EX-99.1 8 a2235385zex-99_1.htm EX-99.1
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Exhibit 99.1


FINANCIAL AND STATISTICAL INFORMATION FOR
38 MEMBERS OF OGLETHORPE POWER CORPORATION

        Our members operate their systems on a not-for-profit basis. Accumulated margins derived after payment of operating expenses and provision for depreciation constitute patronage capital of the consumers of our members. Refunds of accumulated patronage capital to the individual consumers may be made from time to time subject to limitations contained in mortgages between our members and the Rural Utilities Service or loan documents with other lenders. The Rural Utilities Service mortgage generally prohibits such distributions unless, after any such distribution, the member's total equity will equal at least 30% of its total assets, except that distributions may be made of up to 25% of the margins and patronage capital received by the member in the preceding year provided that equity is at least 20%.

        We are a membership corporation, and our members are not our subsidiaries. Except with respect to the obligations of our members under each member's wholesale power contract with us and our rights under such contracts to receive payment for power and energy supplied, we have no legal interest in, or obligations in respect of, any of the assets, liabilities, equity, revenues or margins of our members.

        The following selected information on the individual members is intended to show, in the aggregate, the assets, liabilities, equity, revenues and margins of our members. Member assets, liabilities, equity, revenues and margins should not, however, be attributed to us. In addition, the revenues of our members are not pledged to us, but such revenues are received by the respective members and are the source from which moneys are derived by our members to pay for power and energy received from us. Revenues of our members are, however, pledged under their respective Rural Utilities Service mortgages or loan documents with other lenders.

        The information contained in these tables was taken from Rural Utilities Service Financial and Statistical Reports (RUS Form 7) or similar reports prepared for other lenders or provided directly by a member. This information has not been independently verified by the Rural Utilities Service, any lender or us. The "Total" columns were not supplied or compiled by the Rural Utilities Service, any lender or our members. The "Total" column in each table is for informational purposes only, inasmuch as each member operates independently and is not responsible for the obligations of other members, except as provided in the wholesale power contracts (see "BUSINESS—OGLETHORPE POWER CORPORATION—Wholesale Power Contracts" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017). In addition, the Times Interest Earned, Equity to Assets and Equity to Total Capitalization ratios were calculated by us from information obtained from each member's RUS Form 7 or other financial information provided to us, but the calculations were not independently verified by our members. No adjustments were made by us in calculating these ratios for items such as debt refinancings that are not reflected separately on the financial information provided to us.

        For the calendar years 2015, 2016 and 2017, the information on the individual members is presented in the succeeding tables as follows:

    Table 1—Selected Statistics,
    Table 2—Average Number of Consumers Served,
    Table 3—Annual Megawatt-hour Sales by Consumer Class,
    Table 4—Annual Revenues by Consumer Class,
    Table 5—Summary of Operating Results, and
    Table 6—Condensed Balance Sheet Information.



FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 1
SELECTED STATISTICS OF EACH MEMBER
(as of December 31)

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

Avg. Monthly Residential Rev. ($)

    141.53     130.92     145.14     135.06     121.48     171.71     128.13     122.76     130.48     160.37  

Avg. Monthly Residential kWh

    1,029     1,125     1,140     1,118     1,242     1,221     1,103     1,155     1,194     1,192  

Avg. Residential Rev.(cents per kWh)

    13.76     11.64     12.73     12.08     9.78     14.06     11.62     10.63     10.93     13.45  

Times Interest Earned Ratio (1)

   
2.24
   
2.27
   
2.21
   
3.13
   
2.03
   
2.54
   
1.95
   
2.23
   
2.26
   
1.30
 

Equity / Assets (1)

    55%     48%     46%     46%     35%     34%     36%     43%     45%     35%  

Equity / Total Capitalization (1)

    61%     64%     56%     52%     40%     37%     46%     52%     51%     40%  

2016

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    140.54     135.84     144.19     142.51     124.50     170.46     128.21     130.43     130.81     160.78  

Avg. Monthly Residential kWh

    1,076     1,199     1,183     1,186     1,324     1,253     1,224     1,218     1,282     1,273  

Avg. Residential Rev.(cents per kWh)

    13.06     11.33     12.19     12.02     9.40     13.60     10.47     10.71     10.21     12.63  

Times Interest Earned Ratio (1)

   
2.67
   
2.10
   
2.14
   
4.05
   
1.53
   
2.31
   
2.72
   
3.46
   
3.19
   
1.16
 

Equity / Assets (1)

    59%     46%     45%     46%     37%     33%     36%     44%     45%     35%  

Equity / Total Capitalization (1)

    66%     60%     55%     53%     43%     37%     46%     52%     50%     40%  

2015

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    147.35     135.45     150.43     145.77     122.18     175.04     122.11     135.11     128.25     155.76  

Avg. Monthly Residential kWh

    1,081     1,211     1,195     1,189     1,304     1,300     1,164     1,228     1,268     1,289  

Avg. Residential Rev.(cents per kWh)

    13.63     11.18     12.59     12.26     9.37     13.47     10.49     11.00     10.11     12.08  

Times Interest Earned Ratio (1)

   
2.94
   
2.15
   
2.38
   
3.12
   
1.83
   
2.28
   
2.80
   
2.39
   
2.85
   
2.00
 

Equity / Assets (1)

    62%     47%     45%     44%     38%     32%     34%     43%     43%     38%  

Equity / Total Capitalization (1)

    69%     61%     55%     50%     44%     36%     42%     51%     47%     43%  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

2017

                                                             

Avg. Monthly Residential Rev. ($)

    149.93     157.95     117.75     141.42     146.24     148.85     141.16     135.28     129.20     133.83  

Avg. Monthly Residential kWh

    1,150     1,118     940     1,128     1,158     1,158     1,000     1,156     1,178     1,082  

Avg. Residential Rev.(cents per kWh)

    13.04     14.13     12.53     12.54     12.63     12.85     14.11     11.70     10.96     12.37  

Times Interest Earned Ratio (1)

   
1.02
   
2.65
   
3.16
   
1.87
   
1.95
   
2.79
   
2.65
   
3.55
   
3.11
   
2.04
 

Equity / Assets (1)

    41%     52%     57%     39%     37%     51%     33%     45%     37%     41%  

Equity / Total Capitalization (1)

    47%     64%     71%     46%     41%     58%     38%     56%     51%     50%  

2016

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    143.56     156.44     122.72     143.64     139.03     152.95     146.69     132.99     124.76     140.10  

Avg. Monthly Residential kWh

    1,236     1,183     995     1,201     1,190     1,210     1,064     1,215     1,293     1,138  

Avg. Residential Rev.(cents per kWh)

    11.62     13.23     12.33     11.96     11.68     12.64     13.79     10.95     9.65     12.31  

Times Interest Earned Ratio (1)

   
2.53
   
2.60
   
3.83
   
1.86
   
1.79
   
2.97
   
2.07
   
3.88
   
2.40
   
2.41
 

Equity / Assets (1)

    42%     52%     57%     38%     37%     51%     30%     44%     35%     41%  

Equity / Total Capitalization (1)

    46%     61%     68%     44%     43%     57%     35%     58%     48%     49%  

2015

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    147.25     152.22     125.46     152.01     139.43     154.43     146.18     137.82     124.62     140.40  

Avg. Monthly Residential kWh

    1,237     1,206     1,001     1,184     1,186     1,229     1,055     1,227     1,265     1,136  

Avg. Residential Rev.(cents per kWh)

    11.90     12.62     12.53     12.84     11.76     12.57     13.85     11.23     9.85     12.36  

Times Interest Earned Ratio (1)

   
2.33
   
1.98
   
4.04
   
2.29
   
1.83
   
2.78
   
1.63
   
4.03
   
2.07
   
2.21
 

Equity / Assets (1)

    41%     50%     53%     37%     37%     51%     29%     43%     36%     41%  

Equity / Total Capitalization (1)

    45%     59%     63%     42%     41%     58%     33%     54%     52%     51%  

Footnotes:

(1)
Times Interest Earned and Equity ratios were calculated from information contained on each Member's RUS Form 7, or similar form provided to another lender, and were not independently verified by each respective Member.


Table 1 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

Avg. Monthly Residential Rev. ($)

    123.29     158.07     148.42     114.93     133.66     136.28     146.71     123.41     138.36     125.45  

Avg. Monthly Residential kWh

    1,195     1,305     1,055     1,153     1,013     1,052     1,017     1,184     1,081     943  

Avg. Residential Rev.(cents per kWh)

    10.32     12.12     14.06     9.97     13.19     12.95     14.43     10.42     12.80     13.30  

Times Interest Earned Ratio (1)

   
2.59
   
1.92
   
3.25
   
2.81
   
2.52
   
2.88
   
1.85
   
2.80
   
2.16
   
1.89
 

Equity / Assets (1)

    58%     39%     45%     46%     38%     48%     33%     43%     44%     36%  

Equity / Total Capitalization (1)

    68%     48%     55%     51%     50%     57%     37%     50%     52%     42%  

2016

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    123.68     152.08     145.99     123.23     137.19     143.15     138.48     130.61     141.81     133.44  

Avg. Monthly Residential kWh

    1,260     1,295     1,104     1,240     1,043     1,126     1,084     1,275     1,149     1,014  

Avg. Residential Rev.(cents per kWh)

    9.82     11.74     13.22     9.94     13.15     12.71     12.77     10.24     12.34     13.16  

Times Interest Earned Ratio (1)

   
2.45
   
1.93
   
2.98
   
3.12
   
2.15
   
2.49
   
1.62
   
2.63
   
2.32
   
1.83
 

Equity / Assets (1)

    59%     37%     45%     45%     40%     46%     33%     42%     44%     37%  

Equity / Total Capitalization (1)

    68%     45%     52%     51%     49%     55%     35%     49%     53%     42%  

2015

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    122.12     147.97     149.02     128.57     138.03     141.42     142.91     129.17     142.40     133.78  

Avg. Monthly Residential kWh

    1,271     1,314     1,124     1,223     1,043     1,117     1,083     1,267     1,147     1,018  

Avg. Residential Rev.(cents per kWh)

    9.61     11.26     13.26     10.51     13.24     12.67     13.20     10.19     12.42     13.14  

Times Interest Earned Ratio (1)

   
2.37
   
1.70
   
2.83
   
3.24
   
2.24
   
2.59
   
1.54
   
2.25
   
2.35
   
3.00
 

Equity / Assets (1)

    59%     37%     45%     46%     38%     41%     32%     40%     42%     36%  

Equity / Total Capitalization (1)

    67%     45%     56%     52%     45%     49%     36%     47%     50%     41%  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
WTD. AVG.
 

