<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for September 30, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000041091 <NAME> GEORGIA POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 9,707,640 <OTHER-PROPERTY-AND-INVEST> 297,513 <TOTAL-CURRENT-ASSETS> 1,252,190 <TOTAL-DEFERRED-CHARGES> 1,083,566 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 12,340,909 <COMMON> 344,250 <CAPITAL-SURPLUS-PAID-IN> 1,930,252 <RETAINED-EARNINGS> 1,846,884 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,121,386 <PREFERRED-MANDATORY> 689,250 <PREFERRED> 52,355 <LONG-TERM-DEBT-NET> 2,702,472 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 145,000 <COMMERCIAL-PAPER-OBLIGATIONS> 100,823 <LONG-TERM-DEBT-CURRENT-PORT> 195,000 <PREFERRED-STOCK-CURRENT> 64,213 <CAPITAL-LEASE-OBLIGATIONS> 85,959 <LEASES-CURRENT> 420 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,184,031 <TOT-CAPITALIZATION-AND-LIAB> 12,340,909 <GROSS-OPERATING-REVENUE> 3,740,784 <INCOME-TAX-EXPENSE> 368,133 <OTHER-OPERATING-EXPENSES> 2,683,138 <TOTAL-OPERATING-EXPENSES> 3,051,271 <OPERATING-INCOME-LOSS> 689,513 <OTHER-INCOME-NET> 22,583 <INCOME-BEFORE-INTEREST-EXPEN> 712,096 <TOTAL-INTEREST-EXPENSE> 208,731 <NET-INCOME> 503,365 <PREFERRED-STOCK-DIVIDENDS> 5,311 <EARNINGS-AVAILABLE-FOR-COMM> 498,054 <COMMON-STOCK-DIVIDENDS> 397,100 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 1,049,129 <EPS-PRIMARY> 0 <EPS-DILUTED> 0