Who Owns Mississippi Power?
Mississippi Power is owned by Southern Company, a publicly traded American energy company. Mississippi Power operates as Southern Company's subsidiary in Mississippi, providing electricity to over 500,000 customers along the Mississippi Gulf Coast. The company is headquartered in Gulfport, Mississippi.
Parent Company
Southern Company
Acquired
1945
Status
Private
Headquarters
Gulfport, Mississippi, USA
Who Owns Mississippi Power?
- Parent Company: Southern Company
- Ownership Type: Subsidiary
- Acquisition Year: 1945
- Company Type: Publicly Traded
- Stock Ticker: NYSE: SO
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Mississippi Power | Southern Company | Subsidiary |
History of Mississippi Power
- Founded: 1910
- Founders: Mississippi Power Company (internal development)
- Acquired by Southern Company: 1945
Mississippi Power Company was founded in 1910 and grew to become a major electric utility serving the Mississippi Gulf Coast region. The company served customers in southern Mississippi, providing electricity to residential, commercial, and industrial customers.
Mississippi 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, Mississippi Power expanded its operations and invested in generation capacity and distribution infrastructure.
In recent years, Mississippi Power has invested in modernising its generation portfolio and distribution infrastructure. The company operates multiple generation facilities and has invested in renewable energy infrastructure and smart grid technology. Mississippi Power has also focused on improving service reliability and customer satisfaction while supporting 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 Mississippi Power Made / Based?
- Headquarters: Gulfport, Mississippi, 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...
- Georgia Power - Georgia-based electric utility company serving millions of customers across the ...
- 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...
Mississippi Power Ownership: Pros & Cons
Advantages
- +Access to Southern Company's financial resources and operational expertise
- +Investment in modern generation infrastructure 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 Mississippi Public Service Commission
- -Dependency on parent company strategic decisions and capital allocation
- -Integration challenges managing Mississippi-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 Mississippi
Frequently Asked Questions About Mississippi Power
Competitors to Mississippi 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: Mississippi 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
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