2018 Annual Meeting of Stockholders

Investor Fact Sheet

One of America’s Premier Energy Companies

  • 46,000 megawatts of electric generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving approximately 9.0 million electric and gas customers through 11 premier state-regulated utilities, a competitive generation company serving wholesale customers across America and a nationally-recognized provider of customized energy solutions.

  • Consistently listed among the top U.S. electric service providers by American Customer Satisfaction Index.

Financial Integrity Goals

  • Achieve an attractive risk-adjusted return, supported by a simple, transparent business model and sound financial policy.

  • Support a strong credit profile and preserve the ability to invest in additional value-accretive projects.

Dividend Objective of Regular, Predictable and Sustainable Growth

  • 70 consecutive years of dividends equal to or greater than the previous year.

  • 280 quarters of consecutive dividends that have been the same or higher than the previous quarter.

Energy Mix​

What Distinguishes Southern Company

Electric Operating Companies
  • Only electric utility system in the U.S. committed to developing the full portfolio of generation resources including carbon-free nuclear, natural gas, renewables, energy efficiency and storage technology.
Southern Company Gas
  • Natural gas distribution operator in the U.S. with seven state-regulated local distribution companies (LDCs), serving over 4.5 million customers. Midstream operations include investments in six pipelines, including Southern Natural Gas. Gas marketing services complement LDCs and midstream investments.
Southern Power
  • America’s premier wholesale energy partner investing in clean energy solutions serving municipalities, electric cooperatives, investor-owned utilities and other energy customers.
  • Energy technology and service provider to electric utilities and large industrial, commercial, institutional and municipal customers.

Substantial Carbon-free Energy Portfolio
  • Over 12,000 megawatts of carbon-free energy sources with approximately 8,500 megawatts of renewable energy and 3,700 of carbon-free nuclear generation.*
Research and Development
  • Industry leader in conducting robust research, development and deployment of new, innovative energy technologies.

  • Major focus on greenhouse gas emissions reduction and a record of technology advancement dating back to the 1960s.

  • Generally, with respect to energy generated or purchased by any of the traditional electric operating companies from renewable resources, if the traditional electric operating company receives the renewable energy credits (RECs) associated with such energy, it has the right to use the renewable energy to serve customers or to sell the energy and associated RECs, together or separately, to third parties for the benefit of customers. If the traditional electric operating company does not receive the RECs, the owner of the RECs has the right to use or sell them.