The Southern Company System

Business scope

The Southern Company System is the core entity for The Southern Company’s electric utility operations. It covers system structure, customer service, and regulatory interaction.

Core operations and programs

• Construction Programs (I-1 to I-4): Capital construction programs for building and expanding generation, transmission, and distribution assets.
• Financing Programs (I-4 to I-5): Administration of financing to support capital investments, project financing, and capital structure needs.
• Fuel Supply (I-5): Management of fuel supply, procurement, and logistics for generation plants (coal, natural gas, and other fuels as applicable).

Geography and customer base

• Territory and Customers Served by the Southern Company System (I-6): A defined geographic service territory with a specific customer base served within that area.

Competitive and regulatory environment

• Competition (I-8): The business faces competitive pressures that vary by market and segment.
• Regulation (I-10): Operations are governed by a regulatory framework that addresses pricing, service standards, and approvals.
• Rate Matters (I-10 to I-11): Regulatory considerations related to rate setting and adjustments.

Market dynamics and seasonality

• Seasonality (I-10): Energy demand and financial results can reflect seasonal patterns driven by heating and cooling loads.

Human capital and governance

• Human Capital (I-11 to I-13): Focus on workforce management, talent development, and related human capital matters.
• Information about Our Executive Officers (I-40): Disclosure of the company’s leadership team as part of governance.

Risk, compliance, and security

• Item 1A Risk Factors (I-15): Disclosure of material risks affecting the business.
• Item 1B Unresolved Staff Comments (I-28): Compliance-related communications with the SEC.
• Item 1C Cybersecurity (I-28): Cybersecurity risks and related controls.

Assets and physical footprint

• Properties (I-32): Ownership or operation of tangible properties and assets used in the business.

Legal and safety matters

• Legal Proceedings (I-38): Ongoing litigation and legal matters.
• Mine Safety Disclosures (I-39): Safety disclosures related to mining operations.

Leadership and officers

• Information about Our Executive Officers (I-40): Details on executive leadership and responsibilities.