Exhibit 99.05

Southern Company

Consolidated Earnings

 (In Millions of Dollars)

		Three Months Ended March
		2010		2009		Change
Income Account-
Retail Revenues-
Fuel	$	1,428	$	1,252	$	176
Non-Fuel		2,031		1,813		218
Wholesale Revenues		542		451		91
Other Electric Revenues		135		123		12
Non-regulated Operating Revenues		21		27		(6)
Total Revenues		4,157		3,666		491
Fuel and Purchased Power		1,772		1,514		258
Non-fuel O & M		908		870		38
MCAR Litigation Settlement		0		202		(202)
Depreciation and Amortization		343		390		(47)
Taxes Other Than Income Taxes		212		200		12
Total Operating Expenses		3,235		3,176		59
Operating Income		922		490		432
Other Income, net		47		45		2
Interest Charges		222		226		(4)
Income Taxes		236		167		69
Net Income		511		142		369
Dividends on Preferred and Preference Stock of Subsidiaries		16		16		-
NET INCOME AFTER DIVIDENDS ON PREFERRED      AND PREFERENCE STOCK (See Notes)	$	495	$	126	$	369

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.