2017

                                                             

Avg. Monthly Residential Rev. ($)

    121.84     151.83     161.21     117.82     136.04     121.97     136.19     124.24           132.06  

Avg. Monthly Residential kWh

    1,239     1,197     1,242     853     1,103     1,079     1,204     1,009           1,156  

Avg. Residential Rev.(cents per kWh)

    9.83     12.7     12.98     13.8     12.34     11.31     11.31     12.31           11.43  

Times Interest Earned Ratio (1)

   
1.89
   
2.08
   
1.93
   
3.03
   
1.92
   
3.58
   
3.10
   
2.40
         
2.43
 

Equity / Assets (1)

    35%     41%     50%     46%     37%     61%     33%     52%           41%  

Equity / Total Capitalization (1)

    55%     50%     55%     51%     41%     69%     56%     57%           51%  

2016

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    129.42     155.57     166.28     122.62     135.78     124.72     141.48     128.15           134.61  

Avg. Monthly Residential kWh

    1,341     1,264     1,323     904     1,172     1,109     1,304     1,073           1,236  

Avg. Residential Rev.(cents per kWh)

    9.65     12.31     12.57     13.56     11.58     11.24     10.85     11.94           10.89  

Times Interest Earned Ratio (1)

   
1.83
   
2.84
   
1.69
   
4.58
   
1.60
   
3.11
   
1.82
   
3.06
         
2.52
 

Equity / Assets (1)

    36%     38%     46%     45%     37%     56%     35%     53%           41%  

Equity / Total Capitalization (1)

    55%     46%     51%     50%     41%     63%     57%     57%           50%  

2015

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    128.49     156.16     166.16     121.05     131.62     122.80     135.30     127.51           133.86  

Avg. Monthly Residential kWh

    1,337     1,269     1,351     915     1,177     1,104     1,286     1,073           1,226  

Avg. Residential Rev.(cents per kWh)

    9.61     12.31     12.30     13.23     11.19     11.12     10.52     11.89           10.92  

Times Interest Earned Ratio (1)

   
1.77
   
2.91
   
2.22
   
2.42
   
1.54
   
3.71
   
3.64
   
2.89
         
2.47
 

Equity / Assets (1)

    37%     34%     49%     42%     37%     50%     44%     53%           41%  

Equity / Total Capitalization (1)

    55%     41%     53%     46%     40%     58%     64%     57%           49%  

Footnotes:

(1)
Times Interest Earned and Equity ratios were calculated from information contained on each Member's RUS Form 7, or similar form provided to another lender, and were not independently verified by each respective Member.

FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 2
AVERAGE NUMBER OF CONSUMERS SERVED BY EACH MEMBER

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

Residential Service

    18,524     43,564     20,636     47,873     50,524     16,174     183,170     59,857     73,281     29,812  

Commercial & Industrial

    1,835     4,810     360     2,525     4,914     2,454     16,590     3,527     6,100     4,174  

Other

    227     8     452     376     322     143     5,352     3,008     777     969  

Total Consumers Served

    20,586     48,382     21,448     50,774     55,760     18,771     205,112     66,392     80,158     34,955  

2016

                                                             

Residential Service

    18,357     42,959     20,443     47,480     49,646     15,882     181,038     59,193     71,873     29,680  

Commercial & Industrial

    1,817     4,675     352     2,512     4,705     2,374     16,343     3,485     5,985     4,180  

Other

    238     8     432     375     312     144     5,322     2,906     767     953  

Total Consumers Served

    20,412     47,642     21,227     50,367     54,663     18,400     202,703     65,584     78,625     34,813  

2015

                                                             

Residential Service

    18,209     42,453     20,233     47,109     48,895     15,458     178,830     58,483     70,951     29,509  

Commercial & Industrial

    1,811     4,564     349     2,492     4,559     2,293     16,045     3,485     5,916     4,182  

Other

    226     9     418     371     307     146     5,282     2,817     754     930  

Total Consumers Served

    20,246     47,026     21,000     49,972     53,761     17,897     200,157     64,785     77,621     34,621  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

2017

                                                             

Residential Service

    5,164     21,139     10,893     10,406     33,645     15,372     15,567     50,490     156,377     8,173  

Commercial & Industrial

    1,714     1,173     666     1,998     2,421     587     2,815     2,669     16,388     372  

Other

    1,158     2,892     598     180     435     964         2,345     1,964     273  

Total Consumers Served

    8,036     25,204     12,157     12,584     36,501     16,923     18,382     55,504     174,729     8,818  

2016

                                                             

Residential Service

    5,126     21,102     10,871     10,377     33,088     15,210     15,587     50,156     151,906     8,067  

Commercial & Industrial

    1,703     1,190     659     1,948     2,449     585     2,711     2,640     15,935     373  

Other

    1,135     2,868     579     177     433     943         2,313     1,929     257  

Total Consumers Served

    7,964     25,160     12,109     12,502     35,970     16,738     18,298     55,109     169,770     8,697  

2015

                                                             

Residential Service

    5,138     21,110     10,824     10,367     32,372     15,088     15,682     49,785     147,411     7,950  

Commercial & Industrial

    1,705     1,186     665     1,900     2,404     581     2,634     2,588     15,542     384  

Other

    1,094     2,835     558     172     434     925         2,280     1,921     262  

Total Consumers Served

    7,937     25,131     12,047     12,439     35,210     16,594     18,316     54,653     164,874     8,596  

Table 2 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

Residential Service

    20,982     73,923     18,594     118,255     32,019     28,147     10,619     202,989     31,799     10,795  

Commercial & Industrial

    1,373     10,284     490     10,509     2,482     7,844     225     17,305     1,760     143  

Other

    396     1,092     683     1,531     3     11     1,569     4,793     420     435  

Total Consumers Served

    22,751     85,299     19,767     130,295     34,504     36,002     12,413     225,087     33,979     11,373  

2016

                                                             

Residential Service

    20,741     72,852     18,484     115,884     31,818     28,081     10,572     199,741     31,556     10,662  

Commercial & Industrial

    1,369     10,094     492     10,510     2,401     7,627     219     16,963     1,744     141  

Other

    387     1,070     673     1,513     7     11     1,526     4,732     414     420  

Total Consumers Served

    22,497     84,016     19,649     127,907     34,226     35,719     12,317     221,436     33,714     11,223  

2015

                                                             

Residential Service

    20,544     72,167     18,427     114,466     31,654     28,080     10,677     196,654     31,265     10,607  

Commercial & Industrial

    1,365     9,952     480     9,698     2,388     7,418     167     16,677     1,716     136  

Other

    379     1,032     657     1,049     7     10     1,391     4,662     402     402  

Total Consumers Served

    22,288     83,151     19,564     125,213     34,049     35,508     12,235     217,993     33,383     11,145  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
TOTAL
 

2017

                                                             

Residential Service

    92,596     17,976     14,758     13,820     19,320     8,321     117,269     14,740           1,717,563  

Commercial & Industrial

    4,112     1,067     4,997     509     2,048     661     7,922     605           152,428  

Other

    1,272     19     757     962         120     1,689     124           38,319  

Total Consumers Served

    97,980     19,062     20,512     15,291     21,368     9,102     126,880     15,469           1,908,310  

2016

                                                             

Residential Service

    90,999     17,817     14,707     13,792     19,218     8,312     115,494     14,701           1,693,472  

Commercial & Industrial

    4,047     1,079     4,943     514     2,013     658     7,815     602           149,852  

Other

    1,249     18     725     948         113     1,687     118           37,702  

Total Consumers Served

    96,295     18,914     20,375     15,254     21,231     9,083     124,996     15,421           1,881,026  

2015

                                                             

Residential Service

    89,831     17,650     14,680     13,828     19,117     8,291     114,147     14,656           1,672,598  

Commercial & Industrial

    4,059     1,085     4,899     519     1,970     675     7,748     599           146,836  

Other

    1,226     17     695     937         113     1,665     111           36,496  

Total Consumers Served

    95,116     18,752     20,274     15,284     21,087     9,079     123,560     15,366           1,855,930  


FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 3
ANNUAL MWh SALES BY CONSUMER CLASS OF EACH MEMBER

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

Residential Service

    228,658     588,113     282,349     642,477     753,012     237,054     2,424,326     829,766     1,050,168     426,514  

Commercial & Industrial

    168,606     110,224     115,166     375,690     424,127     247,319     1,184,070     277,134     451,792     200,473  

Other

    9,197     166     5,900     6,319     4,314     2,487     257,839     91,794     8,284     39,966  

Total MWh Sales

    406,461     698,502     403,415     1,024,486     1,181,453     486,860     3,866,234     1,198,694     1,510,244     666,952  

2016

                                                             

Residential Service

    236,991     618,095     290,205     675,797     789,026     238,806     2,659,656     864,851     1,105,301     453,385  

Commercial & Industrial

    163,099     113,219     115,030     381,686     427,126     233,845     1,218,614     275,161     455,282     205,428  

Other

    11,632     174     8,428     6,909     4,445     2,561     266,644     115,668     8,245     47,517  

Total MWh Sales

    411,721     731,488     413,663     1,064,392     1,220,597     475,211     4,144,914     1,255,679     1,568,828     706,330  

2015

                                                             

Residential Service

    236,206     617,022     290,100     672,224     764,836     241,077     2,497,093     862,037     1,080,014     456,495  

Commercial & Industrial

    166,949     111,139     117,416     379,203     415,726     236,840     1,199,301     265,690     446,645     206,451  

Other

    7,385     182     6,064     6,803     4,185     2,599     215,802     101,538     8,168     40,172  

Total MWh Sales

    410,540     728,343     413,580     1,058,230     1,184,746     480,515     3,912,197     1,229,265     1,534,827     703,118  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

2017

                                                             

Residential Service

    71,249     283,533     122,811     140,821     467,470     213,615     186,864     700,359     2,211,477     106,134  

Commercial & Industrial

    41,838     78,844     49,331     115,294     59,222     26,706     61,647     318,399     1,003,193     63,379  

Other

    21,316     70,189     8,549     5,465     16,582     22,221         34,418     161,278     3,500  

Total MWh Sales

    134,403     432,566     180,691     261,580     543,274     262,543     248,511     1,053,176     3,375,948     173,013  

2016

                                                             

Residential Service

    76,012     299,487     129,811     149,572     472,568     220,918     198,992     731,312     2,357,371     110,157  

Commercial & Industrial

    41,397     82,618     50,613     112,356     65,630     28,508     61,525     316,483     1,022,125     63,841  

Other

    35,696     91,969     13,887     7,513     17,175     30,914         44,225     159,175     4,664  

