February 16, 2018

Walton EMC and Oglethorpe Power Present Large Property Tax Payment

Contact: Terri Statham
E-mail: terri.statham@opc.com

MONROE, GA (Feb. 16, 2018) – Walton EMC and Oglethorpe Power Corp. recently presented a check for $324,025.80 to Walton County’s Tax Commissioner Office.

The payment is for Oglethorpe Power’s ownership of the Doyle Energy Facility near Monroe. The natural gas-powered plant includes five generating units capable of producing about 342 megawatts of electric power.

Oglethorpe Power is a wholesale electric power cooperative owned by and serving 38 electric membership corporations (EMCs) in Georgia, including Walton EMC, which provides service in Walton County.

Around the state, Oglethorpe Power expects to pay more than $35 million in 2018 ad valorem taxes for power-generating facilities that it owns or co-owns on behalf of its Member EMCs.

Oglethorpe Power is one of the nation’s largest power supply cooperatives with approximately $11 billion in assets serving 38 EMCs which, collectively, provide electricity to approximately 4.1 million Georgia residents.

Its diverse energy portfolio includes natural gas, hydroelectric, coal and nuclear generating plants with a combined capacity of approximately 7,800 megawatts.

Oglethorpe Power was established in 1974 and is owned by its 38 Member EMCs. Its headquarters are in Tucker, Georgia, an Atlanta suburb.