On August 24, 2015, Southern Company and AGL Resources announced that they will combine to create a leading U.S. electric and gas utility company. On July 1, 2016, AGL Resources became a new wholly-owned subsidiary of Southern Company.
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Initially, customers will not experience any changes to customer service or account information. Post-closing, we expect services to improve. Both companies remain committed to providing the families and businesses these utilities serve with excellent customer service.
This transaction will not increase electric or gas rates of any of the utilities of either Southern Company or AGL Resources system.
Yes, AGL Resources has become an operating subsidiary company consistent with Southern Company's other subsidiaries, Alabama Power, Georgia Power, Gulf Power, Mississippi Power and Southern Power, and has its own corporate headquarters.
AGL Resources is an operating subsidiary company consistent with Southern Company's other subsidiaries and will maintain its own management team. A large part of the value associated with AGL Resources is the depth and quality of this team.