Total MWh Sales

    153,105     474,074     194,311     269,441     555,373     280,341     260,517     1,092,020     3,538,670     178,661  

2015

                                                             

Residential Service

    76,263     305,598     130,012     147,315     460,763     222,474     198,557     733,089     2,238,195     108,359  

Commercial & Industrial

    39,201     80,198     48,431     123,809     67,150     36,128     60,663     314,173     987,819     60,694  

Other

    25,061     54,736     9,166     5,823     17,323     29,130         39,059     144,994     4,167  

Total MWh Sales

    140,525     440,532     187,609     276,947     545,236     287,732     259,221     1,086,321     3,371,008     173,220  

Table 3 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

Residential Service

    300,791     1,157,198     235,483     1,636,365     389,221     355,448     129,568     2,883,533     412,559     122,162  

Commercial & Industrial

    67,486     601,128     33,290     1,014,581     92,456     190,696     32,697     2,014,145     112,056     51,164  

Other

    3,977     47,044     18,351     15,178     10,108     624     25,916     294,638     18,604     6,394  

Total MWh Sales

    372,254     1,805,370     287,124     2,666,125     491,785     546,768     188,181     5,192,316     543,219     179,721  

2016

                                                             

Residential Service

    313,624     1,132,435     244,882     1,723,973     398,313     379,577     137,525     3,057,123     435,266     129,698  

Commercial & Industrial

    68,150     570,627     40,307     1,041,053     100,788     199,265     32,888     2,019,347     116,502     51,479  

Other

    6,658     60,486     20,059     15,431     142     896     36,815     301,831     25,503     9,371  

Total MWh Sales

    388,433     1,763,548     305,248     2,780,456     499,243     579,739     207,228     5,378,301     577,270     190,548  

2015

                                                             

Residential Service

    313,283     1,137,647     248,546     1,679,776     396,144     376,226     138,706     2,990,406     430,272     129,613  

Commercial & Industrial

    66,037     561,059     37,007     1,000,149     98,339     195,092     30,345     1,980,615     114,277     50,394  

Other

    5,422     50,094     19,274     15,935     142     659     23,956     297,802     19,444     6,602  

Total MWh Sales

    384,742     1,748,800     304,826     2,695,860     494,625     571,978     193,007     5,268,823     563,992     186,608  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
TOTAL
 

2017

                                                             

Residential Service

    1,376,773     258,258     219,955     141,542     255,630     107,716     1,693,836     178,472           23,821,280  

Commercial & Industrial

    475,406     51,672     92,711     28,492     97,103     15,911     674,333     177,466           11,195,246  

Other

    17,849     5,117     31,841     44,192         3,821     73,943     5,430           1,392,808  

Total MWh Sales

    1,870,028     315,047     344,507     214,225     352,733     127,448     2,442,111     361,368           36,409,335  

2016

                                                             

Residential Service

    1,464,509     270,249     233,402     149,662     270,347     110,627     1,807,421     189,321           25,126,266  

Commercial & Industrial

    490,814     52,507     96,296     28,816     98,769     15,025     691,274     178,917           11,326,407  

Other

    17,696     5,496     54,826     54,118         3,175     74,541     7,837           1,572,321  

Total MWh Sales

    1,973,019     328,252     384,524     232,596     369,116     128,828     2,573,236     376,074           38,024,995  

2015

                                                             

Residential Service

    1,441,067     268,728     237,956     151,885     269,897     109,837     1,762,173     188,662           24,608,555  

Commercial & Industrial

    485,842     52,107     94,091     28,288     93,682     15,394     679,995     155,806           11,102,144  

Other

    17,457     5,153     35,465     48,266         3,204     72,994     5,536           1,349,761  

Total MWh Sales

    1,944,366     325,988     367,512     228,439     363,578     128,436     2,515,162     350,004           37,060,460  


FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 4
ANNUAL REVENUES BY CONSUMER CLASS OF EACH MEMBER

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

Residential Service

  $ 31,461,457   $ 68,442,415   $ 35,940,832   $ 77,588,814   $ 73,652,564   $ 33,327,307   $ 281,638,519   $ 88,179,161   $ 114,740,389   $ 57,371,191  

Commercial & Industrial

    16,699,065     13,891,377     10,668,684     29,357,826     31,599,258     14,629,110     114,276,077     25,094,485     41,787,305     19,714,963  

Other

    1,094,529     35,016     915,897     846,824     705,964     8,542,982     24,121,882     9,630,952     1,852,285     4,873,068  

Total Electric Sales

  $ 49,255,051   $ 82,368,808   $ 47,525,413   $ 107,793,464   $ 105,957,786   $ 56,499,399   $ 420,036,478   $ 122,904,598   $ 158,379,979   $ 81,959,222  

Other Operating Revenue

    591,100     6,893,271     9,923,402     3,649,001     5,090,391     790,820     9,699,827     3,272,451     2,146,980     2,922,513  

Total Operating Revenue

  $ 49,846,151   $ 89,262,079   $ 57,448,815   $ 111,442,465   $ 111,048,177   $ 57,290,219   $ 429,736,305   $ 126,177,049   $ 160,526,959   $ 84,881,735  

2016

                                                             

Residential Service

  $ 30,958,333   $ 70,028,534   $ 35,373,046   $ 81,197,960   $ 74,170,396   $ 32,487,341   $ 278,532,728   $ 92,644,189   $ 112,820,614   $ 57,261,743  

Commercial & Industrial

    15,268,045     13,879,170     10,891,747     29,976,829     31,226,411     21,053,564     109,039,993     25,581,695     39,101,234     19,828,798  

Other

    1,224,082     35,038     1,140,795     911,026     691,249     423,990     23,531,795     12,213,333     1,825,194     5,342,585  

Total Electric Sales

  $ 47,450,460   $ 83,942,742   $ 47,405,588   $ 112,085,815   $ 106,088,056   $ 53,964,895   $ 411,104,516   $ 130,439,217   $ 153,747,042   $ 82,433,126  

Other Operating Revenue

    880,646     6,020,136     5,264,779     2,692,930     1,822,934     813,154     9,804,513     3,269,944     565,736     2,991,272  

Total Operating Revenue

  $ 48,331,106   $ 89,962,878   $ 52,670,367   $ 114,778,745   $ 107,910,990   $ 54,778,049   $ 420,909,029   $ 133,709,161   $ 154,312,778   $ 85,424,398  

2015

                                                             

Residential Service

  $ 32,196,751   $ 69,001,762   $ 36,523,032   $ 82,406,067   $ 71,689,332   $ 32,468,578   $ 262,049,222   $ 94,816,410   $ 109,191,713   $ 55,155,404  

Commercial & Industrial

    16,066,596     13,579,957     12,077,067     30,712,460     30,364,125     21,504,713     107,645,599     25,445,708     37,899,922     19,302,657  

Other

    859,510     36,323     900,641     920,987     666,496     410,007     23,894,885     11,061,525     1,811,618     4,359,735  

Total Electric Sales

  $ 49,122,857   $ 82,618,042   $ 49,500,740   $ 114,039,514   $ 102,719,953   $ 54,383,298   $ 393,589,706   $ 131,323,643   $ 148,903,253   $ 78,817,796  

Other Operating Revenue

    652,842     7,619,926     5,651,223     1,578,138     (4,293,776 )   860,203     8,483,677     3,353,925     3,711,361     2,813,700  

Total Operating Revenue

  $ 49,775,699   $ 90,237,968   $ 55,151,963   $ 115,617,652   $ 98,426,177   $ 55,243,501   $ 402,073,383   $ 134,677,568   $ 152,614,614   $ 81,631,496  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

2017

                                                             

Residential Service

  $ 9,290,686   $ 40,066,499   $ 15,392,419   $ 17,659,610   $ 59,043,533   $ 27,456,940   $ 26,369,391   $ 81,964,318   $ 242,447,445   $ 13,125,701  

Commercial & Industrial

    5,590,869     9,421,356     4,655,332     9,952,367     7,313,627     3,024,342     8,384,951     21,944,192     95,847,815     6,509,174  

Other

    3,451,519     9,686,497     1,297,207     616,220     1,948,620     3,188,293         4,678,431     16,751,901     503,573  

Total Electric Sales

  $ 18,333,074   $ 59,174,352   $ 21,344,958   $ 28,228,197   $ 68,305,780   $ 33,669,575   $ 34,754,342   $ 108,586,941   $ 355,047,161   $ 20,138,448  

Other Operating Revenue

    234,296     2,348,934     680,691     570,648     836,958     1,428,024     897,011     3,408,907     824,646     397,617  

Total Operating Revenue

  $ 18,567,370   $ 61,523,286   $ 22,025,649   $ 28,798,845   $ 69,142,738   $ 35,097,599   $ 35,651,353   $ 111,995,848   $ 355,871,807   $ 20,536,065  

2016

                                                             

Residential Service

  $ 8,830,905   $ 39,614,593   $ 16,008,987   $ 17,886,546   $ 55,202,780   $ 27,915,779   $ 27,437,783   $ 80,045,227   $ 227,418,469   $ 13,562,351  

Commercial & Industrial

    4,988,061     9,280,037     4,653,765     9,575,089     7,566,017     3,182,477     8,230,523     21,663,457     88,467,240     6,546,204  

Other

    4,706,794     11,896,922     1,836,741     748,826     1,856,106     4,133,939         5,298,045     16,074,643     597,713  

Total Electric Sales

  $ 18,525,760   $ 60,791,552   $ 22,499,493   $ 28,210,461   $ 64,624,903   $ 35,232,195   $ 35,668,306   $ 107,006,729   $ 331,960,352   $ 20,706,268  

Other Operating Revenue

    337,320     1,814,738     710,567     643,587     873,016     963,695     816,794     3,428,325     (2,453,365 )   408,669  

Total Operating Revenue

  $ 18,863,080   $ 62,606,290   $ 23,210,060   $ 28,854,048   $ 65,497,919   $ 36,195,890   $ 36,485,100   $ 110,435,054   $ 329,506,987   $ 21,114,937  

2015

                                                             

Residential Service

  $ 9,078,769   $ 38,560,102   $ 16,295,275   $ 18,910,485   $ 54,163,242   $ 27,960,080   $ 27,508,014   $ 82,334,700   $ 220,443,140   $ 13,393,965  

Commercial & Industrial

    4,971,242     8,688,564     4,470,042     10,403,884     7,637,491     3,586,588     8,133,675     21,892,478     87,234,713     6,242,828  

Other

    3,637,374     9,529,568     1,359,137     665,606     1,896,767     3,909,166         4,886,931     15,423,984     561,895  

