2022 CC Transition Report Spreads Flat Final - Flipbook - Page 24
Cautionary Note Regarding Forward-Looking Statements
Note: Certain information contained in this report is forward-looking information based on current expectations and plans
that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning
greenhouse gas emission reduction goals, future plant retirement and replacement decisions, and projected renewables
growth. Southern Company cautions that there are certain factors that can cause actual results to differ materially from
the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this
forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties
and other factors, many of which are outside the control of Southern Company; accordingly, there can be no assurance
that such suggested results will be realized. The following factors, in addition to those discussed in Southern Company’s
Annual Report on Form 10-K for the year ended December 31, 2021, and subsequent securities filings, could cause actual
results to differ materially from management expectations as suggested by such forward-looking information: the
impact of recent and future federal and state regulatory changes, as well as changes in application of existing laws and
regulations; the effects, extent, and timing of the entry of additional competition in the markets in which Southern
Company’s subsidiaries operate, including from the development and deployment of alternative energy sources; variations
in demand for electricity and natural gas; available sources and costs of natural gas and other fuels; the ability to control
costs and avoid cost and schedule overruns during the development, construction, and operation of facilities or other
projects, to construct facilities in accordance with the requirements of permits and licenses, to satisfy any environmental
performance standards and the requirements of tax credits and other incentives, and to integrate facilities into the
Southern Company system upon completion of construction; advances in technology, including the pace and extent of
development of low- to no-carbon energy technologies and negative carbon concepts; performance of counterparties
under ongoing renewable energy partnerships and development agreements; state and federal rate regulations and
the impact of pending and future rate cases and negotiations; the ability to successfully operate the electric utilities’
generating, transmission, and distribution facilities, Southern Power’s generation facilities, and Southern Company Gas’
natural gas distribution and storage facilities and the successful performance of necessary corporate functions; and the
ability of Southern Company’s electric utilities to obtain additional generating capacity (or sell excess generating capacity)
at competitive prices. Southern Company expressly disclaims any obligation to update any forward-looking information.
April 2022
southerncompany.com
