<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> 0000041091 <NAME> GEORGIA 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> 9,642,833 <OTHER-PROPERTY-AND-INVEST> 343,677 <TOTAL-CURRENT-ASSETS> 987,473 <TOTAL-DEFERRED-CHARGES> 1,059,635 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 12,033,618 <COMMON> 344,250 <CAPITAL-SURPLUS-PAID-IN> 1,660,364 <RETAINED-EARNINGS> 1,779,558 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,784,172 <PREFERRED-MANDATORY> 689,250 <PREFERRED> 15,527 <LONG-TERM-DEBT-NET> 2,163,511 <SHORT-TERM-NOTES> 117,634 <LONG-TERM-NOTES-PAYABLE> 495,000 <COMMERCIAL-PAPER-OBLIGATIONS> 223,218 <LONG-TERM-DEBT-CURRENT-PORT> 399,000 <PREFERRED-STOCK-CURRENT> 35,656 <CAPITAL-LEASE-OBLIGATIONS> 85,851 <LEASES-CURRENT> 429 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,024,370 <TOT-CAPITALIZATION-AND-LIAB> 12,033,618 <GROSS-OPERATING-REVENUE> 4,738,253 <INCOME-TAX-EXPENSE> 406,983 <OTHER-OPERATING-EXPENSES> 3,537,850 <TOTAL-OPERATING-EXPENSES> 3,944,833 <OPERATING-INCOME-LOSS> 793,420 <OTHER-INCOME-NET> 53,387 <INCOME-BEFORE-INTEREST-EXPEN> 846,807 <TOTAL-INTEREST-EXPENSE> 270,640 <NET-INCOME> 576,167 <PREFERRED-STOCK-DIVIDENDS> 5,939 <EARNINGS-AVAILABLE-FOR-COMM> 570,228 <COMMON-STOCK-DIVIDENDS> 536,600 <TOTAL-INTEREST-ON-BONDS> 177,628 <CASH-FLOW-OPERATIONS> 1,402,031 <EPS-PRIMARY> 0 <EPS-DILUTED> 0