March 14, 2018

Oglethorpe Power Makes Large Murray County Tax Payment

Amount totals more than $2 million

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

TUCKER, GA (3/14/2018) – Oglethorpe Power Corporation recently paid $2,015,539.92 in 2017 ad valorem taxes to the Murray County Tax Commissioner’s office. The payment is for Oglethorpe Power’s Thomas A. Smith electric generating facility in Murray County.
Oglethorpe Power purchased the two-unit, combined-cycle power plant in 2011. The facility is powered by clean-burning natural gas and is capable of producing about 1,250 megawatts of electric power.

Statewide, Oglethorpe Power paid more than $35 million in 2017 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 Electric Membership Corporations 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 Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb.