Georgia Power parent saw profits rise to start 2026, thanks to data centers
News ClipAJC.com·GA·4/30/2026
Southern Co., parent company of Georgia Power, reported a slight increase in profits for the first quarter of 2026, reaching $1.36 billion. This rise is largely attributed to the surge of energy-hungry data centers in Georgia and neighboring states. The company's earnings were up 1.65% compared to the same period last year.
electricity
Atlanta-based Southern Co., the parent company of utilities including Georgia Power, Alabama Power, and Mississippi Power, announced a 1.65% increase in its profits for the first three months of 2026, totaling $1.36 billion. The utility attributes this financial growth to the continued influx of energy-intensive data centers establishing operations across Georgia and its neighboring states within Southern Co.'s service territory. The rising demand for electricity from these facilities has positively impacted the company's earnings compared to the same period in the previous year, highlighting the economic influence of the expanding data center industry in the region.