Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1988

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 1988
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Gas marketing services is comprised of SouthStar, which serves approximately 668,000 natural gas commodity customers, markets gas to residential, commercial, and industrial customers and offers energy-related products that provide natural gas price stability and utility bill management in competitive markets or markets that provide for customer choice.

Construction Programs

The subsidiary companies of Southern Company are engaged in continuous construction programs, including capital expenditures to accommodate existing and estimated future loads on their respective systems and to comply with environmental laws and regulations, as applicable. In 2025, the Southern Company system's construction program is expected to be apportioned approximately as follows:

Southern Company           system(a)(b)(c)(d)Alabama   Power(c)Georgia   Power(d)Mississippi Power(in billions)New generation$3.7 $0.7 $3.0 $— Environmental compliance(e)0.2 0.1 0.2 — Generation maintenance1.3 0.4 0.8 0.1 Transmission2.6 0.5 2.1 — Distribution1.9 0.4 1.4 0.1 Nuclear fuel0.3 0.1 0.2 — General plant1.7 0.7 1.0 0.1 11.8 2.9 8.6 0.3 Southern Power(f)0.9 Southern Company Gas(g)2.0 Other subsidiaries0.1 Total(a)$14.8 $2.9 $8.6 $0.3 

(a)Totals may not add due to rounding.

(b)Includes the Subsidiary Registrants, as well as other subsidiaries.

(c)Includes $640 million contingent upon approval by the Alabama PSC related to Alabama Power's October 2024 CCN filing. See Note 2 to the financial statements under "Alabama Power – Petition for Certificate of Convenience and Necessity" in Item 8 herein for additional information.

(d)Includes committed expenditures related to generation construction projects Georgia Power has bid through a request for proposals (RFP) as initiated in the 2022 IRP. Excludes all other expenditures not yet approved for Georgia Power-owned proposals in RFPs and related transmission investments. See Note 2 to the financial statements under "Georgia Power – Integrated Resource Plans" in Item 8 herein for additional information.

(e)Reflect