Exhibit 99.05

Southern Company

Consolidated Earnings

(In Millions of Dollars)

		3 Months Ended September						Year-to-Date September
		2008		2007		Change		2008		2007		Change
Income Account-
Retail Revenue-
Fuel	$	1,911	$	1,600	$	311	$	4,506	$	3,932	$	574
Non-Fuel		2,567		2,486		81		6,428		6,003		425
Wholesale Revenues		775		563		212		1,880		1,531		349
Other Electric Revenues		142		131		11		414		381		33
Non-regulated Operating Revenues		31		52		(21)		97		166		(69)
Total Revenues		5,426		4,832		594		13,325		12,013		1,312
Fuel and Purchased Power		2,531		2,020		511		5,895		4,959		936
Non-fuel O & M		908		911		(3)		2,720		2,634		86
Depreciation and Amortization		367		312		55		1,070		929		141
Taxes Other Than Income Taxes		215		207		8		603		574		29
Total Operating Expenses		4,021		3,450		571		10,288		9,096		1,192
Operating Income		1,405		1,382		23		3,037		2,917		120
Other Income, net		45		68		(23)		70		123		(53)
Interest Charges and Dividends		235		243		(8)		713		704		9
Income Taxes		435		445		(10)		838		806		32
NET INCOME (See Notes)	$	780	$	762	$	18	$	1,556	$	1,530	$	26

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.