Total Electric Sales

  $ 17,687,385   $ 56,778,234   $ 22,124,454   $ 29,979,975   $ 63,697,500   $ 35,455,834   $ 35,641,689   $ 109,114,109   $ 323,101,837   $ 20,198,688  

Other Operating Revenue

    212,976     4,335,471     681,956     700,083     945,069     354,946     612,604     10,274,344     (9,241,872 )   718,783  

Total Operating Revenue

  $ 17,900,361   $ 61,113,705   $ 22,806,410   $ 30,680,058   $ 64,642,569   $ 35,810,780   $ 36,254,293   $ 119,388,453   $ 313,859,965   $ 20,917,471  

Table 4 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

Residential Service

  $ 31,043,522   $ 140,217,382   $ 33,116,818   $ 163,092,978   $ 51,356,267   $ 46,029,491   $ 18,694,502   $ 300,601,232   $ 52,796,484   $ 16,251,109  

Commercial & Industrial

    7,002,487     60,606,004     3,946,290     88,058,528     11,088,696     22,968,437     3,912,295     179,244,105     11,516,183     4,811,396  

Other

    704,204     5,310,183     2,704,773     2,605,514     873,844     67,481     4,180,678     32,730,706     2,703,846     950,708  

Total Electric Sales

  $ 38,750,213   $ 206,133,569   $ 39,767,881   $ 253,757,020   $ 63,318,807   $ 69,065,409   $ 26,787,475   $ 512,576,043   $ 67,016,513   $ 22,013,213  

Other Operating Revenue

    289,013     3,924,470     1,294,390     7,598,377     2,225,599     3,347,412     631,365     12,580,349     3,339,268     970,730  

Total Operating Revenue

  $ 39,039,226   $ 210,058,039   $ 41,062,271   $ 261,355,397   $ 65,544,406   $ 72,412,821   $ 27,418,840   $ 525,156,392   $ 70,355,781   $ 22,983,943  

2016

                                                             

Residential Service

  $ 30,784,012   $ 132,950,816   $ 32,381,702   $ 171,369,454   $ 52,381,468   $ 48,237,626   $ 17,567,853   $ 313,051,507   $ 53,699,904   $ 17,072,599  

Commercial & Industrial

    6,717,516     55,835,859     4,262,264     89,148,981     11,682,900     23,745,144     3,453,888     176,118,520     11,755,140     4,781,771  

Other

    882,233     6,113,025     2,712,988     2,580,526     10,949     91,829     4,873,550     32,751,099     3,310,740     1,279,698  

Total Electric Sales

  $ 38,383,761   $ 194,899,700   $ 39,356,954   $ 263,098,961   $ 64,075,317   $ 72,074,599   $ 25,895,291   $ 521,921,126   $ 68,765,784   $ 23,134,068  

Other Operating Revenue

    (417,438 )   9,704,708     1,321,474     3,045,635     (667,104 )   (5,507 )   163,758     8,056,021     2,506,470     508,981  

Total Operating Revenue

  $ 37,966,323   $ 204,604,408   $ 40,678,428   $ 266,144,596   $ 63,408,213   $ 72,069,092   $ 26,059,049   $ 529,977,147   $ 71,272,254   $ 23,643,049  

2015

                                                             

Residential Service

  $ 30,105,705   $ 128,146,837   $ 32,952,721   $ 176,599,344   $ 52,432,075   $ 47,652,426   $ 18,309,567   $ 304,831,300   $ 53,425,345   $ 17,027,947  

Commercial & Industrial

    6,512,623     52,482,194     4,043,560     94,121,440     11,599,413     23,149,653     3,290,051     174,527,822     11,776,999     4,631,479  

Other

    644,041     4,977,333     2,629,128     2,586,513     10,949     70,145     3,077,481     31,707,178     2,545,974     953,154  

Total Electric Sales

  $ 37,262,369   $ 185,606,364   $ 39,625,409   $ 273,307,297   $ 64,042,437   $ 70,872,224   $ 24,677,099   $ 511,066,300   $ 67,748,318   $ 22,612,580  

Other Operating Revenue

    (100,648 )   11,131,817     1,359,650     8,126,152     2,981,224     3,842,691     447,982     11,402,952     4,980,001     1,974,969  

Total Operating Revenue

  $ 37,161,721   $ 196,738,181   $ 40,985,059   $ 281,433,449   $ 67,023,661   $ 74,714,915   $ 25,125,081   $ 522,469,252   $ 72,728,319   $ 24,587,549  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
TOTAL
 

2017

                                                             

Residential Service

  $ 135,383,653   $ 32,750,660   $ 28,549,744   $ 19,539,046   $ 31,540,619   $ 12,179,381   $ 191,643,993   $ 21,976,425         $ 2,721,922,497  

Commercial & Industrial

    37,176,511     5,482,849     12,490,830     4,194,576     9,041,106     1,208,075     66,432,264     13,874,957           1,033,417,764  

Other

    3,209,309     474,009     4,739,433     7,724,973         473,873     9,293,331     677,677           174,166,202  

Total Electric Sales

  $ 175,769,473   $ 38,707,518   $ 45,780,007   $ 31,458,595   $ 40,581,725   $ 13,861,329   $ 267,369,588   $ 36,529,059         $ 3,929,506,463  

Other Operating Revenue

    8,816,449     941,178     1,094,569     705,420     1,144,414     718,399     7,610,452     856,518           114,695,860  

Total Operating Revenue

  $ 184,585,922   $ 39,648,696   $ 46,874,576   $ 32,164,015   $ 41,726,139   $ 14,579,728   $ 274,980,040   $ 37,385,577         $ 4,044,202,323  

2016

                                                             

Residential Service

  $ 141,323,532   $ 33,262,210   $ 29,345,457   $ 20,294,865   $ 31,313,436   $ 12,439,737   $ 196,079,667   $ 22,607,410         $ 2,735,561,559  

Commercial & Industrial

    37,711,307     5,301,424     12,524,578     4,040,747     8,608,100     1,718,615     65,490,333     13,492,204           1,016,389,647  

Other

    3,133,313     459,491     6,995,594     9,020,759         383,253     9,138,731     848,875           179,075,469  

Total Electric Sales

  $ 182,168,152   $ 39,023,125   $ 48,865,629   $ 33,356,371   $ 39,921,536   $ 14,541,605   $ 270,708,731   $ 36,948,489         $ 3,931,026,675  

Other Operating Revenue

    565,518     1,130,484     (1,339,245 )   740,161     1,136,016     375,815     (12,051,370 )   967,255           57,411,022  

Total Operating Revenue

  $ 182,733,670   $ 40,153,609   $ 47,526,384   $ 34,096,532   $ 41,057,552   $ 14,917,420   $ 258,657,361   $ 37,915,744         $ 3,988,437,697  

2015

                                                             

Residential Service

  $ 138,503,926   $ 33,073,727   $ 29,271,388   $ 20,087,367   $ 30,194,999   $ 12,217,150   $ 185,324,965   $ 22,426,298         $ 2,686,729,130  

Commercial & Industrial

    37,479,806     5,270,797     12,003,531     3,828,707     8,139,095     1,733,974     62,877,997     12,423,468           1,007,752,918  

Other

    3,081,315     424,619     4,851,143     8,044,632         382,965     8,887,304     619,102           162,285,131  

Total Electric Sales

  $ 179,065,047   $ 38,769,143   $ 46,126,062   $ 31,960,706   $ 38,334,094   $ 14,334,089   $ 257,090,266   $ 35,468,868         $ 3,856,767,179  

Other Operating Revenue

    (10,786,844 )   1,060,162     2,213,617     752,409     1,093,822     382,748     (9,878,844 )   803,679           71,813,118  

Total Operating Revenue

  $ 168,278,203   $ 39,829,305   $ 48,339,679   $ 32,713,115   $ 39,427,916   $ 14,716,837   $ 247,211,422   $ 36,272,547         $ 3,928,580,297  

FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 5
SUMMARY OF OPERATING RESULTS OF EACH MEMBER

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

Operating Revenue & Patronage Capital

  $ 49,846,151   $ 89,262,079   $ 57,448,815   $ 111,442,466   $ 111,048,177   $ 57,290,219   $ 429,736,305   $ 126,177,049   $ 160,526,957   $ 84,881,735  

Depreciation and Amortization

    3,549,751     6,129,901     4,782,723     8,532,019     6,727,316     3,364,713     28,481,542     8,929,227     10,250,389     8,777,717  

Other Operating Expenses

    44,003,675     79,314,560     48,285,368     90,944,113     97,891,980     48,536,510     371,854,308     109,075,602     139,835,245     70,838,803  

Electric Operating Margin

  $ 2,292,725   $ 3,817,618   $ 4,380,724   $ 11,966,334   $ 6,428,881   $ 5,388,996   $ 29,400,455   $ 8,172,220   $ 10,441,323   $ 5,265,215  

Other Income

    1,521,697     3,012,007     1,512,767     2,801,946     4,181,705     832,899     13,589,460     1,882,824     4,171,691     1,518,118  

Gross Operating Margin

  $ 3,814,422   $ 6,829,625   $ 5,893,491   $ 14,768,280   $ 10,610,586   $ 6,221,895   $ 42,989,915   $ 10,055,044   $ 14,613,014   $ 6,783,333  

Interest on Long-term Debt

    1,675,858     2,961,706     2,659,692     4,694,703     5,172,208     2,412,967     21,632,775     4,508,577     6,343,664     5,214,871  

Other Deductions

    55,944     115,357     2,905     75,660     97,979     89,751     847,824         259,831     13,744  

Net Margins

  $ 2,082,620   $ 3,752,562   $ 3,230,894   $ 9,997,917   $ 5,340,399   $ 3,719,177   $ 20,509,316   $ 5,546,467   $ 8,009,519   $ 1,554,718  

2016

                                                             

Operating Revenue & Patronage Capital

  $ 48,331,108   $ 89,962,878   $ 52,670,367   $ 114,778,745   $ 107,910,990   $ 54,778,049   $ 420,909,029   $ 133,709,161   $ 154,312,779   $ 85,424,398  

Depreciation and Amortization

    3,587,794     6,014,238     4,536,869     8,298,109     6,339,398     3,166,082     30,714,221     8,588,371     9,860,531     8,016,152  

Other Operating Expenses

    42,249,280     80,543,524     43,911,363     88,476,549     97,506,918     46,820,385     360,857,532     111,726,700     130,434,231     73,370,890  

Electric Operating Margin

  $ 2,494,034   $ 3,405,116   $ 4,222,135   $ 18,004,087   $ 4,064,674   $ 4,791,582   $ 29,337,276   $ 13,394,090   $ 14,018,017   $ 4,037,356  

