Local EMCs and Oglethorpe Power Corporation Present Large Tax Payment to Heard County
PALMETTO, GA, January 24, 2022 – Local EMC’s, including Carroll EMC, Coweta-Fayette EMC, and Diverse Power, recently joined Oglethorpe Power Corporation in presenting Oglethorpe Power’s 2021 ad valorem tax payment to the Heard County Tax Commissioner’s office in the amount of $2,272,169.
The payment represents Oglethorpe Power’s 30 percent ownership in the Hal B. Wansley coal-fired plant and 100 percent ownership in the Hawk Road and Chattahoochee natural gas-powered energy facilities, all in Heard County. Oglethorpe Power is a wholesale electric power cooperative owned by and serving 38 electric membership corporations in Georgia, including Carroll EMC, Coweta-Fayette EMC, and Diverse Power, which provide electric service in Heard County and other area counties.
Presented on Friday, January 21, 2022, Jimmy Adams, CFEMC VP of Energy Services, attended to represent Coweta-Fayette EMC, along with others from area EMCs and Oglethorpe Power Corporation. The additional tax revenue will directly benefit local citizens and students in Heard County.
For 2021, Oglethorpe Power estimates it will pay more than $55 million in ad valorem taxes for power generation facilities that it owns or co-owns on behalf of its Member EMCs.
Coweta Fayette EMC is a member-owned cooperative providing electricity and related services to over 80,000 consumers in Coweta, Fayette, Heard, Fulton, Clayton, Meriwether, Spalding and Troup counties.