Southern Company 2026 Grid and Gas Build-Out

planned

Southern Company and its utility subsidiaries plan a massive capital investment program in 2026 totaling about $15.9 billion. This includes $12.6 billion for the electric system focused on new generation, transmission, distribution, and environmental compliance. Georgia Power plans approximately $3.6 billion for new generation and storage tied to prior Integrated Resource Plan approvals. The build-out is driven by rapidly growing load from data centers and other large customers, with regulators certifying about 13 GW of new generation and battery storage resources.