Walton EMC and Oglethorpe Power pay large tax bill

Press release from Walton EMC

(MONROE, Ga., Feb. 16) – Walton EMC and Oglethorpe Power Corp. recently presented a large , in size and amount, check to the Walton County Tax Commissioner’s office for $324,025.80. This was the payment for Oglethorpe Power’s ownership of the Doyle Energy Facility located near Monroe.  According to a press release noting the payment, the natural gas-powered plant includes five generating units capable of producing about 342 megawatts of electric power. It is a wholesale electric power cooperative that is owned by and serves 38 electric membership corporations in Georgia, including Walton EMC which provides service in Walton County.

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, including the more than $324,000 just paid to Walton County.

PHOTO CAPTION: (L to R): Mary Long, senior community relations coordinator, Oglethorpe Power Corp.; Marsha Shumate, senior vice president of finance, Walton EMC; Derry Boyd, tax commissioner, Walton County; Kathy Ivie, community and youth specialist, and Greg Brooks, community and public relations director, Walton EMC. Contributed photo

ABOUT OGLETHORPE POWER

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.

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