Other Income

    1,243,682     3,064,304     1,495,718     2,481,537     3,794,148     911,965     31,049,236     2,178,349     6,206,311     1,745,530  

Gross Operating Margin

  $ 3,737,716   $ 6,469,420   $ 5,717,853   $ 20,485,624   $ 7,858,822   $ 5,703,547   $ 60,386,512   $ 15,572,439   $ 20,224,328   $ 5,782,886  

Interest on Long-term Debt

    1,384,536     3,070,959     2,666,637     5,060,283     5,118,818     2,454,039     21,922,157     4,498,144     6,292,704     4,914,545  

Other Deductions

    38,216     7,623     1,025     (423 )   29,329     42,519     803,713         134,468     74,879  

Net Margins

  $ 2,314,964   $ 3,390,838   $ 3,050,191   $ 15,425,764   $ 2,710,675   $ 3,206,989   $ 37,660,642   $ 11,074,295   $ 13,797,156   $ 793,462  

2015

                                                             

Operating Revenue & Patronage Capital

  $ 49,775,698   $ 90,237,968   $ 55,151,963   $ 115,617,653   $ 98,426,177   $ 55,243,501   $ 402,073,383   $ 134,677,568   $ 152,614,614   $ 81,631,496  

Depreciation and Amortization

    3,277,791     5,988,572     4,116,095     7,903,199     6,106,847     2,996,636     33,046,849     8,293,731     9,534,698     7,568,627  

Other Operating Expenses

    44,946,221     80,713,982     45,849,011     93,154,067     85,439,158     47,697,814     327,145,545     117,631,489     130,788,228     66,363,242  

Electric Operating Margin

  $ 1,551,686   $ 3,535,414   $ 5,186,857   $ 14,560,387   $ 6,880,172   $ 4,549,051   $ 41,880,989   $ 8,752,348   $ 12,291,688   $ 7,699,627  

Other Income

    2,314,655     3,027,298     1,181,367     2,553,340     3,218,714     834,371     24,646,594     1,936,548     6,524,856     1,395,727  

Gross Operating Margin

  $ 3,866,341   $ 6,562,712   $ 6,368,224   $ 17,113,727   $ 10,098,886   $ 5,383,422   $ 66,527,583   $ 10,688,896   $ 18,816,544   $ 9,095,354  

Interest on Long-term Debt

    1,304,988     3,043,040     2,668,480     5,391,017     5,519,923     2,334,398     23,519,110     4,478,996     6,543,836     4,533,426  

Other Deductions

    28,701     8,524     11,244     298,895     9,261     50,421     748,298         137,950     26,094  

Net Margins

  $ 2,532,652   $ 3,511,148   $ 3,688,500   $ 11,423,815   $ 4,569,702   $ 2,998,603   $ 42,260,175   $ 6,209,900   $ 12,134,758   $ 4,535,834  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Middle
Georgia
  Mitchell   Ocmulgee   Oconee   Okefenoke   Planters   Rayle   Satilla   Sawnee   Slash
Pine
 

2017

                                                             

Operating Revenue & Patronage Capital

  $ 18,567,370   $ 61,523,286   $ 22,025,649   $ 28,798,845   $ 69,142,738   $ 35,097,600   $ 35,651,353   $ 111,995,845   $ 355,871,804   $ 20,536,064  

Depreciation and Amortization

    1,561,639     4,139,327     1,498,690     2,159,017     5,105,000     2,284,931     2,919,398     7,070,450     20,378,496     1,025,712  

Other Operating Expenses

    16,377,742     52,784,541     18,021,758     24,243,327     58,538,882     30,558,141     29,000,327     94,075,957     307,237,646     18,455,761  

Electric Operating Margin

  $ 627,989   $ 4,599,418   $ 2,505,201   $ 2,396,501   $ 5,498,856   $ 2,254,528   $ 3,731,628   $ 10,849,438   $ 28,255,662   $ 1,054,591  

Other Income

    392,887     1,591,401     903,849     788,940     1,056,264     1,655,028     1,201,936     3,193,567     8,244,323     456,744  

Gross Operating Margin

  $ 1,020,876   $ 6,190,819   $ 3,409,050   $ 3,185,441   $ 6,555,120   $ 3,909,556   $ 4,933,564   $ 14,043,005   $ 36,499,985   $ 1,511,335  

Interest on Long-term Debt

    906,063     2,255,475     1,074,345     1,684,911     3,322,962     1,401,202     1,852,459     3,861,343     11,739,856     728,087  

Other Deductions

    98,210     217,921     14,908     38,397     79,123     4,992     20,639     345,604     24,357     26,194  

Net Margins

  $ 16,603   $ 3,717,423   $ 2,319,797   $ 1,462,133   $ 3,153,035   $ 2,503,362   $ 3,060,466   $ 9,836,058   $ 24,735,772   $ 757,054  

2016

                                                             

Operating Revenue & Patronage Capital

  $ 18,863,080   $ 62,606,290   $ 23,210,060   $ 28,854,048   $ 65,497,920   $ 36,195,892   $ 36,485,100   $ 110,435,051   $ 329,506,987   $ 21,114,937  

Depreciation and Amortization

    1,527,108     3,978,408     1,458,713     2,100,425     4,931,428     2,199,869     2,922,927     6,637,847     17,607,272     963,278  

Other Operating Expenses

    15,262,925     53,412,146     18,316,141     24,266,264     56,302,414     31,201,744     30,761,618     92,557,988     291,281,214     18,401,501  

Electric Operating Margin

  $ 2,073,047   $ 5,215,736   $ 3,435,206   $ 2,487,359   $ 4,264,078   $ 2,794,279   $ 2,800,555   $ 11,239,216   $ 20,618,501   $ 1,750,158  

Other Income

    431,903     1,524,202     652,996     828,050     1,433,668     1,570,897     1,177,362     3,102,001     7,393,607     584,315  

Gross Operating Margin

  $ 2,504,950   $ 6,739,938   $ 4,088,202   $ 3,315,409   $ 5,697,746   $ 4,365,176   $ 3,977,917   $ 14,341,217   $ 28,012,108   $ 2,334,473  

Interest on Long-term Debt

    965,322     2,395,207     1,064,336     1,783,692     3,181,579     1,468,492     1,915,985     3,645,694     11,515,024     747,798  

Other Deductions

    61,245     505,795     14,975     (1,478 )   10,324     9,155     6,364     207,618     334,774     531,835  

Net Margins

  $ 1,478,383   $ 3,838,936   $ 3,008,891   $ 1,533,195   $ 2,505,843   $ 2,887,529   $ 2,055,568   $ 10,487,905   $ 16,162,310   $ 1,054,840  

2015

                                                             

Operating Revenue & Patronage Capital

  $ 17,900,361   $ 61,113,705   $ 22,806,410   $ 30,680,058   $ 64,642,569   $ 35,810,783   $ 36,254,293   $ 119,388,451   $ 313,859,965   $ 20,917,470  

Depreciation and Amortization

    1,453,788     3,982,279     1,427,503     2,213,587     4,789,362     2,078,641     2,854,467     6,225,553     16,853,235     923,647  

Other Operating Expenses

    14,455,981     53,996,637     17,840,487     24,991,213     54,782,131     31,088,303     30,820,479     102,527,147     280,537,035     18,865,414  

Electric Operating Margin

  $ 1,990,592   $ 3,134,789   $ 3,538,420   $ 3,475,258   $ 5,071,076   $ 2,643,839   $ 2,579,347   $ 10,635,751   $ 16,469,695   $ 1,128,409  

Other Income

    434,539     1,316,873     527,158     839,783     1,215,146     1,413,642     1,108,244     2,934,801     6,550,989     361,720  

Gross Operating Margin

  $ 2,425,131   $ 4,451,662   $ 4,065,578   $ 4,315,041   $ 6,286,222   $ 4,057,481   $ 3,687,591   $ 13,570,552   $ 23,020,684   $ 1,490,129  

Interest on Long-term Debt

    1,016,189     2,158,739     1,003,753     1,888,422     3,338,339     1,449,910     2,244,503     3,318,225     11,103,452     667,599  

Other Deductions

    53,853     185,842     14,086     (8,060 )   161,976     30,665     39,650     190,537     51,252     14,127  

Net Margins

  $ 1,355,089   $ 2,107,081   $ 3,047,739   $ 2,434,679   $ 2,785,907   $ 2,576,906   $ 1,403,438   $ 10,061,790   $ 11,865,980   $ 808,403  

Table 5 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

Operating Revenue & Patronage Capital

  $ 37,410,715   $ 210,058,039   $ 41,062,272   $ 261,355,397   $ 65,544,405   $ 72,412,820   $ 27,418,839   $ 525,156,392   $ 70,355,781   $ 22,983,943  

Depreciation and Amortization

    2,655,111     13,753,895     3,270,635     16,843,168     5,210,858     5,072,500     2,928,272     33,926,080     5,230,040     1,721,623  

Other Operating Expenses

    32,864,452     184,463,056     35,618,949     223,709,717     55,014,088     62,606,498     21,530,151     454,060,868     60,713,754     19,297,814  

Electric Operating Margin

  $ 1,891,152   $ 11,841,088   $ 2,172,688   $ 20,802,512   $ 5,319,459   $ 4,733,822   $ 2,960,416   $ 37,169,444   $ 4,411,987   $ 1,964,506  

Other Income

    1,416,323     2,938,396     2,578,342     7,248,837     1,631,170     3,096,511     615,560     23,530,136     2,545,539     303,453  

Gross Operating Margin

  $ 3,307,475   $ 14,779,484   $ 4,751,030   $ 28,051,349   $ 6,950,629   $ 7,830,333   $ 3,575,976   $ 60,699,580   $ 6,957,526   $ 2,267,959  

Interest on Long-term Debt

    1,276,987     7,414,031     1,395,239     9,971,018     2,720,215     2,717,882     1,863,899     21,711,655     3,211,720     1,200,000  

Other Deductions

        515,090     215,695     37,555     106,957     9,635     125,894     10,000     16,496      

Net Margins

  $ 2,030,488   $ 6,850,363   $ 3,140,096   $ 18,042,776   $ 4,123,457   $ 5,102,816   $ 1,586,183   $ 38,977,925   $ 3,729,310   $ 1,067,959  

2016

                                                             

Operating Revenue & Patronage Capital

  $ 37,966,323   $ 204,604,407   $ 40,678,428   $ 266,144,595   $ 63,408,213   $ 72,069,091   $ 26,059,049   $ 529,977,147   $ 71,272,257   $ 23,643,049  

Depreciation and Amortization

    2,663,301     13,285,069     3,166,197     16,105,650     4,897,732     4,989,728     2,800,256     32,400,183     4,975,953     1,681,107  

