Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 3644

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 3644
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Electric utilities:Generation$57,325 $16,584 $22,587 $2,909 $14,649 $— Transmission15,561 6,152 8,402 966 — — Distribution26,482 9,775 15,380 1,327 — — General/other6,305 2,918 3,001 321 41 — Electric utilities' plant in service105,673 35,429 49,370 5,523 14,690 — Southern Company Gas:Natural gas transportation and distribution17,798 — — — — 17,798 Storage facilities1,565 — — — — 1,565 Other1,477 — — — — 1,477 Southern Company Gas plant in service20,840 — — — — 20,840 Other plant in service1,915 — — — — — Total plant in service$128,428 $35,429 $49,370 $5,523 $14,690 $20,840 The cost of replacements of property, exclusive of minor items of property, is capitalized. The cost of maintenance, repairs, and replacement of minor items of property is charged to other operations and maintenance expenses as incurred or performed with the exception of nuclear refueling costs and certain maintenance costs including those described below.In accordance with orders from their respective state PSCs, Alabama Power and Georgia Power defer nuclear refueling outage operations and maintenance expenses to a regulatory asset when the charges are incurred. Alabama Power amortizes the costs over a subsequent 18-month period with Plant Farley's fall outage cost amortization beginning in January of the following year and spring outage cost amortization beginning in July of the same year. Georgia Power amortizes its costs over each unit's operating cycle, or 18 months for Plant Vogtle Units 1 through 4 and 24 months for Plant Hatch Units 1 and 2. Georgia Power's amortization period begins the month the refueling outage starts.The portion of Southern Company Gas' non-working gas used to maintain the structural integrity of natural gas storage facilities that is considered to be non-recoverable is depreciated, while the recoverable or retained portion is not depreciated.See Note 9 for information on finance lease right-of-use (ROU) assets