The Southern Company (SO) |
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The Southern's Comment on Competitors and Industry Peers
The electric utility industry in the United States is continuing to evolve
as a result of regulatory and competitive factors. Among the early primary agents
of change was the Energy Policy Act of 1992 which allowed IPPs to access a utilitys
transmission network in order to sell electricity to other utilities.
The competition for retail energy sales among competing suppliers of energy
is influenced by various factors, including price, availability, technological
advancements, service, and reliability. These factors are, in turn, affected
by, among other influences, regulatory, political, and environmental considerations,
taxation, and supply.
The retail service rights of all electric suppliers in the State of Georgia
are regulated by the Territorial Electric Service Act of 1973. Pursuant to the
provisions of this Act, all areas within existing municipal limits were assigned
to the primary electric supplier therein. Areas outside of such municipal limits
were either to be assigned or to be declared open for customer choice of supplier
by action of the Georgia PSC pursuant to standards set forth in this Act. Consistent
with such standards, the Georgia PSC has assigned substantially all of the land
area in the state to a supplier. Notwithstanding such assignments, this Act
provides that any new customer locating outside of 1973 municipal limits and
having a connected load of at least 900 KWs may exercise a one-time choice for
the life of the premises to receive electric service from the supplier of its
choice.
Generally, the traditional operating companies have experienced, and expect
to continue to experience, competition in their respective retail service territories
in varying degrees from the development and deployment of alternative energy
sources such as self-generation (as described below) and distributed generation
technologies, as well as other factors.
Southern Power competes with investor owned utilities, IPPs, and others for
wholesale energy sales primarily in the Southeastern U.S. wholesale market.
The needs of this market are driven by the demands of end users in the Southeast
and the generation available. Southern Powers success in wholesale energy sales
is influenced by various factors including reliability and availability of Southern
Powers plants, availability of transmission to serve the demand, price, and
Southern Powers ability to contain costs.
Gulf Power currently has agreements in effect with various industrial, commercial,
and qualifying facilities pursuant to which Gulf Power purchases "as available"
energy from customer-owned generation. During 2013, Gulf Power purchased 266
million KWHs from such companies for approximately $10.2 million.
Mississippi Power currently has a cogeneration agreement in effect with one
of its industrial customers. Under the terms of this contract, Mississippi Power
purchases any excess generation. During 2013, Mississippi Power did not purchase
any excess generation from this customer.
*Market share is calculated based on total revenue.
Who are The Southern Company's Competitors?
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This Year
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The Aes Corporation
Profile
The Aes Corporation is a global power company that operates and develops utility-scale solar and wind power projects, as well as energy storage solutions. They generate and sell electricity to governments, utilities, and commercial customers, while continuously innovating to provide sustainable and reliable energy solutions.
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American Electric Power Co Inc Share Performance
-4.44%
One Year
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American Electric Power Co Inc
Profile
American Electric Power Co Inc operates as a regulated utility company, generating and distributing electricity to customers in various states. They focus on providing reliable and affordable power while adhering to regulatory requirements and ensuring operational efficiencies.
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Cms energy Corporation Share Performance
+5.43%
This Quarter
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Cms energy Corporation
Profile
CMS Energy Corporation is a utility company that operates primarily through its subsidiary, Consumers Energy, providing electricity and natural gas services to customers in Michigan. They generate and purchase electricity, distribute it to customers, and offer various energy management and conservation programs.
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Dominion Energy Inc Share Performance
+5.11%
This Quarter
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Dominion Energy Inc
Profile
Dominion Energy Inc operates as a diversified energy company, engaging in the generation, transmission, distribution, and sale of electricity and natural gas. It primarily serves utility and retail energy customers in the Mid-Atlantic, Midwest, Northeast, and Western United States.
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Dte Energy Co Share Performance
+3.89%
One Year
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Dte Energy Co
Profile
DTE Energy Co operates as a diversified energy company primarily engaged in the generation, sale, and distribution of electricity and natural gas.
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Duke Energy Corporation Share Performance
+6.58%
30 Days
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Duke Energy Corporation
Profile
Duke Energy Corporation operates as a multinational energy company that provides electricity and natural gas services to customers in various states across the United States. The company primarily focuses on electricity generation, transmission, distribution, and retail, with a significant portion of its energy portfolio coming from nuclear and renewable sources. Duke Energy also offers various energy-related services, including energy management and consulting, as part of its business model.
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Edison International Share Performance
+4.24%
30 Days
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Edison International
Profile
Edison International operates as a holding company that generates and distributes electric power through its subsidiaries. It focuses on delivering reliable and affordable energy services to residential, commercial, and industrial customers.
