EX-99.1 7 a2232076zex-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 may, however, be 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, 2016). 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 2014, 2015 and 2016, 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  

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%  

2014

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    150.05     137.04     146.54     148.86     124.40     173.32     127.10     136.55     136.84     166.67  

Avg. Monthly Residential kWh

    1,129     1,238     1,238     1,227     1,442     1,287     1,157     1,241     1,289     1,345  

Avg. Residential Rev.(cents per kWh)

    13.29     11.07     11.84     12.13     8.63     13.47     10.98     11.01     10.61     12.39  

Times Interest Earned Ratio (1)

   
2.14
   
2.04
   
2.55
   
1.50
   
2.20
   
1.72
   
1.83
   
2.49
   
2.42
   
1.46
 

Equity / Assets (1)

    61%     47%     46%     37%     37%     32%     43%     44%     41%     37%  

Equity / Total Capitalization (1)

    66%     61%     55%     44%     41%     36%     47%     52%     45%     43%  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

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%  

2014

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    152.25     157.70     129.86     158.38     151.57     153.44     144.08     143.93     131.21     140.86  

Avg. Monthly Residential kWh

    1,309     1,231     1,053     1,238     1,203     1,265     1,084     1,267     1,261     1,181  

Avg. Residential Rev.(cents per kWh)

    11.63     12.81     12.33     12.79     12.60     12.13     13.30     11.36     10.41     11.93  

Times Interest Earned Ratio (1)

   
2.58
   
2.18
   
2.87
   
1.92
   
1.78
   
2.69
   
1.68
   
3.04
   
2.06
   
2.66
 

Equity / Assets (1)

    39%     51%     48%     34%     35%     50%     26%     43%     38%     40%  

Equity / Total Capitalization (1)

    43%     62%     57%     39%     42%     58%     30%     54%     51%     49%  

Footnote:

(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
 

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%  

2014

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    128.01     152.59     142.89     127.49     134.64     144.72     155.02     127.99     146.05     137.74  

Avg. Monthly Residential kWh

    1,325     1,368     1,150     1,223     1,076     1,153     1,124     1,297     1,180     1,054  

Avg. Residential Rev.(cents per kWh)

    9.66     11.15     12.42     10.43     12.52     12.55     13.79     9.87     12.37     13.07  

Times Interest Earned Ratio (1)

   
2.30
   
1.77
   
2.59
   
2.15
   
1.71
   
2.71
   
1.98
   
2.18
   
2.05
   
1.97
 

Equity / Assets (1)

    57%     36%     45%     43%     36%     42%     32%     41%     43%     33%  

Equity / Total Capitalization (1)

    65%     45%     54%     48%     42%     50%     34%     47%     53%     39%  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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     12.3     12.57     13.6     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%  

2014

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 

Avg. Monthly Residential Rev. ($)

    130.30     167.16     170.35     127.77     154.42     130.22     134.79     129.59           137.07  

Avg. Monthly Residential kWh

    1,346     1,329     1,409     946     1,226     1,148     1,311     1,115           1,251  

Avg. Residential Rev.(cents per kWh)

    9.68     12.58     12.09     13.51     12.60     11.34     10.28     11.62           10.96  

Times Interest Earned Ratio (1)

   
1.70
   
2.29
   
1.93
   
3.56
   
1.67
   
3.31
   
3.32
   
2.12
         
2.11
 

Equity / Assets (1)

    39%     35%     47%     42%     36%     51%     44%     52%           41%  

Equity / Total Capitalization (1)

    53%     43%     52%     45%     39%     59%     63%     57%           49%  

Footnote:

(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  

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  

2014

                                                             

Residential Service

    18,051     42,094     20,021     46,812     48,158     15,122     176,178     57,965     70,031     29,365  

Commercial & Industrial

    1,795     4,411     341     2,453     4,457     2,171     15,917     3,448     5,926     4,161  

Other

    207     9     405     370     298     148     5,078     2,715     746     901  

Total Consumers Served

    20,053     46,514     20,767     49,635     52,913     17,441     197,173     64,128     76,703     34,427  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

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  

2014

                                                             

Residential Service

    5,099     21,160     10,794     10,497     32,302     15,043     15,743     49,349     143,789     7,850  

Commercial & Industrial

    1,705     1,177     660     1,866     2,376     580     2,556     2,558     15,707     375  

Other

    1,056     2,782     539     169     434     895         2,228     1,383     252  

Total Consumers Served

    7,860     25,119     11,993     12,532     35,112     16,518     18,299     54,135     160,879     8,477  

Table 2 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

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  

2014

                                                             

Residential Service

   
20,422
   
71,442
   
18,345
   
113,228
   
31,545
   
28,134
   
10,771
   
192,993
   
31,112
   
10,575
 

Commercial & Industrial

    1,349     9,763     477     8,697     2,396     7,242     143     16,383     1,699     135  

Other

    364     979     638     137     7     10     1,293     4,621     385     395  

Total Consumers Served

    22,135     82,184     19,460     122,062     33,948     35,386     12,207     213,997     33,196     11,105  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

