Georgia Power Co. engages in the generation, transmission, distribution, and purchase of electricity. It maintains a diverse generation mix that includes nuclear, coal and natural gas, and renewable such as solar, hydroelectric, and wind. The company was founded in 1883 and is headquartered in Atlanta, GA.

Georgia Power Company Series 2017A 5.00 Percent Junior Subordinated Notes due October 1, 2077

Southern Company

Georgia Power Economic Development

High reliability, low prices and high customer satisfaction are cornerstones of our customer commitment, but it doesn't end there. We're equally dedicated to giving back to the communities we serve. Our vision to be "A Citizen Wherever We Serve" still holds true, more than 100 years after it was coined by our first company president, Preston Arkwright Sr.

We are the largest subsidiary of Southern Company (NYSE: SO), one of the nation’s largest generators of electricity. Value, Reliability, Customer Service and Stewardship are the cornerstones of our company’s promise to 2.5 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, we maintain a diverse, innovative generation mix that includes nuclear, 21st century coal and natural gas, as well as renewables such as solar, hydroelectric and wind.  

We focus on delivering world-class service to its customers every day and we are consistently recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with us on Facebook (Facebook.com/GeorgiaPower) and Twitter (Twitter.com/GeorgiaPower).

Georgia Power Company

We are proud to be led by individuals who are both pioneers of energy innovation and team members that have been on the ground floor, driving the change. With a background in engineering, our Chairman, President and CEO, Kim Greene, not only inspires our current team but also motivates future generations to consider a #CareerInEnergy. Thank you for steering us toward a brighter, more energized future. 🙌
 
#EngineeringExcellence #Leadership #EnergyIndustry #Engineers #NationalEngineersWeek

Meet Dee, one of our engineers at Plant Scherer! During #NationalEngineersWeek, we're thrilled to highlight the exceptional work of our engineering team and their significant contributions to Georgia. 

With women comprising just 14% of engineers in the US, we're committed to driving change. Curious about a #CareerInEnergy? Visit poweringcareers.com to delve deeper! 💼💡 #WomenInSTEM #EngineeringExcellence

Have you heard about the HBCU Pathways Program? We’ve teamed up with our partners at the Atlanta Hawks to empower the next generation of Black leaders right here in Atlanta. Last year, we helped welcome six interns to spend the summer with the Atlanta Hawks. This program aims to nurture diverse talent in sports, entertainment, and hospitality industries, providing a platform for growth and exploration.

Throughout a dynamic nine-week internship, our interns delved into various career paths within sports while participating in educational and professional development seminars. We're proud to offer opportunities for hands-on learning and support the Atlanta Hawk’s goal of helping these students pave the way for future success.

Our partnership extends beyond just this program – and we are excited to continue working with the Atlanta Hawks to spread #GoodEnergy across Georgia. Applications for the 2024 Internship program are now open! 

For more information on how you can apply, visit https://lnkd.in/g6NmzpEY   #BlackHistoryMonth #InclusiveLeadership

Exciting news from #PlantVogtle! 🎉 We are proud to share that Unit 4 has achieved initial criticality! This means that our skilled team of operators has safely started the nuclear reaction inside the second reactor. 

Building on the long-standing record of safe and dependable operations at Vogtle Units 1 and 2, and the commercial operation of Unit 3 in July 2023, we're witnessing history as Plant Vogtle progresses to become the largest four-unit nuclear site in the United States. The new Vogtle units are an essential part of our commitment to delivering clean, safe, reliable, and affordable energy to all of our customers and their enterprises. 

For more information on this incredible milestone, visit https://lnkd.in/eAYp7PT4

At Georgia Power, safety is our top value; this means we are committed to keeping you informed and prepared for any weather challenges. In this spirit, we are joining GEMA and NWS to celebrate Georgia Severe Weather Preparedness Week! ⚡🌩️
 
This week highlights the importance of readiness for severe weather. Our Storm Center Manager, Jason Stott, shares how we’re investing in smart grid technology and crew training to bolster grid resilience.
 
Stay ahead of the storm with us. Discover our resources to stay connected and informed by visiting georgiapower.com/strom #SafetyFirst #SevereWeatherPrep  #gawx

At Georgia Power, Intentional Inclusivity is a guiding value embedded in our culture. We believe in celebrating diversity and fostering inclusivity every single day of the year by marking significant milestones of equity and community engagement. This #BlackHistoryMonth and throughout 2024, stay tuned as we highlight and amplify the stories, history, and contributions of generations of African Americans in our nation. #FuelingEquity

For more than three decades, Plant Vogtle has been a dedicated certified wildlife habitat, contributing to the preservation of the surrounding habitats. 🐦⬛ Over the expansive 3100 acres of the site, we've strategically planted native trees to foster a vibrant ecosystem. 🌳 Join us in commemorating Georgia's picturesque, cultural, and recreational gems that make it such an amazing place to call home. 

