GEORGIA POWER CO
U-1/A, 1994-02-24
ELECTRIC SERVICES
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                                                           File No. 70-8129


                          SECURITIES AND EXCHANGE COMMISSION
                               Washington, D. C.  20549

                                   Amendment No. 6
                                          to

                                       Form U-1

                              APPLICATION OR DECLARATION

                                        under

                    The Public Utility Holding Company Act of 1935

                                GEORGIA POWER COMPANY
                              333 Piedmont Avenue, N. E.
                                Atlanta, Georgia 30308

                 (Name of company or companies filing this statement
                    and addresses of principal executive offices)

                                 THE SOUTHERN COMPANY

                    (Name of top registered holding company parent
                           of each applicant or declarant)

                                   Judy M. Anderson
                        Vice President and Corporate Secretary
                                Georgia Power Company
                              333 Piedmont Avenue, N. E.
                                Atlanta, Georgia 30308

                     (Names and addresses of agents for service)

                  The Commission is requested to mail signed copies
                    of all orders, notices and communications to:


             W. L. Westbrook                       John F. Young
        Financial Vice President                   Vice President
          The Southern Company            Southern Company Services, Inc.
        64 Perimeter Center East            One Wall Street, 42nd Floor
         Atlanta, Georgia 30346               New York, New York 10005


                               John D. McLanahan, Esq.
                                   Troutman Sanders
                             600 Peachtree Street, N. E.
                                      Suite 5200
                             Atlanta, Georgia 30308-2216
<PAGE>






                                 INFORMATION REQUIRED


          Item 6.   Exhibits and Financial Statements.

                    (b) Financial Statements.

                        Condensed Statements of Income of Georgia For the
                        Twelve Months ended September 30, 1993.

                        Condensed Balance Sheet of Georgia at September
                        30, 1993.


                                      SIGNATURE

                    Pursuant to the requirements of the Public Utility

          Holding Company Act of 1935, the undersigned company has duly

          caused this amendment to be signed on its behalf by the

          undersigned thereunto duly authorized.


          Dated:  February 24, 1994           GEORGIA POWER COMPANY



                                              By:   /s/Wayne Boston
                                                       Wayne Boston
                                                    Assistant Secretary
<PAGE>





                                GEORGIA POWER COMPANY

                      CONDENSED STATEMENTS OF INCOME (UNAUDITED)
                           (Stated in Thousands of Dollars)


                                                    For the Twelve Months
                                                    Ended September 30, 1993

        OPERATING REVENUES:
          Revenues                                         $4,405,033 
          Sales To Affiliates                                  62,966 
           Total operating revenues                         4,467,999 

        OPERATING EXPENSES:
          Operation--
           Fuel                                               954,306 
           Purchased power from non-affiliates                351,179 
           Purchased power from affiliates                    194,219 
           Proceeds from settlement of
           disputed contracts                                  (4,982)
           Provision for separation benefits                    5,026 
           Other                                              668,990 
          Maintenance                                         282,042 
          Depreciation and amortization                       381,779 
          Deferred Plant Vogtle expenses, net                  17,856 
          Taxes other than income taxes                       186,986 
          Federal and state income taxes                      437,268 
           Total operating expenses                         3,474,669 
        OPERATING INCOME                                      993,330 
        OTHER INCOME (EXPENSE):
          Allowance for equity funds
           used during construction                             2,546 
          Income from subsidiary                                4,106 
          Interest income                                       8,386 
          Other, net                                            3,697 
          Income taxes applicable
           to other income                                     46,569 
        INCOME BEFORE INTEREST CHARGES                      1,058,634 
        INTEREST CHARGES:
          Interest on long-term debt                          358,175 
          Allowance for debt funds used
           during construction                                 (7,484)
          Interest on interim obligations                      15,557 
          Amortization of debt discount,
           premium and expense, net                            12,862 
          Other interest charges                               46,563 
           Net interest charges                               425,673 
        NET INCOME                                            632,961 
        DIVIDENDS ON PREFERRED STOCK                           52,162 
        NET INCOME AFTER DIVIDENDS ON
          PREFERRED STOCK                                 $   580,799 

        ( ) Denotes red figure.
<PAGE>


                                GEORGIA POWER COMPANY

                               CONDENSED BALANCE SHEETS
                           (Stated in Thousands of Dollars)

                                        ASSETS

                                                       At September 30, 1993
                                                             (Unaudited)    
        UTILITY PLANT:
          Plant in service                                   $13,628,962 
          Less accumulated provision for
            depreciation                                       3,777,763 
                                                               9,851,199 
          Nuclear fuel, at amortized cost                        148,605 
          Construction work in progress                          547,246 
          Total                                               10,547,050 

        OTHER PROPERTY AND INVESTMENTS:
          SEGCO, at equity                                        29,539 
          Nuclear decommissioning trusts                          37,528 
          Miscellaneous                                           31,544 
          Total                                                   98,611 

        CURRENT ASSETS:
          Cash and temporary cash investments,
            at cost                                               19,292 
          Receivables--
            Customer accounts receivable                         574,826 
            Other accounts and notes receivable                  107,918 
            Affiliated companies                                   7,578 
            Accumulated provision for
             uncollectible accounts                               (7,521)
          Fossil fuel stock, at average cost                     124,489 
          Materials and supplies, at average
            cost                                                 299,125 
          Prepayments                                             75,504 
          Vacation pay deferred                                   39,395 
          Total                                                1,240,606 

        DEFERRED CHARGES:
          Deferred Plant Vogtle costs                            522,242 
          Debt expense and loss, being
            amortized                                            175,932 
          Deferred recoverable income taxes                      989,278 
          Miscellaneous                                          181,595 
          Total                                                1,869,047 

        TOTAL ASSETS                                         $13,755,314 
<PAGE>


                                GEORGIA POWER COMPANY

                               CONDENSED BALANCE SHEETS
                           (Stated in Thousands of Dollars)

                            CAPITALIZATION AND LIABILITIES

                                                             At September 30, 
                                                                   1993
                                                                (Unaudited)  
        CAPITALIZATION:
        Common stock equity--
          Common stock (without par value)--
            authorized 15,000,000 shares,
            outstanding 7,761,500 shares                        $   344,250
          Other paid-in capital                                   2,384,140
          Premium on preferred stock                                    413
          Earnings retained in the business                       1,345,192
                                                                  4,073,995
          Preferred stock                                           692,792
          Long-term debt                                          4,101,724
          Total                                                   8,868,511

        CURRENT LIABILITIES:
          Long-term debt due within one year                         19,626
          Notes payable                                             279,250
          Commercial paper                                           89,544
          Accounts payable--
            Affiliated companies                                     34,786
            Other                                                   256,445
          Customer deposits                                          45,836
          Taxes accrued--
            Federal and state income                                133,351
            Other                                                   136,372
          Interest accrued                                          104,816
          Miscellaneous                                             138,349
          Total                                                   1,238,375

        DEFERRED CREDITS AND OTHER LIABILITIES:
          Accumulated deferred income taxes                       2,407,115
          Accumulated deferred investment tax
            credits                                                 486,435
          Disallowed Plant Vogtle capacity
            buyback costs                                            60,592
          Deferred credits related to income taxes                  453,605
          Miscellaneous                                             240,681
          Total                                                   3,648,428

        TOTAL CAPITALIZATION AND LIABILITIES                    $13,755,314
<PAGE>


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