Residential Service

    88,901     17,525     14,630     13,809     19,044     8,294     112,271     14,590           1,653,054  

Commercial & Industrial

    4,048     1,091     4,862     529     1,923     694     7,791     615           144,477  

Other

    1,136     16     635     911         113     1,733     106           34,094  

Total Consumers Served

    94,085     18,632     20,127     15,249     20,967     9,101     121,795     15,311           1,831,625  


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  

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  

2014

                                                             

Residential Service

    244,571     625,220     297,399     689,101     833,126     233,496     2,446,619     862,949     1,083,647     473,907  

Commercial & Industrial

    159,484     108,137     115,963     365,050     421,039     225,448     1,180,381     256,093     437,499     194,732  

Other

    7,622     181     6,196     6,737     4,006     2,592     211,364     99,631     8,456     42,485  

Total MWh Sales

    411,677     733,538     419,559     1,060,888     1,258,171     461,537     3,838,363     1,218,673     1,529,602     711,124  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

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  

2014

                                                             

Residential Service

    80,096     312,645     136,439     156,004     466,312     228,340     204,693     750,516     2,175,190     111,259  

Commercial & Industrial

    38,908     71,674     45,979     190,962     62,470     31,407     58,815     312,458     1,076,306     58,167  

Other

    30,714     77,033     9,003     4,598     17,487     25,103         42,750     29,526     3,769  

Total MWh Sales

    149,718     461,352     191,420     351,564     546,269     284,850     263,508     1,105,725     3,281,022     173,195  

Table 3 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

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  

2014

                                                             

Residential Service

    324,757     1,172,804     253,164     1,661,068     407,131     389,349     145,285     3,003,211     440,649     133,781  

Commercial & Industrial

    69,978     555,935     37,944     1,044,869     99,347     190,072     27,139     1,907,420     110,236     49,311  

Other

    5,249     49,215     18,829     16,608     142     739     29,410     290,569     20,351     6,802  

Total MWh Sales

    399,983     1,777,953     309,937     2,722,545     506,620     580,159     201,834     5,201,199     571,236     189,894  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

Residential Service

    1,436,457     279,492     247,375     156,754     280,141     114,297     1,766,715     195,241           24,819,199  

Commercial & Industrial

    464,861     49,770     92,571     28,453     90,238     14,969     672,702     160,465           11,077,249  

Other

    17,188     4,970     39,855     47,983         3,204     75,643     5,849           1,261,860  

Total MWh Sales

    1,918,506     334,232     379,801     233,189     370,379     132,470     2,515,060     361,555           37,158,308  


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  

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  

2014

                                                             

Residential Service

  $ 32,502,906   $ 69,221,808   $ 35,206,165   $ 83,621,543   $ 71,889,185   $ 31,451,542   $ 268,711,028   $ 94,979,008   $ 115,000,171   $ 58,730,616  

Commercial & Industrial

    15,318,133     13,192,521     11,214,679     29,763,343     31,473,290     20,688,752     110,323,157     24,603,753     39,532,563     19,326,447  

Other

    870,701     36,049     887,327     909,728     642,185     408,480     24,410,146     10,949,665     1,775,470     4,616,663  

Total Electric Sales

  $ 48,691,740   $ 82,450,378   $ 47,308,171   $ 114,294,614   $ 104,004,660   $ 52,548,774   $ 403,444,330   $ 130,532,426   $ 156,308,204   $ 82,673,726  

Other Operating Revenue

    286,802     3,449,429     6,287,011     1,521,840     3,622,259     746,554     9,211,084     3,231,663     3,478,495     3,113,734  

Total Operating Revenue

  $ 48,978,542   $ 85,899,807   $ 53,595,182   $ 115,816,454   $ 107,626,919   $ 53,295,328   $ 412,655,414   $ 133,764,089   $ 159,786,699   $ 85,787,460  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

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  

2014

                                                             

Residential Service

  $ 9,315,777   $ 40,042,568   $ 16,819,951   $ 19,950,337   $ 58,752,429   $ 27,697,481   $ 27,218,498   $ 85,236,127   $ 226,405,531   $ 13,268,642  

Commercial & Industrial

    4,896,847     8,197,450     4,447,893     14,086,620     7,598,333     3,047,313     7,580,040     23,352,895     99,206,916     5,725,497  

Other

    3,987,215     10,079,486     1,334,532     552,473     2,055,754     3,335,160         5,350,513     5,551,082     478,490  

Total Electric Sales

  $ 18,199,839   $ 58,319,504   $ 22,602,376   $ 34,589,430   $ 68,406,516   $ 34,079,954   $ 34,798,538   $ 113,939,535   $ 331,163,529   $ 19,472,629  

Other Operating Revenue

    572,366     (637,525 )   781,808     708,039     969,161     1,653,677     483,650     3,276,493     (5,321,351 )   772,306  

Total Operating Revenue

  $ 18,772,205   $ 57,681,979   $ 23,384,184   $ 35,297,469   $ 69,375,677   $ 35,733,631   $ 35,282,188   $ 117,216,028   $ 325,842,178   $ 20,244,935  

