Exhibit 12.1
												11/5/2008
ALABAMA POWER COMPANY
Computation of ratio of earnings to fixed charges for
the five years ended December 31, 2007
and the year to date September 30, 2008
												Nine
												Months
												Ended
	Year ended December 31,											September 30,
		2003		2004		2005		2006		2007		2008
	--------------------------------------------------Thousands of Dollars--------------------------------------------------
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K:
Earnings before income taxes	$	782,220	$	819,955	$	819,515	$	875,256	$	969,493	$	889,896
Interest expense, net of amounts capitalized		215,858		211,373		215,431		254,229		275,814		211,315
Distributions on mandatorily redeemable preferred securities		15,255		0		0		0		0		0
AFUDC - Debt funds		6,421		6,856		8,173		7,939		17,990		14,674
Earnings as defined	$	1,019,754	$	1,038,184	$	1,043,119	$	1,137,424	$	1,263,297	$	1,115,885
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K:
Interest on long-term debt	$	183,953	$	173,226	$	186,542	$	231,060	$	250,512	$	198,815
Interest on affiliated loans		274		16,479		16,563		16,764		15,369		8,738
Interest on interim obligations		388		465		1,063		1,873		1,915		534
Amort of debt disc, premium and expense, net		15,671		14,793		14,559		12,987		14,542		9,119
Other interest charges		21,993		13,266		4,877		(514)		11,467		8,784
Distributions on mandatorily redeemable preferred securities		15,255		0		0		0		0		0
Fixed charges as defined	$	237,534	$	218,229	$	223,604	$	262,170	$	293,805	$	225,990
RATIO OF EARNINGS TO FIXED CHARGES		4.29		4.76		4.67		4.34		4.30		4.94