<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the financial statements filed as Exhibit 99 and is qualified in its entirity by reference to such financial statements. </LEGEND> <CIK> 0000003153 <NAME> ALABAMA POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 7,307,259 <OTHER-PROPERTY-AND-INVEST> 279,396 <TOTAL-CURRENT-ASSETS> 878,972 <TOTAL-DEFERRED-CHARGES> 760,071 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 9,225,698 <COMMON> 224,358 <CAPITAL-SURPLUS-PAID-IN> 1,334,744 <RETAINED-EARNINGS> 1,224,965 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,784,067 <PREFERRED-MANDATORY> 297,000 <PREFERRED> 317,512 <LONG-TERM-DEBT-NET> 1,091,456 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 1,550,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 470,200 <PREFERRED-STOCK-CURRENT> 50,000 <CAPITAL-LEASE-OBLIGATIONS> 5,110 <LEASES-CURRENT> 1,009 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,659,344 <TOT-CAPITALIZATION-AND-LIAB> 9,225,698 <GROSS-OPERATING-REVENUE> 3,386,373 <INCOME-TAX-EXPENSE> 224,922 <OTHER-OPERATING-EXPENSES> 2,504,412 <TOTAL-OPERATING-EXPENSES> 2,729,334 <OPERATING-INCOME-LOSS> 657,039 <OTHER-INCOME-NET> 43,121 <INCOME-BEFORE-INTEREST-EXPEN> 700,160 <TOTAL-INTEREST-EXPENSE> 308,294 <NET-INCOME> 391,866 <PREFERRED-STOCK-DIVIDENDS> 14,643 <EARNINGS-AVAILABLE-FOR-COMM> 377,223 <COMMON-STOCK-DIVIDENDS> 367,100 <TOTAL-INTEREST-ON-BONDS> 203,987 <CASH-FLOW-OPERATIONS> 803,704 <EPS-PRIMARY> 0 <EPS-DILUTED> 0