Other Operating Expenses

    33,340,350     179,745,875     35,997,524     222,901,809     54,846,703     62,716,682     20,693,613     458,907,428     61,142,045     20,058,129  

Electric Operating Margin

  $ 1,962,672   $ 11,573,463   $ 1,514,707   $ 27,137,136   $ 3,663,778   $ 4,362,681   $ 2,565,180   $ 38,669,536   $ 5,154,259   $ 1,903,813  

Other Income

    1,286,678     3,295,296     1,996,178     4,174,895     2,530,446     3,065,778     742,823     20,194,663     2,479,031     287,871  

Gross Operating Margin

  $ 3,249,350   $ 14,868,759   $ 3,510,885   $ 31,312,031   $ 6,194,224   $ 7,428,459   $ 3,308,003   $ 58,864,199   $ 7,633,290   $ 2,191,684  

Interest on Long-term Debt

    1,328,785     7,492,336     1,065,406     10,029,716     2,847,770     2,978,131     2,007,445     22,377,637     3,277,716     1,200,000  

Other Deductions

        407,764     332,182         74,935     7,369     50,162     10,000     15,258      

Net Margins

  $ 1,920,565   $ 6,968,659   $ 2,113,297   $ 21,282,315   $ 3,271,519   $ 4,442,959   $ 1,250,396   $ 36,476,562   $ 4,340,316   $ 991,684  

2015

                                                             

Operating Revenue & Patronage Capital

  $ 37,161,720   $ 196,738,181   $ 40,985,059   $ 281,433,449   $ 67,023,662   $ 74,714,915   $ 25,125,082   $ 522,469,251   $ 72,728,318   $ 24,587,550  

Depreciation and Amortization

    2,672,578     12,311,567     3,050,106     15,432,392     5,554,472     4,880,898     2,715,656     31,021,193     4,741,433     1,545,452  

Other Operating Expenses

    32,507,941     173,920,578     36,605,270     234,840,699     56,148,779     64,451,692     19,895,636     460,166,925     62,735,258     20,129,545  

Electric Operating Margin

  $ 1,981,201   $ 10,506,036   $ 1,329,683   $ 31,160,358   $ 5,320,411   $ 5,382,325   $ 2,513,790   $ 31,281,133   $ 5,251,627   $ 2,912,553  

Other Income

    1,290,076     2,680,519     1,863,620     4,789,814     1,115,940     3,056,144     630,377     19,005,216     2,362,515     633,933  

Gross Operating Margin

  $ 3,271,277   $ 13,186,555   $ 3,193,303   $ 35,950,172   $ 6,436,351   $ 8,438,469   $ 3,144,167   $ 50,286,349   $ 7,614,142   $ 3,546,486  

Interest on Long-term Debt

    1,380,623     7,597,541     1,052,377     11,110,492     2,864,141     3,250,080     1,987,368     22,354,752     3,231,016     1,182,000  

Other Deductions

        287,635     214,853         33,341     10,961     80,156     293     13,151      

Net Margins

  $ 1,890,654   $ 5,301,379   $ 1,926,073   $ 24,839,680   $ 3,538,869   $ 5,177,428   $ 1,076,643   $ 27,931,304   $ 4,369,975   $ 2,364,486  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
TOTAL
 

2017

                                                             

Operating Revenue & Patronage Capital

  $ 184,585,922   $ 39,648,695   $ 46,874,576   $ 32,164,014   $ 41,726,139   $ 14,579,728   $ 274,980,040   $ 37,385,576         $ 4,042,573,800  

Depreciation and Amortization

    10,173,388     2,664,453     3,495,490     2,225,498     3,762,410     867,204     14,006,007     2,467,265           267,941,855  

Other Operating Expenses

    169,715,873     34,257,212     39,890,080     27,573,690     33,262,975     12,493,483     254,478,333     32,791,133           3,504,216,372  

Electric Operating Margin

  $ 4,696,661   $ 2,727,030   $ 3,489,006   $ 2,364,826   $ 4,700,754   $ 1,219,041   $ 6,495,700   $ 2,127,178         $ 270,415,573  

Other Income

    3,351,546     1,036,749     1,665,693     1,762,285     1,547,919     791,602     9,150,546     1,196,220           120,916,880  

Gross Operating Margin

  $ 8,048,207   $ 3,763,779   $ 5,154,699   $ 4,127,111   $ 6,248,673   $ 2,010,643   $ 15,646,246   $ 3,323,398         $ 391,332,453  

Interest on Long-term Debt

    4,181,631     1,805,767     2,661,473     1,331,887     3,235,864     557,232     4,988,083     1,382,384           159,730,691  

Other Deductions

    126,848         29,653     96,367     49,050     18,203     159,951               3,946,734  

Net Margins

  $ 3,739,728   $ 1,958,012   $ 2,463,573   $ 2,698,857   $ 2,963,759   $ 1,435,208   $ 10,498,212   $ 1,941,014         $ 227,655,028  

2016

                                                             

Operating Revenue & Patronage Capital

  $ 182,733,670   $ 40,153,609   $ 47,526,384   $ 34,096,533   $ 41,057,553   $ 14,917,420   $ 258,657,361   $ 37,915,744         $ 3,988,437,702  

Depreciation and Amortization

    10,551,288     2,552,198     3,396,484     2,126,904     3,610,662     843,355     13,576,645     2,374,522           259,446,274  

Other Operating Expenses

    167,414,061     33,302,262     41,305,446     27,638,271     33,770,701     12,591,366     247,742,733     32,318,820           3,454,095,145  

Electric Operating Margin

  $ 4,768,321   $ 4,299,149   $ 2,824,454   $ 4,331,358   $ 3,676,190   $ 1,482,699   –$ 2,662,017   $ 3,222,402         $ 274,896,283  

Other Income

    3,008,302     852,267     1,546,246     1,483,235     1,548,117     598,281     11,193,759     783,027           133,936,674  

Gross Operating Margin

  $ 7,776,623   $ 5,151,416   $ 4,370,700   $ 5,814,593   $ 5,224,307   $ 2,080,980   $ 8,531,742   $ 4,005,429         $ 408,832,957  

Interest on Long-term Debt

    4,179,862     1,816,752     2,574,443     1,248,160     3,260,381     664,468     4,563,129     1,309,390           160,287,478  

Other Deductions

    121,660         15,633     101,217     14,368     15,312     220,739     3,377           4,201,932  

Net Margins

  $ 3,475,101   $ 3,334,664   $ 1,780,624   $ 4,465,216   $ 1,949,558   $ 1,401,200   $ 3,747,874   $ 2,692,662         $ 244,343,547  

2015

                                                             

Operating Revenue & Patronage Capital

  $ 168,278,202   $ 39,829,305   $ 48,339,678   $ 32,713,115   $ 39,427,916   $ 14,716,838   $ 247,211,422   $ 36,272,547         $ 3,928,580,296  

Depreciation and Amortization

    9,249,850     2,462,712     3,155,952     2,000,692     3,564,555     839,040     13,093,007     2,310,449           252,237,111  

Other Operating Expenses

    153,446,149     32,684,271     40,842,726     29,044,157     32,206,503     12,023,366     227,459,845     31,087,946           3,389,830,870  

Electric Operating Margin

  $ 5,582,203   $ 4,682,322   $ 4,341,000   $ 1,668,266   $ 3,656,858   $ 1,854,432   $ 6,658,570   $ 2,874,152         $ 286,512,315  

Other Income

    2,352,471     814,938     1,594,794     1,539,509     1,450,727     564,041     10,710,485     1,073,131           121,864,615  

Gross Operating Margin

  $ 7,934,674   $ 5,497,260   $ 5,935,794   $ 3,207,775   $ 5,107,585   $ 2,418,473   $ 17,369,055   $ 3,947,283         $ 408,376,930  

Interest on Long-term Debt

    4,419,534     1,890,802     2,621,055     1,295,880     3,301,179     649,554     4,717,791     1,362,736           163,795,266  

Other Deductions

    99,275         124,580     71,462     11,839     9,393     185,125     6,455           3,201,835  

Net Margins

  $ 3,415,865   $ 3,606,458   $ 3,190,159   $ 1,840,433   $ 1,794,567   $ 1,759,526   $ 12,466,139   $ 2,578,092         $ 241,379,829  


FINANCIAL AND STATISTICAL INFORMATION FOR THE
38 MEMBERS OF OGLETHORPE POWER CORPORATION

Table 6
CONDENSED BALANCE SHEET INFORMATION OF EACH MEMBER
(as of December 31)

 
  Altamaha   Amicalola   Canoochee   Carroll   Central
Georgia
  Coastal   Cobb   Colquitt   Coweta-
Fayette
  Diverse  

2017

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 121,986,655   $ 204,766,617   $ 145,155,214   $ 267,281,107   $ 232,311,988   $ 107,534,708   $ 925,146,501   $ 284,661,260   $ 348,310,104   $ 231,613,058  

Depreciation

    32,710,948     77,580,095     39,665,692     81,063,141     52,638,659     24,049,233     304,465,347     82,215,898     117,614,387     75,117,407  

Net Plant

    89,275,707     127,186,522     105,489,522     186,217,966     179,673,329     83,485,475     620,681,154     202,445,362     230,695,717     156,495,651  

Other Assets

    42,492,096     33,264,913     27,759,774     73,552,539     59,933,142     26,065,989     293,550,578     65,116,877     95,293,577     28,694,441  

Total Assets

  $ 131,767,803   $ 160,451,435   $ 133,249,296   $ 259,770,505   $ 239,606,471   $ 109,551,464   $ 914,231,732   $ 267,562,239   $ 325,989,294   $ 185,190,092  

EQUITY & LIABILITIES

                                                             

Equity

  $ 72,529,613   $ 76,904,712   $ 61,416,406   $ 119,208,053   $ 83,144,158   $ 37,611,805   $ 333,552,091   $ 115,923,627   $ 146,075,458   $ 65,123,874  

Long-term Debt

    46,034,194     42,723,419     48,981,686     109,252,392     125,396,174     62,763,673     394,716,000     109,053,408     138,426,443     99,407,505  

Other Liabilities

    13,203,996     40,823,304     22,851,204     31,310,060     31,066,139     9,175,986     185,963,641     42,585,204     41,487,393     20,658,713  

Total Equity and Liabilities

  $ 131,767,803   $ 160,451,435   $ 133,249,296   $ 259,770,505   $ 239,606,471   $ 109,551,464   $ 914,231,732   $ 267,562,239   $ 325,989,294   $ 185,190,092  

2016

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 116,887,982   $ 199,578,232   $ 141,200,743   $ 259,779,061   $ 222,677,383   $ 102,686,763   $ 899,465,793   $ 271,798,230   $ 335,464,801   $ 218,572,002  

