How Georgia Power customers could get $4 off their summer bills
Georgia Power, a subsidiary of Southern Company (NYSE: SO), is promoting various free and low-cost tools and resources to help customers reduce energy consumption this summer amid rising temperatures. If approved by the Georgia Public Service Commission, a stipulated agreement could lead to a $4.04 monthly saving for a typical residential customer starting in June. The company also highlights its EASE Program for income-qualified households, offering free home efficiency upgrades, and anticipates $102 in annual savings for typical residential customers by 2029 due to growth in large-load customers.
MAY 22·MarketBeat▲
IFP Advisors Inc Purchases 24,790 Shares of Southern Company (The) $SO
IFP Advisors Inc significantly increased its stake in Southern Company, purchasing 24,790 shares and bringing its total holdings to 37,114 shares valued at approximately $3.24 million. This comes after Southern Company reported strong quarterly results, beating earnings and revenue estimates, and subsequently raised its quarterly dividend to $0.76 per share. The article also notes recent insider selling activity and provides an overview of analyst ratings for the stock.
MAY 22·MarketBeat▲
Southern Company (The) $SO Shares Sold by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. reduced its stake in Southern Company (The) (NYSE:SO) by 3.3% in the 4th quarter, selling 17,633 shares and valuing its remaining holdings at $44.73 million. Other institutional investors also adjusted their positions in Southern, which recently reported impressive quarterly earnings, exceeding analyst expectations. The company also announced an increase in its quarterly dividend to $0.76 per share.
