Oglethorpe Power Corporation
2100 E Exchange Pl, Tucker, Georgia, United States | Electric Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $10 billion in assets serving 38 Electric Membership Corporations, which collectively provide electricity to more than 4.2 million Georgia residents. A proponent of conscientious energy development and use, OPC 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 7,785* megawatts. OPC was established in 1974 and is owned by its 38 Member Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb.
Oglethorpe Power's History
After considering the idea for many years, 39* of Georgia’s Electric Membership Corporations, or EMCs, joined together in 1974 to form their own power supply cooperative, then known as
Oglethorpe Electric Membership Corporation. This new power supply entity was named for General James Edward Oglethorpe, founder of Georgia.
Prior to 1974, the electric co-ops that formed Oglethorpe Power had been dependent upon Georgia Power to provide the electricity they needed to serve their consumer-members. Three other Georgia co-ops that were not Oglethorpe Power Member Systems received their wholesale power from the Tennessee Valley Authority (TVA) and continue to do so today.
With the formation of Oglethorpe Electric (changed to Oglethorpe Power in 1978), this group of EMCs took control of their own destiny, striking a deal with Georgia Power Company to purchase an interest in two large nuclear and two large coal facilities either under construction or on the drawing boards. In addition, they purchased a joint ownership with Georgia Power and others in the state’s primary network of transmission lines and substations, known as the Integrated Transmission System, or ITS.
Through these efforts, the EMCs secured their own source of wholesale electricity and gained the means to deliver it reliably and dependably to EMCs in every corner of the state.
Mission:
To maximize the value of our Members' investment, placing special emphasis on being responsive, communicating effectively and working with the highest degree of integrity.
Vision:
To be valued and trusted, meeting the expectations of those we serve.
Values:
- Member Focus - Members are our highest priority.
- Ethics - Operate with integrity, respect for others and in compliance with our code of conduct.
- Safety - We are ever mindful of safety in all we do.
- Excellence - Strive for superior performance in all we do.
- People - Recognize the worth of others, believing that exceptional results evolve from diversity, continuous improvement, personal development and the contributions of many working toward common goals.
- Citizenship - Engage in the communities we serve, be environmentally responsible and positively impact those we touch.
Member Systems
Nearly half of all Georgia residents get their electric service from Electric Membership Corporations, also known as EMCs. There are 41 EMCs providing service in all but a few of Georgia's 159 counties. Thirty-eight of the state's 41 EMCs own Oglethorpe Power Corporation.
EMCs are different from other electric utilities. They are not-for-profit electric cooperatives owned by the actual customers to whom they supply electricity. EMC customers are members as well as owners of their local EMCs.
Company Details | |
---|---|
Company Name | Oglethorpe Power Corporation |
Business Category | Electric Power |
Address | 2100 E Exchange Pl Tucker Georgia United States ZIP: 30084 |
President | Michael L. Smith |
Year Established | 1974 |
Employees | 500 |
Memberships | NA |
Hours of Operation | NA |
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