ALPVN OTC

Alabama Power Company operates as a comprehensive utility, managing the creation, acquisition, transmission, distribution, and retail of electrical power to a wide array of consumers, including residential, business, industrial, and other sectors. Its energy generation relies on a mix of coal, nuclear, natural gas, and hydroelectric facilities. The company distributes electricity directly to consumers in approximately 400 cities and towns, such as Anniston, Birmingham, Gadsden, Mobile, Montgomery, and Tuscaloosa, as well as in rural areas. Additionally, it provides wholesale electricity to eleven municipal electric distribution systems. Beyond its primary power services, Alabama Power also markets and sells electric appliances and various products, and offers specialized outdoor lighting services. The firm serves its retail base within Alabama and extends its wholesale services across the Southeastern United States. Founded in 1906, the company maintains its principal office in Birmingham, Alabama, and operates as a division of The Southern Company.