v3.25.0.1
INCOME TAXES - Reconciliation of Federal Statutory Income Tax Rate (Details)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction 3.60% 2.90% 7.80%
Changes in valuation allowance, net of federal benefit 1.90% (0.30%) (1.60%)
Employee stock plans' dividend deduction (0.40%) (0.50%) (0.50%)
Non-deductible book depreciation 0.60% 0.70% 0.60%
Flowback of excess deferred income taxes (3.90%) (9.20%) (6.60%)
AFUDC-Equity (0.80%) (1.10%) (1.10%)
Federal PTCs (2.80%) (1.20%) 0.00%
ITC amortization (1.20%) (1.30%) (1.30%)
Noncontrolling interests 0.60% 0.60% 0.50%
Other (0.10%) (0.20%) 0.00%
Effective income tax (benefit) rate 18.50% 11.40% 18.80%
Alabama Power      
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction 5.00% 5.20% 4.80%
Changes in valuation allowance, net of federal benefit 0.00% 0.00% 0.00%
Employee stock plans' dividend deduction 0.00% 0.00% 0.00%
Non-deductible book depreciation 0.60% 0.70% 0.50%
Flowback of excess deferred income taxes (5.30%) (19.80%) (1.90%)
AFUDC-Equity (0.70%) (1.20%) (0.80%)
Federal PTCs (0.10%) 0.00% 0.00%
ITC amortization (0.10%) (0.10%) (0.10%)
Noncontrolling interests 0.00% 0.00% 0.00%
Other 0.00% (0.20%) 0.30%
Effective income tax (benefit) rate 20.40% 5.60% 23.80%
Georgia Power      
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction 1.70% 2.10% 3.30%
Changes in valuation allowance, net of federal benefit 3.10% (0.60%) 3.20%
Employee stock plans' dividend deduction 0.00% 0.00% 0.00%
Non-deductible book depreciation 0.70% 0.80% 0.60%
Flowback of excess deferred income taxes (2.20%) (2.60%) (9.60%)
AFUDC-Equity (1.00%) (1.20%) (1.50%)
Federal PTCs (3.70%) (1.40%) 0.00%
ITC amortization (0.20%) (0.10%) (0.10%)
Noncontrolling interests 0.00% 0.00% 0.00%
Other (0.20%) (0.30%) 0.00%
Effective income tax (benefit) rate 19.20% 17.70% 16.90%
Mississippi Power      
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction 4.40% 4.90% 4.40%
Changes in valuation allowance, net of federal benefit 0.00% 0.00% 0.00%
Employee stock plans' dividend deduction 0.00% 0.00% 0.00%
Non-deductible book depreciation 0.30% 0.40% 0.30%
Flowback of excess deferred income taxes (6.50%) (10.20%) (7.80%)
AFUDC-Equity 0.00% 0.00% 0.00%
Federal PTCs 0.00% 0.00% 0.00%
ITC amortization 0.00% 0.00% 0.00%
Noncontrolling interests 0.00% 0.00% 0.00%
Other 0.00% 0.10% 0.30%
Effective income tax (benefit) rate 19.20% 16.20% 18.20%
Southern Power      
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction (2.30%) (0.70%) 1.90%
Changes in valuation allowance, net of federal benefit 0.00% 0.00% 0.00%
Employee stock plans' dividend deduction 0.00% 0.00% 0.00%
Non-deductible book depreciation 0.00% 0.00% 0.00%
Flowback of excess deferred income taxes 0.00% 0.00% 0.00%
AFUDC-Equity 0.00% 0.00% 0.00%
Federal PTCs (17.20%) (7.40%) (6.60%)
ITC amortization (26.40%) (19.00%) (17.20%)
Noncontrolling interests 17.10% 11.10% 8.40%
Other 0.20% 0.10% (0.10%)
Effective income tax (benefit) rate (7.60%) 5.10% 7.40%
Southern Company Gas      
Reconciliation of federal statutory income tax rate to effective income tax rate      
Federal statutory rate 21.00% 21.00% 21.00%
State income tax, net of federal deduction 7.00% 7.80% 6.40%
Changes in valuation allowance, net of federal benefit 0.00% 0.00% 0.00%
Employee stock plans' dividend deduction 0.00% 0.00% 0.00%
Non-deductible book depreciation 0.00% 0.00% 0.00%
Flowback of excess deferred income taxes (2.20%) (2.60%) (2.50%)
AFUDC-Equity 0.00% 0.00% 0.00%
Federal PTCs 0.00% 0.00% 0.00%
ITC amortization 0.00% 0.00% (0.10%)
Noncontrolling interests 0.00% 0.00% 0.00%
Other 0.00% (0.60%) (0.90%)
Effective income tax (benefit) rate 25.80% 25.60% 23.90%