Exhibit 99.07

Southern Company

Financial Overview

(In Millions of Dollars)

	Three Months Ended June					Year-to-Date June
		2009		2008	% Change		2009		2008	% Change
Consolidated –
Operating Revenues	$	3,885	$	4,215	-7.8%	$	7,551	$	7,898	-4.4%
Earnings Before Income Taxes		720		658	9.6%		1,029		1,211	-15.0%
Net Income Available to Common		478		417	14.9%		604		776	-22.1%
Alabama Power –
Operating Revenues	$	1,366	$	1,469	-7.0%	$	2,706	$	2,806	-3.6%
Earnings Before Income Taxes		292		257	13.6%		533		470	13.3%
Net Income Available to Common		177		153	15.3%		323		283	14.0%
Georgia Power –
Operating Revenues	$	1,874	$	2,111	-11.2%	$	3,640	$	3,976	-8.4%
Earnings Before Income Taxes		294		385	-23.6%		483		649	-25.5%
Net Income Available to Common		190		248	-23.5%		312		424	-26.4%
Gulf Power –
Operating Revenues	$	341	$	349	-2.5%	$	625	$	661	-5.4%
Earnings Before Income Taxes		49		44	12.9%		75		76	-0.1%
Net Income Available to Common		32		27	19.6%		49		47	4.9%
Mississippi Power –
Operating Revenues	$	286	$	298	-3.8%	$	555	$	583	-4.8%
Earnings Before Income Taxes		36		38	-5.7%		65		64	0.7%
Net Income Available to Common		22		24	-8.6%		40		40	-0.7%
Southern Power –
Operating Revenues	$	230	$	316	-27.2%	$	462	$	532	-13.2%
Earnings Before Income Taxes		52		59	-13.7%		97		105	-8.4%
Net Income Available to Common		31		35	-12.3%		59		64	-8.4%

Notes

-   Certain prior year data has been reclassified to conform with current year presentation.

-    Information contained in this report is subject to audit and adjustments. Certain classifications may be different from final results published in the Form 10-Q.