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SOUTHERN COMPANY (SO)
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Southern : Georgia Power recognizes Agnes Scott College for energy efficiency efforts

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07/27/2017 | 05:15am CET

ATLANTA - July 26, 2017 - Georgia Power recently joined leaders from Agnes Scott College to present a $100,000 rebate check as part of the company's Commercial Energy Efficiency program. The rebate was awarded to the college in recognition of the completion of a variety of energy efficiency upgrades at the Decatur campus. During a special event at Agnes Scott College on Tuesday, July 25, the company presented a rebate check as part of Georgia Power's Commercial Energy Efficiency program.

Agnes Scott College earned the rebate by completing various energy efficiency upgrades including upgrading lighting in more than 15 facilities on the campus, replacing chillers that serve a large portion of the campus and conversions of airflow reductions and valve retrofits. With the recent upgrades, Georgia Power estimates that Agnes Scott College may be able to reduce total energy use by more than 2,000 megawatt-hours annually.

Since the program's inception in 2011, Georgia Power's Commercial Energy Efficiency program has awarded more than $44 million in rebates. The program includes educational resources, rebates and incentives available to all commercial customers such as school systems, universities, hospitals, museums and many more. For more information, visit www.georgiapower.com/commercialsavings.

About Georgia Power

Georgia Power is 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 the 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, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, 21st century coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is consistently recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.comand connect with the company on Facebook (Facebook.com/GeorgiaPower) and Twitter (Twitter.com/GeorgiaPower).

Southern Company published this content on 26 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2017 03:14:02 UTC.

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Financials ($)
Sales 2017 22 511 M
EBIT 2017 5 292 M
Net income 2017 1 680 M
Debt 2017 47 233 M
Yield 2017 5,19%
P/E ratio 2017 18,87
P/E ratio 2018 14,72
EV / Sales 2017 4,08x
EV / Sales 2018 4,06x
Capitalization 44 601 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 49,6 $
Spread / Average Target 12%
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Managers
NameTitle
Thomas A. Fanning Chairman, President & Chief Executive Officer
Kimberly S. Greene Chief Operating Officer & Executive Vice President
Arthur P. Beattie Chief Financial Officer & Executive Vice President
Kenneth E. Coleman Chief Information Officer & Senior Vice President
Warren A. Hood Independent Director
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