More about Edison International's Market Share
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Empire Petroleum Corporation Share Performance
-14.31%
Over The Past 5 Days
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Empire Petroleum Corporation
Profile
Empire Petroleum Corporation operates as an independent fuel distributor and convenience store retailer. They focus on acquiring, leasing, and expanding fuel stations across various regions in the United States. Their business model revolves around providing high-quality petroleum products to customers and generating revenue through fuel sales, retail merchandise, and food service offerings at their convenience stores.
More about Empire Petroleum Corporation's Market Share
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Entergy Corporation Share Performance
+5.45%
This Quarter
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Entergy Corporation
Profile
Entergy Corporation operates as a diversified energy company, primarily engaging in the generation and distribution of electricity. The company provides electricity to various customer segments, including residential, commercial, and industrial customers across multiple states in the United States. Additionally, Entergy Corporation also focuses on environmental stewardship and invests in renewable energy sources to support sustainable energy practices.
More about Entergy Corporation's Market Share
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Exelon Corporation Share Performance
+4.94%
30 Days
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Exelon Corporation
Profile
Exelon Corporation operates as a utility services holding company, primarily engaged in the generation, transmission, and distribution of electricity. It focuses on providing reliable and diverse energy solutions to customers across multiple states in the United States.
More about Exelon Corporation's Market Share
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Firstenergy Corp Share Performance
-1.71%
One Year
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Firstenergy Corp
Profile
FirstEnergy Corp is an electric utility company that operates and maintains electricity generation, transmission, and distribution systems in multiple states. They primarily generate revenue through the sale of electricity to residential, commercial, and industrial customers.
More about Firstenergy Corp's Market Share
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Ppl Corporation Share Performance
+4.92%
30 Days
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Ppl Corporation
Profile
PPL Corporation's business model revolves around the generation, transmission, and distribution of electricity. The company operates primarily in the United States and delivers electricity to millions of customers through its regulated subsidiaries. PPL Corporation generates revenue by selling electricity and related services, while also focusing on maintaining a reliable and sustainable power supply.
More about Ppl Corporation's Market Share
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Public Service Enterprise Group Incorporated Share Performance
+8.51%
This Year
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Public Service Enterprise Group Incorporated
Profile
Public Service Enterprise Group Incorporated's business model revolves around providing energy services to the public. They generate and distribute electricity, and operate in various segments such as power generation, transmission, and delivery. They also offer customer solutions, including energy efficiency programs and renewable energy initiatives.
More about Public Service Enterprise Group Incorporated's Market Share
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Sempra Share Performance
+1.64%
30 Days
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Sempra
Profile
Sempra Energy operates as a diversified energy company, providing electricity, natural gas, and renewable energy solutions to customers worldwide. Their business model involves generating and distributing energy, as well as managing and operating natural gas infrastructure.
More about Sempra's Market Share
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Williams Companies Inc Share Performance
+10.52%
30 Days
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Williams Companies Inc
Profile
Williams Companies Inc. operates as a natural gas infrastructure company, primarily engaged in transporting, processing, and storing natural gas.
More about Williams Companies Inc 's Market Share
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Xcel Energy Inc Share Performance
+2.83%
Over The Past 5 Days
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Xcel Energy Inc
Profile
Xcel Energy Inc operates as a regulated electric and natural gas utility company. They generate, purchase, transmit, distribute, and sell electricity and natural gas to residential, commercial, and industrial customers in multiple states, with a focus on delivering reliable energy services at a reasonable cost.
More about Xcel Energy Inc's Market Share
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Pg and e Corp Share Performance
-4.88%
This Quarter
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Pg and e Corp
Profile
PG&E Corp's business model involves generating, transmitting, and distributing electricity and natural gas to customers in California. The company also provides energy-related products and services to customers while prioritizing safety, reliability, and sustainability.
More about Pg and e Corp's Market Share
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Centerpoint Energy Inc Share Performance
+0.39%
This Quarter
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Centerpoint Energy Inc
Profile
CenterPoint Energy Inc's business model revolves around the provision of energy delivery services. They focus on the transmission and distribution of electricity and natural gas to residential, commercial, and industrial customers. Their primary objective is to ensure the safe and reliable delivery of energy while also promoting efficient energy usage and customer satisfaction.
More about Centerpoint Energy Inc 's Market Share
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Constellation Energy Corporation Share Performance
+39.18%
30 Days
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Constellation Energy Corporation
Profile
Constellation Energy Corporation operates as a competitive energy supplier, offering electricity and natural gas solutions to residential, commercial, and industrial customers across various regions. They generate, purchase, sell, and distribute electricity and provide various energy services to meet the diverse energy needs of their customers.