Depreciation

    33,016,311     74,431,211     37,225,948     76,983,567     56,119,627     22,038,717     292,642,084     75,611,498     111,376,858     72,696,434  

Net Plant

    83,871,671     125,147,021     103,974,795     182,795,494     166,557,756     80,648,046     606,823,709     196,186,732     224,087,943     145,875,568  

Other Assets

    34,356,602     26,324,731     26,259,726     64,208,596     52,053,896     23,448,899     294,961,958     68,965,352     90,317,816     32,220,726  

Total Assets

  $ 118,228,273   $ 151,471,752   $ 130,234,521   $ 247,004,090   $ 218,611,652   $ 104,096,945   $ 901,785,667   $ 265,152,084   $ 314,405,759   $ 178,096,294  

EQUITY & LIABILITIES

                                                             

Equity

  $ 70,050,595   $ 69,675,396   $ 58,897,511   $ 114,282,511   $ 80,169,701   $ 34,370,542   $ 328,794,253   $ 116,523,267   $ 141,521,837   $ 62,517,237  

Long-term Debt

    35,703,257     46,807,577     48,390,347     103,092,112     107,986,717     59,621,485     379,841,939     107,315,003     141,540,795     94,516,508  

Other Liabilities

    12,474,421     34,988,779     22,946,663     29,629,467     30,455,234     10,104,918     193,149,475     41,313,814     31,343,127     21,062,549  

Total Equity and Liabilities

  $ 118,228,273   $ 151,471,752   $ 130,234,521   $ 247,004,090   $ 218,611,652   $ 104,096,945   $ 901,785,667   $ 265,152,084   $ 314,405,759   $ 178,096,294  

2015

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 108,211,182   $ 195,871,801   $ 139,328,429   $ 254,248,386   $ 212,046,814   $ 97,832,351   $ 868,452,791   $ 260,437,995   $ 322,509,592   $ 206,869,660  

Depreciation

    32,036,794     71,287,679     38,799,071     74,388,923     54,476,052     20,076,606     275,656,606     69,209,749     104,901,181     69,127,413  

Net Plant

    76,174,388     124,584,122     100,529,358     179,859,463     157,570,762     77,755,745     592,796,185     191,228,246     217,608,411     137,742,247  

Other Assets

    33,353,331     24,254,388     24,430,074     52,556,240     52,506,300     20,727,081     286,097,998     61,419,915     86,265,257     26,397,794  

Total Assets

  $ 109,527,719   $ 148,838,510   $ 124,959,432   $ 232,415,703   $ 210,077,062   $ 98,482,826   $ 878,894,183   $ 252,648,161   $ 303,873,668   $ 164,140,041  

EQUITY & LIABILITIES

                                                             

Equity

  $ 68,439,945   $ 70,672,685   $ 56,814,917   $ 102,371,332   $ 79,768,764   $ 31,647,564   $ 296,019,709   $ 108,629,383   $ 131,278,844   $ 62,283,273  

Long-term Debt

    30,407,767     45,826,066     46,373,076     102,698,833     103,193,564     56,182,081     406,883,601     102,739,407     146,404,819     82,307,066  

Other Liabilities

    10,680,007     32,339,759     21,771,439     27,345,538     27,114,734     10,653,181     175,990,873     41,279,371     26,190,005     19,549,702  

Total Equity and Liabilities

  $ 109,527,719   $ 148,838,510   $ 124,959,432   $ 232,415,703   $ 210,077,062   $ 98,482,826   $ 878,894,183   $ 252,648,161   $ 303,873,668   $ 164,140,041  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

2017

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 51,685,836   $ 159,546,602   $ 59,502,690   $ 76,501,643   $ 182,071,005   $ 78,024,646   $ 98,166,954   $ 222,399,689   $ 601,692,492   $ 41,351,029  

Depreciation

    11,096,394     35,067,001     19,769,454     21,644,152     59,994,893     23,097,000     32,600,653     47,185,053     124,073,178     9,678,393  

Net Plant

    40,589,442     124,479,601     39,733,236     54,857,491     122,076,112     54,927,646     65,566,301     175,214,636     477,619,314     31,672,636  

Other Assets

    9,356,585     36,693,382     13,172,003     20,179,678     32,020,457     22,909,327     19,191,749     69,687,049     197,734,942     10,026,386  

Total Assets

  $ 49,946,027   $ 161,172,983   $ 52,905,239   $ 75,037,169   $ 154,096,569   $ 77,836,973   $ 84,758,050   $ 244,901,685   $ 675,354,256   $ 41,699,022  

EQUITY & LIABILITIES

                                                             

Equity

  $ 20,599,995   $ 83,048,553   $ 30,141,867   $ 29,082,988   $ 57,219,649   $ 40,004,491   $ 28,094,269   $ 109,093,008   $ 248,429,609   $ 16,953,678  

Long-term Debt

    23,226,703     46,954,072     12,594,633     33,614,964     82,598,371     28,805,820     45,823,423     86,529,927     239,182,731     17,165,856  

Other Liabilities

    6,119,329     31,170,358     10,168,739     12,339,217     14,278,549     9,026,662     10,840,358     49,278,750     187,741,916     7,579,488  

Total Equity and Liabilities

  $ 49,946,027   $ 161,172,983   $ 52,905,239   $ 75,037,169   $ 154,096,569   $ 77,836,973   $ 84,758,050   $ 244,901,685   $ 675,354,256   $ 41,699,022  

2016

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 50,011,791   $ 153,546,710   $ 57,861,719   $ 74,415,126   $ 177,176,190   $ 73,429,647   $ 101,106,377   $ 211,387,530   $ 582,591,035   $ 39,422,247  

Depreciation

    10,492,694     32,362,850     18,478,513     20,122,436     58,423,912     21,755,093     37,045,832     47,254,621     124,694,775     9,474,135  

Net Plant

    39,519,097     121,183,860     39,383,206     54,292,690     118,752,278     51,674,554     64,060,545     164,132,909     457,896,260     29,948,112  

Other Assets

    9,044,633     29,553,334     12,482,712     18,710,811     30,396,477     23,447,284     20,217,606     67,621,737     180,714,471     9,900,818  

Total Assets

  $ 48,563,730   $ 150,737,194   $ 51,865,918   $ 73,003,501   $ 149,148,755   $ 75,121,838   $ 84,278,151   $ 231,754,646   $ 638,610,731   $ 39,848,930  

EQUITY & LIABILITIES

                                                             

Equity

  $ 20,587,238   $ 78,017,256   $ 29,400,532   $ 27,908,591   $ 55,223,702   $ 38,454,660   $ 25,272,678   $ 103,090,545   $ 223,275,365   $ 16,317,552  

Long-term Debt

    24,592,803     49,229,802     13,662,027     35,363,208     73,646,245     29,257,226     47,137,432     74,426,148     237,635,913     16,745,146  

Other Liabilities

    3,383,689     23,490,136     8,803,359     9,731,702     20,278,808     7,409,952     11,868,041     54,237,953     177,699,453     6,786,232  

Total Equity and Liabilities

  $ 48,563,730   $ 150,737,194   $ 51,865,918   $ 73,003,501   $ 149,148,755   $ 75,121,838   $ 84,278,151   $ 231,754,646   $ 638,610,731   $ 39,848,930  

2015

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 48,365,652   $ 149,361,471   $ 56,956,649   $ 71,743,477   $ 169,875,505   $ 71,254,368   $ 99,191,640   $ 197,200,111   $ 557,274,337   $ 36,949,872  

Depreciation

    9,654,052     30,849,790     17,571,020     19,559,688     54,513,007     21,096,833     35,680,101     44,447,864     125,995,744     9,885,712  

Net Plant

    38,711,600     118,511,681     39,385,629     52,183,789     115,362,498     50,157,535     63,511,539     152,752,247     431,278,593     27,064,160  

Other Assets

    8,456,395     29,942,618     11,142,207     20,560,915     32,206,264     21,068,964     18,677,479     65,530,930     164,242,937     10,037,369  

Total Assets

  $ 47,167,995   $ 148,454,299   $ 50,527,836   $ 72,744,704   $ 147,568,762   $ 71,226,499   $ 82,189,018   $ 218,283,177   $ 595,521,530   $ 37,101,529  

EQUITY & LIABILITIES

                                                             

Equity

  $ 19,116,234   $ 74,862,408   $ 26,705,719   $ 26,760,710   $ 54,042,637   $ 36,406,639   $ 24,065,509   $ 92,847,849   $ 217,328,233   $ 15,189,806  

Long-term Debt

    23,738,548     51,610,396     15,813,166     37,090,232     78,781,607     26,199,558     47,788,289     79,406,416     200,431,435     14,598,827  

Other Liabilities

    4,313,213     21,981,495     8,008,951     8,893,762     14,744,518     8,620,302     10,335,220     46,028,912     177,761,862     7,312,896  

Total Equity and Liabilities

  $ 47,167,995   $ 148,454,299   $ 50,527,836   $ 72,744,704   $ 147,568,762   $ 71,226,499   $ 82,189,018   $ 218,283,177   $ 595,521,530   $ 37,101,529  

Footnotes:

(1)
Including construction work in progress.

