Alabama Power Company Company Review & Valuation
About Alabama Power Company
Alabama Power Company, an integrated utility, generates, purchases, transmits, distributes, and sells electricity to residential, commercial, industrial, and other customers.
The company generates electricity through coal, nuclear, gas, and hydro plants.
It sells electricity at retail in approximately 400 cities and towns, including Anniston, Birmingham, Gadsden, Mobile, Montgomery, and Tuscaloosa, as well as in rural areas; and at wholesale to 14 municipally-owned electric distribution systems.
The company also sells electric appliances and products; and markets and sells outdoor lighting services.
It serves retail and wholesale customers in the State of Alabama, as well as wholesale customers in the Southeast.
The company was founded in 1906 and is based in Birmingham, Alabama.
Alabama Power Company is a subsidiary of The Southern Company.