Georgia Power placed Plant Vogtle Unit 4 in service on April 29, 2024, a significant milestone in the company's nuclear expansion strategy.

The Georgia PSC approved Georgia Power's updated IRP, which includes the authority to develop, own, and operate up to 1,400 MWs from three simple cycle combustion turbines at Plant Yates, indicating a focus on expanding generation capacity.

Mississippi Power filed its 2024 IRP with the Mississippi PSC, which includes a schedule to retire Plant Watson Unit 4 and Plant Greene County Units 1 and 2, indicating a shift in generation strategy.

The Southern Company system continues to focus on key performance indicators including customer satisfaction, plant availability, electric and natural gas system reliability, and execution of major construction projects.

Georgia Power's net capital costs incurred through March 31, 2024, in connection with Plant Vogtle Units 3 and 4 are $10.8 billion, reflecting management's efforts to control costs.

Southern Company Gas utilizes weather hedges to limit negative income impacts in the event of warmer-than-normal weather in Illinois for gas distribution operations and in Illinois and Georgia for gas marketing services.

The EPA released pre-publication copies of the final rule revising the Steam Effluent Guidelines and the final legacy CCR surface impoundments rule, which could result in significant compliance costs.

The Registrants are involved in various matters being litigated and regulatory matters, including a civil action alleging violations of the False Claims Act related to DOE grants, and a citizen suit alleging violations of the Resource Conservation and Recovery Act, which could have a material impact on financial statements.

The Registrants are exposed to global and U.S. economic conditions, including impacts from geopolitical conflicts, recession, inflation, interest rate fluctuations, and financial market conditions, which could impact future energy demand and operating costs.

The Registrants operate in competitive markets, including from the development and deployment of alternative energy sources, which could impact market share and profitability.

Southern Power's wholesale electric business depends on the parameters of the wholesale market and the efficient operation of its wholesale generating assets, indicating a need to maintain a competitive position.

Southern Company Gas' operations are subject to market volatility in energy-related commodity prices, which can adversely affect its results of operations.

Total operating expenses for the three months ended March 31, 2024 were $4,943 million, compared to $5,262 million for the same period in 2023, indicating a decrease in expenses.

Georgia Power's fuel costs decreased in the first quarter 2024, reflecting management's efforts to control fuel expenses.

Southern Company Gas' operating expenses decreased in the first quarter 2024, reflecting management's efforts to control operating costs.

Southern Power continues to invest in renewable energy facilities, including solar and wind projects, indicating a commitment to innovation and technology.

Georgia Power placed Plant Vogtle Unit 4 in service, demonstrating the company's commitment to advancing nuclear technology.

Southern Company Gas is involved in energy efficiency enhancement and upgrade contracts, indicating a focus on innovation in energy management.

Southern Company issued additional senior notes in February 2024, indicating ongoing financing activities.

Georgia Power issued senior notes in February 2024, indicating ongoing financing activities.

Mississippi Power issued senior notes in March 2024, indicating ongoing financing activities.

The Registrants are subject to environmental laws and regulations governing the handling and disposal of waste and releases of hazardous substances, which may result in significant compliance costs.

Southern Power continues to invest in renewable energy facilities, including solar and wind projects, demonstrating a commitment to sustainability.

The Registrants are focused on maintaining system reliability and resiliency, which includes efforts to reduce emissions and improve energy efficiency.

Natural gas usage and operating revenues are generally higher in periods of colder weather, indicating a sensitivity to weather conditions.

The Registrants are subject to various regulatory changes, including those related to environmental rules, which could impact future earnings and compliance costs.

Global and U.S. economic conditions, including inflation and interest rate fluctuations, could impact future energy demand and operating costs.