Electric Light & Power names Southern Company Utility of the Year

      Electric Light & Power names Southern Company Utility of the Year

PR Newswire

ATLANTA, Jan. 28, 2013

ATLANTA, Jan. 28, 2013 /PRNewswire/ -- Electric Light & Power magazine has
designated Southern Company its Utility of the Year for the company's
demonstrated leadership in the electric utility industry in 2012. Southern
Company Chairman, President and CEO Thomas A. Fanning accepted the award
yesterday at the Electric Light & Power Executive Conference in San Diego.

(Logo: http://photos.prnewswire.com/prnh/20080801/SOCOLOGO )

"Southern Company's success is a direct result of a business model predicated
on putting our customers at the center of everything we do," said Fanning.
"This recognition is a testament to the 26,000 hard-working employees who put
our customers' interests first while providing clean, safe, reliable and
affordable power."

Electric Light & Power recognized Southern Company as the top utility for its
outstanding performance in market capitalization, innovation, construction,
job creation and customer satisfaction.

Southern Company has committed $20 billion toward securing America's energy
future through the development of the full portfolio of energy resources – new
nuclear, 21^st century coal, natural gas, renewables and energy efficiency.
This investment is estimated to create around a quarter of a million jobs in
the Southeast. As part of its commitment to developing the full portfolio,
Southern Company, through subsidiary Georgia Power, is leading the nation's
nuclear renaissance by being the first to build new nuclear units in more than
30 years with the construction of Plant Vogtle units 3 & 4 in Georgia.

The only company in the U.S. energy industry today committed to robust,
proprietary research and development, Southern Company is conducting
cutting-edge research at the nation's only carbon-capture research center, as
well as the nation's only mercury research center associated with power
generation. In addition, Southern Company has found a way forward for coal in
America with the development of Transport Integrated Gasification (TRIG™), a
21^st century coal technology that uses an abundant, low-cost fuel – low-rank
coal – to generate electricity with efficient operations and reduced
emissions. TRIG™ will be used in Southern Company subsidiary Mississippi
Power's 582-megawatt (MW) Kemper County energy facility.

As a result of its customer-focused approach, all four of Southern Company's
operating companies rank in the top quartile among U.S. utilities for customer
satisfaction, according to the American Customer Satisfaction Index, Customer
Value Benchmark Studies and TQS Key Accounts National Benchmark. Southern
Company, through its subsidiaries, strives to put a face on the company in
every community it serves. This includes operating 260 local offices across
their service territories, making it possible for virtually any customer to
walk into one of the company's offices and receive in-person service from a
local representative. As part of the company's commitment to improving the
communities it serves, thousands of company employees and retirees dedicate
more than 200,000 hours annually to community service.

With 4.4 million customers and more than 43,000 megawatts of generating
capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy
company serving the Southeast through its subsidiaries. A leading U.S.
producer of clean, safe, reliable and affordable electricity, Southern Company
owns electric utilities in four states and a growing competitive generation
company, as well as fiber optics and wireless communications. Southern Company
brands are known for energy innovation, excellent customer service, high
reliability and retail electric prices that are below the national average.
Southern Company and its subsidiaries are leading the nation's nuclear
renaissance through the construction of the first new nuclear units to be
built in a generation of Americans and are demonstrating their commitment to
energy innovation through development of a state-of-the-art coal gasification
plant. Southern Company has been recognized by the U.S. Department of Defense
and G.I. Jobs magazine as a top military employer and listed by DiversityInc
as a top company for Blacks. The company received the 2012 Edison Award from
the Edison Electric Institute for its leadership in new nuclear development,
was named Platts' 2011 Power Company of the Year and is continually ranked
among the top utilities in Fortune's annual World's Most Admired Electric and
Gas Utility rankings. Visit our website at www.southerncompany.com.

Cautionary Note Regarding Forward-Looking Statements:

Certain information contained in this release is forward-looking information
based on current expectations and plans that involve risks and uncertainties.
Forward-looking information includes, among other things, statements
concerning capital expenditures and job creation. Southern Company cautions
that there are certain factors that can cause actual results to differ
materially from the forward-looking information that has been provided. The
reader is cautioned not to put undue reliance on this forward-looking
information, which is not a guarantee of future performance and is subject to
a number of uncertainties and other factors, many of which are outside the
control of Southern Company; accordingly, there can be no assurance that such
suggested results will be realized. The following factors, in addition to
those discussed in Southern Company's Annual Report on Form 10-K for the year
ended December 31, 2011, and subsequent securities filings, could cause actual
results to differ materially from management expectations as suggested by such
forward-looking information: the impact of recent and future federal and state
regulatory changes, including legislative and regulatory initiatives regarding
deregulation and restructuring of the electric utility industry,
implementation of the Energy Policy Act of 2005, environmental laws including
regulation of water, coal combustion byproducts, and emissions of sulfur,
nitrogen, carbon, soot, particulate matter, hazardous air pollutants,
including mercury, and other substances, financial reform legislation, and
also changes in tax and other laws and regulations to which Southern Company
and its subsidiaries are subject, as well as changes in application of
existing laws and regulations; current and future litigation, regulatory
investigations, proceedings, or inquiries, including the pending Environmental
Protection Agency civil actions against certain Southern Company subsidiaries,
Federal Energy Regulatory Commission matters, and Internal Revenue Service and
state tax audits; the effects, extent, and timing of the entry of additional
competition in the markets in which Southern Company's subsidiaries operate;
variations in demand for electricity, including those relating to weather, the
general economy and recovery from the recent recession, population and
business growth (and declines), the effects of energy conservation measures,
and any potential economic impacts resulting from federal fiscal and budgetary
decisions; available sources and costs of fuels; effects of inflation; ability
to control costs and avoid cost overruns during the development and
construction of facilities, which includes projects involving facility designs
that have not been finalized or previously constructed; investment performance
of Southern Company's employee benefit plans and nuclear decommissioning trust
funds; advances in technology; state and federal rate regulations and the
impact of pending and future rate cases and negotiations, including rate
actions relating to fuel and other cost recovery mechanisms; regulatory
approvals and actions related to the Plant Vogtle expansion, including Georgia
Public Service Commission approvals, Nuclear Regulatory Commission actions,
and potential U.S. Department of Energy loan guarantees; regulatory approvals
and actions related to the Kemper County integrated coal gasification combined
cycle facility, including Mississippi Public Service Commission approvals,
potential U.S. Department of Energy loan guarantees, the South Mississippi
Electric Power Association purchase decision, satisfaction of requirements to
utilize investment tax credits and grants, and the outcome of any further
proceedings regarding the Mississippi Public Service Commission's issuance of
the certificate of public convenience and necessity; the performance of
projects undertaken by the non-utility businesses and the success of efforts
to invest in and develop new opportunities; internal restructuring or other
restructuring options that may be pursued; potential business strategies,
including acquisitions or dispositions of assets or businesses, which cannot
be assured to be completed or beneficial to Southern Company or its
subsidiaries; the ability of counterparties of Southern Company and its
subsidiaries to make payments as and when due and to perform as required; the
ability to obtain new short- and long-term contracts with wholesale customers;
the direct or indirect effect on the Southern Company system's business
resulting from terrorist incidents and the threat of terrorist incidents,
including cyber intrusion; interest rate fluctuations and financial market
conditions and the results of financing efforts, including Southern Company's
and its subsidiaries' credit ratings; the impacts of any potential U.S. credit
rating downgrade or other sovereign financial issues, including impacts on
interest rates, access to capital markets, impacts on currency exchange rates,
counterparty performance, and the economy in general, as well as potential
impacts on the availability or benefits of proposed U.S. Department of Energy
loan guarantees; the ability of Southern Company and its subsidiaries to
obtain additional generating capacity at competitive prices; catastrophic
events such as fires, earthquakes, explosions, floods, hurricanes, droughts,
pandemic health events such as influenzas, or other similar occurrences; the
direct or indirect effects on the Southern Company system's business resulting
from incidents affecting the U.S. electric grid or operation of generating
resources; and the effect of accounting pronouncements issued periodically by
standard setting bodies. Southern Company expressly disclaims any obligation
to update any forward-looking information.

SOURCE Southern Company

Website: http://www.southerncompany.com
Contact: Southern Company Media Relations, +1-404-506-5333 or 866-506-5333
Press spacebar to pause and continue. Press esc to stop.