5 Biggest Utility Companies in the World

In this article, we discuss the 5 biggest utility companies in the world. If you want to read our detailed analysis of the utility sector, go directly to the 10 Biggest Utility Companies in the World. 

5. The Southern Company (NYSE:SO)

Market Cap As of June 17: $69.47B

Based in Atlanta, Georgia, and with executive offices also located in Birmingham, Alabama, Southern Company (NYSE:SO) is an American gas and electricity utility company which primarily supplies utilities to the Southern regions of the United States. With nearly 29,000 employees and nearly 9 million gas and electricity utility customers in over 6 states, Southern Company (NYSE:SO) is the second largest utility company in the United States in terms of customer base.

Southern Company’s (NYSE:SO) subsidiaries operate largely on renewable sources of energy namely solar, wind and biomass facilities located throughout the US, with their first new nuclear units located near Augusta, Georgia. Southern Company’s (NYSE:SO) regulated regional utilities serve an estimated area of nearly 120,000 square miles, with nearly 28,000 miles of distribution lines. In keeping with the transitional changes in the utilities sector, the company has made public its aims and strategy to reach net zero emissions by 2050, completely diminishing its carbon footprints.