? We compared technology, consumer goods, and pharmaceuticals to find out where the most M&A activity happens and why.
The Truth About 'Made in America' Brand Claims
Many brands market themselves as American-made. But what does that actually mean when the parent company is foreign, the parts come from overseas, and 'assembled in USA' is not the same as 'made in USA'?
People Also Searched
Discover popular brands and companies in the Energy & Utilities category and related searches from other users.
Adani Green Energy
Indian renewable energy company providing solar and wind power solutions, owned by Adani Group.
Adani Power
Indian power generation company providing thermal and renewable energy solutions, owned by Adani Group.
Alabama Power
Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.