Table 6 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

2017

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 84,195,112   $ 429,275,970   $ 109,453,621   $ 490,513,864   $ 165,511,882   $ 176,806,830   $ 96,706,779   $ 1,036,646,922   $ 174,403,299   $ 64,468,329  

Depreciation

    21,774,307     139,176,877     25,716,622     120,099,453     70,123,757     61,118,168     31,878,721     317,934,051     48,868,852     16,135,976  

Net Plant

    62,420,805     290,099,093     83,736,999     370,414,411     95,388,125     115,688,662     64,828,058     718,712,871     125,534,447     48,332,353  

Other Assets

    29,352,428     70,394,073     30,599,778     169,956,770     36,494,219     60,471,680     14,210,275     313,701,047     41,642,117     10,080,682  

Total Assets

  $ 91,773,233   $ 360,493,166   $ 114,336,777   $ 540,371,181   $ 131,882,344   $ 176,160,342   $ 79,038,333   $ 1,032,413,918   $ 167,176,564   $ 58,413,035  

EQUITY & LIABILITIES

                                                             

Equity

  $ 53,509,316   $ 141,687,971   $ 51,514,156   $ 248,546,220   $ 50,099,302   $ 84,475,160   $ 26,121,119   $ 445,196,671   $ 72,935,438   $ 21,159,818  

Long-term Debt

    24,751,032     154,591,682     42,319,848     235,413,942     50,679,952     63,291,939     44,911,931     439,166,335     67,162,824     29,294,775  

Other Liabilities

    13,512,885     64,213,513     20,502,773     56,411,019     31,103,090     28,393,243     8,005,283     148,050,912     27,078,302     7,958,442  

Total Equity and Liabilities

  $ 91,773,233   $ 360,493,166   $ 114,336,777   $ 540,371,181   $ 131,882,344   $ 176,160,342   $ 79,038,333   $ 1,032,413,918   $ 167,176,564   $ 58,413,035  

2016

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 81,296,895   $ 414,072,822   $ 105,420,967   $ 481,647,378   $ 151,611,979   $ 173,677,433   $ 91,967,491   $ 1,001,876,377   $ 168,141,715   $ 62,101,244  

Depreciation

    19,647,767     129,063,060     25,110,194     117,074,891     69,853,141     58,709,419     30,374,063     299,821,608     46,165,076     15,062,881  

Net Plant

    61,649,128     285,009,762     80,310,773     364,572,487     81,758,838     114,968,014     61,593,428     702,054,769     121,976,639     47,038,363  

Other Assets

    25,537,646     50,967,964     26,919,089     174,123,574     37,090,079     63,851,326     13,887,852     289,192,197     40,719,150     9,339,965  

Total Assets

  $ 87,186,774   $ 335,977,726   $ 107,229,862   $ 538,696,061   $ 118,848,917   $ 178,819,340   $ 75,481,280   $ 991,246,966   $ 162,695,789   $ 56,378,328  

EQUITY & LIABILITIES

                                                             

Equity

  $ 51,472,163   $ 125,426,179   $ 48,649,542   $ 240,854,076   $ 47,920,800   $ 81,912,199   $ 24,716,678   $ 415,105,510   $ 71,507,302   $ 20,755,254  

Long-term Debt

    24,017,061     154,147,200     44,293,579     235,766,161     50,670,705     67,917,145     45,791,271     432,409,420     64,622,924     28,185,182  

Other Liabilities

    11,697,550     56,404,347     14,286,741     62,075,824     20,257,412     28,989,996     4,973,331     143,732,036     26,565,563     7,437,892  

Total Equity and Liabilities

  $ 87,186,774   $ 335,977,726   $ 107,229,862   $ 538,696,061   $ 118,848,917   $ 178,819,340   $ 75,481,280   $ 991,246,966   $ 162,695,789   $ 56,378,328  

2015

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 76,839,975   $ 402,765,279   $ 101,072,731   $ 474,062,237   $ 147,554,615   $ 169,046,039   $ 87,766,947   $ 954,175,421   $ 161,746,599   $ 60,021,714  

Depreciation

    19,534,214     121,216,858     23,762,138     116,131,236     66,199,099     55,448,144     27,736,860     283,846,331     43,767,798     14,071,472  

Net Plant

    57,305,761     281,548,421     77,310,593     357,931,001     81,355,516     113,597,895     60,030,087     670,329,090     117,978,801     45,950,242  

Other Assets

    27,331,782     46,167,138     26,831,137     136,606,460     39,251,188     66,396,284     13,021,749     286,301,788     46,701,934     9,129,373  

Total Assets

  $ 84,637,543   $ 327,715,559   $ 104,141,730   $ 494,537,461   $ 120,606,704   $ 179,994,179   $ 73,051,836   $ 956,630,878   $ 164,680,735   $ 55,079,615  

EQUITY & LIABILITIES

                                                             

Equity

  $ 49,546,182   $ 121,451,109   $ 46,718,290   $ 229,073,302   $ 46,401,281   $ 73,668,225   $ 23,626,885   $ 386,013,187   $ 69,164,700   $ 19,941,307  

Long-term Debt

    24,938,950     150,261,390     36,445,911     210,381,135     57,127,393     77,127,290     42,880,694     437,827,873     68,079,214     28,296,864  

Other Liabilities

    10,152,411     56,003,060     20,977,529     55,083,024     17,078,030     29,198,664     6,544,257     132,789,818     27,436,821     6,841,444  

Total Equity and Liabilities

  $ 84,637,543   $ 327,715,559   $ 104,141,730   $ 494,537,461   $ 120,606,704   $ 179,994,179   $ 73,051,836   $ 956,630,878   $ 164,680,735   $ 55,079,615  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
  Snapping
Shoals
  Southern
Rivers
  Sumter   Three
Notch
  Tri-
County
  Upson   Walton   Washington    
  MEMBER
TOTAL
 

2017

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 288,241,357   $ 85,284,124   $ 123,682,559   $ 78,817,757   $ 123,550,863   $ 28,823,411   $ 437,823,987   $ 86,923,943         $ 8,520,840,407  

Depreciation

    115,827,914     26,669,344     30,705,644     24,588,530     26,851,360     10,820,037     161,678,003     28,041,536           2,549,336,130  

Net Plant

    172,413,443     58,614,780     92,976,915     54,229,227     96,699,503     18,003,374     276,145,984     58,882,407           5,971,504,277  

Other Assets

    86,680,577     24,154,578     30,782,956     24,666,660     20,983,419     17,050,442     216,132,124     24,645,240           2,398,694,549  

Total Assets

  $ 259,094,020   $ 82,769,358   $ 123,759,871   $ 78,895,887   $ 117,682,922   $ 35,053,816   $ 492,278,108   $ 83,527,647         $ 8,370,198,826  

EQUITY & LIABILITIES

                                                             

Equity

  $ 91,111,796   $ 33,960,481   $ 61,763,490   $ 36,662,830   $ 43,840,527   $ 21,538,932   $ 162,244,957   $ 43,542,725         $ 3,464,068,813  

Long-term Debt

    74,868,059     33,739,874     50,863,002     34,974,804     64,101,759     9,823,869     127,211,126     33,323,450           3,373,741,597  

Other Liabilities

    93,114,165     15,069,003     11,133,379     7,258,253     9,740,636     3,691,015     202,822,025     6,661,472           1,532,388,416  

Total Equity and Liabilities

  $ 259,094,020   $ 82,769,358   $ 123,759,871   $ 78,895,887   $ 117,682,922   $ 35,053,816   $ 492,278,108   $ 83,527,647         $ 8,370,198,826  

2016

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 278,428,287   $ 82,365,496   $ 120,472,895   $ 75,693,222   $ 119,413,703   $ 28,137,300   $ 420,931,179   $ 84,083,969         $ 8,230,399,714  

Depreciation

    107,919,809     24,840,200     29,991,933     23,145,118     25,366,352     10,745,368     152,663,080     26,978,758           2,444,779,834  

Net Plant

    170,508,478     57,525,296     90,480,962     52,548,104     94,047,351     17,391,932     268,268,099     57,105,211           5,785,619,880  

Other Assets

    85,135,652     24,506,451     33,478,197     22,761,221     18,891,070     19,190,436     221,040,713     23,581,930           2,295,422,697  

Total Assets

  $ 255,644,130   $ 82,031,747   $ 123,959,159   $ 75,309,325   $ 112,938,421   $ 36,582,368   $ 489,308,812   $ 80,687,141         $ 8,081,042,577  

EQUITY & LIABILITIES

                                                             

Equity

  $ 91,190,979   $ 30,943,419   $ 57,408,393   $ 34,098,201   $ 41,528,818   $ 20,544,051   $ 172,597,491   $ 42,556,722         $ 3,313,538,746  

Long-term Debt

    74,086,815     36,302,229     54,773,991     33,593,830     60,326,021     11,830,719     132,727,502     31,773,341           3,309,746,786  

Other Liabilities

    90,366,336     14,786,099     11,776,775     7,617,294     11,083,582     4,207,598     183,983,819     6,357,078           1,457,757,045  

Total Equity and Liabilities

  $ 255,644,130   $ 82,031,747   $ 123,959,159   $ 75,309,325   $ 112,938,421   $ 36,582,368   $ 489,308,812   $ 80,687,141         $ 8,081,042,577  

2015

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 269,985,323   $ 79,291,427   $ 116,390,519   $ 72,440,786   $ 115,297,161   $ 27,584,294   $ 407,130,448   $ 81,829,451         $ 7,928,983,049  

Depreciation

    100,266,601     23,312,471     27,968,604     21,517,454     24,120,767     10,340,326     143,124,877     27,428,006           2,329,007,141  

Net Plant

    169,718,722     55,978,956     88,421,915     50,923,332     91,176,394     17,243,968     264,005,571     54,401,445           5,599,975,908  

Other Assets

    77,225,605     25,946,543     27,386,843     21,318,733     17,274,460     19,757,775     178,348,766     23,152,549           2,138,024,563  

Total Assets

  $ 246,944,327   $ 81,925,499   $ 115,808,758   $ 72,242,065   $ 108,450,854   $ 37,001,743   $ 442,354,337   $ 77,553,994         $ 7,738,000,471  

EQUITY & LIABILITIES

                                                             

Equity

  $ 91,492,858   $ 27,703,663   $ 56,417,310   $ 30,074,061   $ 40,182,197   $ 18,679,445   $ 195,660,271   $ 40,816,301         $ 3,161,882,734  

Long-term Debt

    74,671,996     39,332,511     49,413,550     35,341,572     60,198,526     13,425,366     109,918,438     30,818,553           3,244,961,980  

Other Liabilities

    80,779,473     14,889,325     9,977,898     6,826,432     8,070,131     4,896,932     136,775,628     5,919,140           1,331,155,757  

Total Equity and Liabilities

  $ 246,944,327   $ 81,925,499   $ 115,808,758   $ 72,242,065   $ 108,450,854   $ 37,001,743   $ 442,354,337   $ 77,553,994         $ 7,738,000,471  

Footnotes:

(1)
Including construction work in progress.



QuickLinks

FINANCIAL AND STATISTICAL INFORMATION FOR 38 MEMBERS OF OGLETHORPE POWER CORPORATION
FINANCIAL AND STATISTICAL INFORMATION FOR THE 38 MEMBERS OF OGLETHORPE POWER CORPORATION
Table 1 SELECTED STATISTICS OF EACH MEMBER (as of December 31)
Table 1 (continued)
FINANCIAL AND STATISTICAL INFORMATION FOR THE 38 MEMBERS OF OGLETHORPE POWER CORPORATION
FINANCIAL AND STATISTICAL INFORMATION FOR THE 38 MEMBERS OF OGLETHORPE POWER CORPORATION
Table 4 ANNUAL REVENUES BY CONSUMER CLASS OF EACH MEMBER
FINANCIAL AND STATISTICAL INFORMATION FOR THE 38 MEMBERS OF OGLETHORPE POWER CORPORATION
Table 6 CONDENSED BALANCE SHEET INFORMATION OF EACH MEMBER (as of December 31)