January 22, 2020
Area Co-ops and Oglethorpe Power Deliver More than $3.5 Million to Monroe County
Contact: Terri Statham
Phone Number: 770-270-6990
(TUCKER, GA., Jan. 21, 2020) – Central Georgia EMC, Southern Rivers Energy, and Oglethorpe Power Corp. recently presented Oglethorpe Power’s 2019 ad valorem tax payment of $3,543,750.88 to the Monroe County Tax Commissioner’s office.
The payment is for Oglethorpe Power’s 60 percent ownership in Units 1 and 2 of the Robert W. Scherer coal-fired plant and other property in Monroe County.
Oglethorpe Power is a wholesale electric power cooperative owned by and serving 38 electric membership corporations in Georgia, including Central Georgia EMC and Southern Rivers Energy, which provide electric service in Monroe County and other area counties.
Around the state, Oglethorpe Power will pay more than $43 million in 2019 ad valorem taxes for power-generating facilities that it owns or co-owns on behalf of its Member EMCs.
About Oglethorpe Power
Oglethorpe Power is one of the nation’s largest power supply cooperatives with more than $12 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.1 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. 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.