Data centers give a jolt to Georgia Power parent company’s profits
Business
Southern Co.’s third quarter earnings report comes with voting for two seats on Georgia’s state utility regulator underway.
Southern Co.’s earnings show Georgia Power is already the utility giant’s most profitable division. Georgia Power earned $1.25 billion in the third quarter this year, up almost 19% from the same period a year ago. (Arvin Temkar/AJC 2023)
Atlanta-based Southern Co., the parent of Georgia Power, saw profits climb 11.5% in the third quarter compared to the same period last year, the utility and energy conglomerate announced Thursday.
Southern earned $1.71 billion between July and the end of September, up from $1.54 billion during the same months last year. The company’s third quarter revenues also rose about 7.6% compared to 2024.
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Drew Kann is a reporter at The Atlanta Journal-Constitution covering climate change and environmental issues. His passion is for stories that capture how humans are responding to a changing environment. He is a proud graduate of the University of Georgia and Northwestern University, and prior to joining the AJC, he held various roles at CNN.
Drew Kann is a reporter at The Atlanta Journal-Constitution covering climate change and environmental issues. His passion is for stories that capture how humans are responding to a changing environment. He is a proud graduate of the University of Georgia and Northwestern University, and prior to joining the AJC, he held various roles at CNN.



