Georgia Power (GPJA) 8-K Other Events

  Exhibit 12.1

GEORGIA POWER COMPANY

Computation of ratio of earnings to fixed charges for

the five years ended December 31, 2011

and the year to date June 30, 2012

												Six
												Months
												Ended
	Year ended December 31,											June 30,
		2007		2008		2009		2010		2011		2012
	-----------------------------------Thousands of Dollars-----------------------------------
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K:
Earnings Before Income Taxes	$	1,253,532	$	1,401,995	$	1,236,111	$	1,414,245	$	1,781,406	$	712,251
Distributed income of equity investees		2,622		4,278		363		2,849		13,830		3,673
Interest expense, net of amounts capitalized		343,461		345,415		385,889		375,336		342,935		180,953
Interest component of rental expense		10,416		17,309		21,523		42,467		59,943		31,388
Amortization of capitalized interest		41		40		41		40		40		20
Distributions on mandatorily redeemable preferred securities		0		0		0		0		0		0
AFUDC - Debt funds		28,440		39,573		39,719		54,253		36,952		10,787
Earnings as defined	$	1,638,512	$	1,808,610	$	1,683,646	$	1,889,190	$	2,235,106	$	939,072
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K:
Interest on long-term debt	$	268,772	$	324,117	$	371,341	$	377,011	$	362,030	$	182,957
Interest on affiliated loans		65,413		22,295		13,045		12,526		9,340		174
Interest on interim obligations		8,463		3,114		538		0		0		1,359
Amort of debt disc, premium and expense, net		18,344		19,906		20,241		21,492		22,497		11,389
Other interest charges		11,137		15,790		20,573		18,657		(13,834)		(4,087)
Interest component of rental expense		10,416		17,309		21,523		42,467		59,943		31,388
Distributions on mandatorily redeemable preferred securities		0		0		0		0		0		0
Fixed charges as defined	$	382,545	$	402,531	$	447,261	$	472,153	$	439,976	$	223,180
RATIO OF EARNINGS TO FIXED CHARGES		4.28		4.49		3.76		4.00		5.08		4.21