Learn more about our commitment to conservation and recreation at https://lnkd.in/eCcvEJj5 💚 #PoweringGeorgia #Conservation #PlantVogtle #Vogtle

Meet Jimmy, one of our exceptional Boiler Turbine Operator at Plant Scherer! His dedication fuels the heart and soul of our plant, contributing to the generation of power that lights up Georgia. Without individuals like him, our mission to provide clean, safe, reliable, and affordable electricity wouldn't be possible.
 
Working on our generation team offers a unique opportunity for a hands-on and fulfilling career where you can truly make a meaningful impact. 💼 If you or someone you know is interested in a career in energy, explore the possibilities at poweringcareers.com. Join us in shaping the future of energy in Georgia! ⚡ #EnergyCareer #PlantScherer #PoweringGeorgia

Just as you prepare your homes and businesses for freezing weather, our team prepares our power plants across Georgia. To brace for the upcoming severe cold conditions, our experienced teams work in advance to winterize our plants. Teams stay stationed on-site, ready to address any unexpected situations that may arise.

Please stay safe during the severe weather and take some time to prepare your home --- and check out our tips for managing severe cold and storms. For more information, visit http://georgiapower.com.

Honoring the work of Dr. Martin Luther King Jr extends further than just today’s holiday. At Georgia Power, we honor the history and work of leaders like Dr. King 365 days a year by striving to be A Citizen Wherever We Serve. We could not be more grateful to our statewide team for going out into communities every week to help support Georgia. 

But today especially, across the state, our employees honored Dr King’s call to help our neighbors through beautification work at local schools, donating and filling food pantries, cleaning and donating items to crisis support homes, and so much more. We are excited to continue supporting Georgia all of 2024!

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	1.72B -	1.57B 8.43%	584M 62.92%	1.81B 210.45%	2.08B 14.73%
depreciation and amortization	1.19B -	1.61B 34.70%	1.56B 3.11%	1.62B 4.17%	1.91B 18.00%
deferred income tax				670M -
stock based compensation				127M -
change in working capital	132M -	-211M 259.85%	29M 113.74%	-402M 1,486.21%	-277M 31.09%
accounts receivables	177M -	-114M 164.41%	81M 171.05%	-286M 453.09%	-57M 80.07%
inventory	-45M -	-97M 115.56%	-52M 46.39%	-116M 123.08%	-343M 195.69%
accounts payables				1.02B -
other working capital				-1.02B -	123M 112.05%
other non cash items	-138M -	-187M 35.51%	577M 408.56%	-1.79B 410.57%	-965M 46.15%
net cash provided by operating activities	2.91B -	2.78B 4.23%	2.75B 1.33%	2.04B 25.81%	2.75B 35.03%
investments in property plant and equipment	-3.51B -	-3.44B 1.85%	-3.38B 2.00%	-3.90B 15.55%	-4.79B 22.69%
acquisitions net
purchases of investments
sales maturities of investments
other investing activites	-375M -	-58M 84.53%	-214M 268.97%	-53M 75.23%	-293M 452.83%
net cash used for investing activites	-3.88B -	-3.50B 9.83%	-3.59B 2.48%	-3.95B 10.14%	-5.08B 28.45%
debt repayment	-723M -	-1.36B 87.97%	-490M 63.94%	-666M 35.92%	-1.79B 169.22%
common stock issued
common stock repurchased
dividends paid	-1.58B -	-1.54B 2.16%	-1.65B 6.94%	-1.69B 2.55%	-1.85B 9.70%
other financing activites	2.49B -	2.22B 11.07%	3.01B 35.53%	4.72B 57.02%	1.98B 57.97%
net cash used provided by financing activities	918M -	676M 26.36%	867M 28.25%	2.36B 172.55%	1.92B 18.66%
effect of forex changes on cash
net change in cash	-60M -	-43M 28.33%	24M 155.81%	447M 1,762.50%	-405M 190.60%
cash at beginning of period	112M -	52M 53.57%	9M 82.69%	33M 266.67%	480M 1,354.55%
cash at end of period	52M -	9M 82.69%	33M 266.67%	480M 1,354.55%	75M 84.38%
operating cash flow	2.91B -	2.78B 4.23%	2.75B 1.33%	2.04B 25.81%	2.75B 35.03%
capital expenditure	-3.51B -	-3.44B 1.85%	-3.38B 2.00%	-3.90B 15.55%	-4.79B 22.69%
free cash flow	-603M -	-661M 9.62%	-629M 4.84%	-1.86B 196.18%	-2.03B 9.18%

GPJA

COM:GEORGIAPOWER

Georgia Power

Last Close

22.85

22/11 21:00

Market Cap

232.09M

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12.89K

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