More about Constellation Energy Corporation's Market Share
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Consolidated Edison Inc Share Performance
+4.80%
30 Days
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Consolidated Edison Inc
Profile
Consolidated Edison Inc's business model revolves around delivering reliable energy services to customers in a regulated environment. They operate as a holding company, providing electricity, gas, and steam services to customers in New York. The company focuses on maintaining and operating the necessary infrastructure, including power plants, transmission lines, and distribution systems, to ensure the continuous supply of energy. They generate revenue through the rates charged to customers for their energy usage and strive to provide efficient and environmentally friendly solutions.
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Sitio Royalties Corp Share Performance
+10.87%
One Year
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Sitio Royalties Corp
Profile
Sitio Royalties Corp's business model is focused on generating revenue through the acquisition and management of oil and gas royalties.
More about Sitio Royalties Corp 's Market Share
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Wec Energy Group Inc Share Performance
-12.95%
One Year
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Wec Energy Group Inc
Profile
WEC Energy Group Inc operates as a holding company, engaging in the generation and distribution of electricity. The company primarily serves customers in Wisconsin, Illinois, Michigan, and Minnesota. Their business model focuses on providing reliable and affordable energy solutions while promoting clean and sustainable practices.
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Chesapeake Energy Corporation Share Performance
0.00%
30 Days
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Chesapeake Energy Corporation
Profile
Chesapeake Energy Corporation's business model revolves around the exploration, development, and production of natural gas and oil.
More about Chesapeake Energy Corporation's Market Share
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Ameren Corporation Share Performance
-0.05%
This Year
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Ameren Corporation
Profile
Ameren Corporation operates as a public utility holding company that generates and distributes electricity and natural gas in the United States. They provide reliable energy services to residential, commercial, and industrial customers while ensuring compliance with regulations and maintaining a strong focus on sustainability.
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Nu Holdings Ltd Share Performance
+0.82%
Over The Past 5 Days
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Nu Holdings Ltd
Profile
Nu Holdings Ltd is a company that operates as a holding entity and invests in various businesses across different industries. The company's primary goal is to leverage its financial resources to acquire and support promising ventures, creating a diversified portfolio of investments.
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Oneok Inc Share Performance
+1.44%
Over The Past 5 Days
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Oneok Inc
Profile
Oneok Inc operates as a midstream service provider in the energy sector. It gathers, processes, stores, and transports natural gas and natural gas liquids. The company generates revenues through the fees it charges for the services it provides in the midstream value chain.
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Nrg Energy inc Share Performance
+104.01%
One Year
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Nrg Energy inc
Profile
NRG Energy Inc operates as a competitive energy provider, generating and selling electricity to residential, commercial, and industrial customers. They focus on diverse energy sources, including fossil fuels, renewable energy, and efficient energy solutions, to meet the needs of their customers while minimizing environmental impact.
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Eversource Energy Share Performance
+1.98%
30 Days
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Eversource Energy
Profile
Eversource Energy operates as a regulated utility company that provides electricity and natural gas distribution services to customers in the New England region. The company follows a vertically integrated business model, meaning it controls the entire supply chain from generation to distribution. Eversource focuses on investing in infrastructure, implementing advanced technologies, and ensuring reliable and affordable energy solutions for its customers.
More about Eversource Energy's Market Share
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Mdu Resources Group Inc Share Performance
+17.15%
30 Days
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Mdu Resources Group Inc
Profile
MDU Resources Group Inc has a diversified business model focused on energy and infrastructure, providing construction services, energy transportation and storage, and electric and natural gas distribution. They aim to generate revenue and profit by delivering these services to customers across different sectors and regions.
More about Mdu Resources Group Inc's Market Share
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Macquarie Infrastructure Holdings Llc Share Performance
+7.63%
30 Days
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Macquarie Infrastructure Holdings Llc
Profile
Macquarie Infrastructure Holdings LLC operates primarily infrastructure businesses that provide essential services such as transportation, energy, and telecommunications. The company focuses on investing in and managing assets that generate stable cash flow and have significant barriers to entry.
More about Macquarie Infrastructure Holdings Llc's Market Share
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Sprague Resources Lp Share Performance
+0.81%
30 Days
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Sprague Resources Lp
Profile
Sprague Resources LP operates as a supplier and distributor of energy products, including gasoline, diesel fuel, heating oil, natural gas, and specialty products. The company focuses on serving various customers, such as industrial, commercial, and residential sectors, by offering a wide range of energy solutions.
More about Sprague Resources Lp's Market Share
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