Southern Company is highlighted as a solid long-term utility investment, benefiting from a favorable regulatory environment and disciplined management. It offers a 3.4% dividend yield with 24 consecutive years of dividend increases, and is expected to see higher dividend growth as challenges with the Vogtle project ease. The company leads peers in return on invested capital and is valued attractively within the sector, with projected earnings growth of 6–8% over the next 3–5 years. Key risks include rising interest rates and political focus on electricity costs, but Southern Company's pricing power and regulatory positioning help mitigate these threats.
Data centers are rapidly increasing their power needs, doubling average loads from 150 to 300 MW between 2023 and 2024. This surge benefits regulated electric utilities that secure long-term contracts, turning infrastructure investments into reliable...
Georgia Power received approval from the Georgia Public Service Commission for 1,137 MW of new solar power purchase agreements under its CARES 2023 and CARES 2025 programs, marking the largest single solar procurement in the company's history. These ...
PowerSecure, a Southern Company subsidiary, has agreed to deliver a customized backup power solution for Keel Infrastructure's data center campus in Moses Lake, Washington. This project supports Keel's growth in digital infrastructure by ensuring rel...
