# Who does Southern Company pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/southern-company · Facet: suppliers · Updated: 2026-07-12T04:15:08.054+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Southern Company discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-07-12).

### 발전·송배전 설비 건설 (신규 발전·송전·배전 capex) (high)
- metric: Capital spending 81 USD_B · 2026-2030 capital plan; $15.9B 2026 program
- note: Data-center demand is driving a larger capital program. 2026 construction plan $15.9B (new generation $3.7B, transmission $3.2B, distribution $2.0B, Southern Company Gas $2.2B, nuclear fuel $0.3B). 2026-2030 capital plan raised to $81B from $76B. Georgia PSC certified ~13 GW of resources ($19.5B, in service through 2030).
- [confirms] Utility Dive (EN, news, published 2026-02-20) https://www.utilitydive.com/news/southern-co-load-data-center-earnings/812681/: "$81 billion capital plan over 2026-2030, up from $76 billion in Q3 2025."
- [confirms] U.S. SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/92122/000009212226000006/so-20251231.htm: "2026 construction program apportioned as: new generation $3.7B, transmission $3.2B, distribution $2.0B, Southern Company Gas $2.2B; total $15.9B. Georgia PSC certified ~13 GW of resources, $19.5B, in service through 2030."

### 발전연료 (천연가스·석탄·우라늄) (high)
- metric: cost 5.88 USD_B · fuel $4.897B + purchased power $0.98B FY2025
- note: Traditional operating companies and SEGCO are fueled primarily by natural gas and coal, with nuclear for Alabama Power and Georgia Power; Southern Power runs primarily on natural gas. FY2025 fuel expense $4,897M and purchased power $980M.
- [confirms] U.S. SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/92122/000009212226000006/so-20251231.htm: "Electricity is primarily fueled by natural gas and coal, plus nuclear for Alabama Power and Georgia Power; Southern Power runs primarily on natural gas. FY2025 fuel expense $4,897M; purchased power $980M."

Reverse side: https://valuechain.wiki/southern-company/customers.md · Ripple: https://valuechain.wiki/southern-company/ripple.md

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Full node: https://valuechain.wiki/southern-company.md · JSON: https://valuechain.wiki/southern-company.json