Name | Value |
---|---|
Revenues | 5,748.0M |
Cost of Revenue | 1,389.0M |
Gross Profit | 4,359.0M |
Operating Expense | 4,458.0M |
Operating I/L | 1,290.0M |
Other Income/Expense | -369.0M |
Interest Income | 0.0M |
Pretax | 921.0M |
Income Tax Expense | 83.0M |
Net Income/Loss | 838.0M |
Alabama Power Company is an integrated utility that generates, purchases, transmits, distributes, and sells electricity to residential, commercial, industrial, and other customers in Alabama. The company operates coal, nuclear, gas, and hydro plants to generate electricity, which it sells at retail in approximately 400 cities and towns, including Anniston, Birmingham, Gadsden, Mobile, Montgomery, and Tuscaloosa, as well as in rural areas. Additionally, it sells electricity at wholesale to 11 municipally-owned electric distribution systems and offers electric appliances, products, and outdoor lighting services. Alabama Power Company serves retail and wholesale customers in the Southeast.