Table 4 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

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  

2014

                                                             

Residential Service

  $ 31,369,776   $ 130,815,290   $ 31,454,811   $ 173,231,715   $ 50,964,997   $ 48,859,313   $ 20,036,743   $ 296,423,591   $ 54,526,532   $ 17,479,296  

Commercial & Industrial

    6,916,742     52,165,387     3,844,017     95,186,140     11,117,366     22,389,790     3,152,184     166,426,540     10,621,678     4,450,005  

Other

    660,250     4,896,819     2,357,523     2,576,204     10,838     77,313     3,955,758     30,459,903     2,605,315     988,687  

Total Electric Sales

  $ 38,946,768   $ 187,877,496   $ 37,656,351   $ 270,994,059   $ 62,093,201   $ 71,326,416   $ 27,144,685   $ 493,310,034   $ 67,753,525   $ 22,917,988  

Other Operating Revenue

    (53,657 )   8,113,583     1,691,541     8,373,725     1,987,790     2,430,256     760,098     17,425,900     4,073,898     998,298  

Total Operating Revenue

  $ 38,893,111   $ 195,991,079   $ 39,347,892   $ 279,367,784   $ 64,080,991   $ 73,756,672   $ 27,904,783   $ 510,735,934   $ 71,827,423   $ 23,916,286  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

Residential Service

  $ 139,003,760   $ 35,153,830   $ 29,906,410   $ 21,171,783   $ 35,288,799   $ 12,961,010   $ 181,601,959   $ 22,689,151         $ 2,718,960,079  

Commercial & Industrial

    36,602,849     5,312,315     11,676,789     3,898,302     9,307,516     1,786,663     62,223,219     12,584,310           1,013,238,254  

Other

    2,949,211     421,726     5,227,065     8,225,068         399,321     9,143,413     611,735           153,797,268  

Total Electric Sales

  $ 178,555,820   $ 40,887,871   $ 46,810,264   $ 33,295,153   $ 44,596,315   $ 15,146,994   $ 252,968,591   $ 35,885,196         $ 3,885,995,600  

Other Operating Revenue

    (4,561,532 )   1,154,770     1,246,778     782,458     1,225,393     475,790     (2,329,997 )   935,917           82,938,504  

Total Operating Revenue

  $ 173,994,288   $ 42,042,641   $ 48,057,042   $ 34,077,611   $ 45,821,708   $ 15,622,784   $ 250,638,594   $ 36,821,113         $ 3,968,934,104  


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  

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  

2014

                                                             

Operating Revenue & Patronage Capital

  $ 48,978,545   $ 85,899,807   $ 53,595,182   $ 115,816,454   $ 107,626,919   $ 53,295,328   $ 412,655,414   $ 133,764,089   $ 159,786,698   $ 85,787,460  

Depreciation and Amortization

    3,210,826     5,899,816     3,938,456     8,398,486     5,944,196     2,832,851     30,262,072     7,691,600     9,213,497     7,289,346  

Other Operating Expenses

    44,384,266     76,522,930     44,551,325     101,503,042     93,035,911     47,246,975     356,690,448     117,085,488     140,323,834     73,477,881  

Electric Operating Margin

  $ 1,383,453   $ 3,477,061   $ 5,105,401   $ 5,914,926   $ 8,646,812   $ 3,215,502   $ 25,702,893   $ 8,987,001   $ 10,249,367   $ 5,020,233  

Other Income

    1,288,009     2,463,251     1,691,844     2,366,138     3,065,334     776,115     19,464,540     1,807,982     6,629,031     1,470,719  

Gross Operating Margin

  $ 2,671,462   $ 5,940,312   $ 6,797,245   $ 8,281,064   $ 11,712,146   $ 3,991,617   $ 45,167,434   $ 10,794,983   $ 16,878,398   $ 6,490,952  

Interest on Long-term Debt

    1,238,177     2,911,273     2,659,289     5,509,467     5,307,952     2,278,518     24,412,233     4,330,037     6,918,759     4,413,911  

Other Deductions

    25,620     335     22,404         38,391     72,296     560,838         147,510     60,028  

Net Margins

  $ 1,407,665   $ 3,028,704   $ 4,115,552   $ 2,771,597   $ 6,365,803   $ 1,640,803   $ 20,194,363   $ 6,464,946   $ 9,812,129   $ 2,017,013  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

Operating Revenue & Patronage Capital

  $ 18,772,204   $ 57,681,979   $ 23,384,184   $ 35,297,469   $ 69,375,677   $ 35,733,630   $ 35,282,188   $ 117,216,027   $ 325,842,179   $ 20,244,935  

Depreciation and Amortization

    1,394,849     4,063,617     1,388,825     1,958,405     4,706,524     1,935,394     2,529,534     5,977,384     16,088,754     895,077  

Other Operating Expenses

    15,080,689     50,614,745     19,465,936     30,343,502     59,696,084     31,301,024     29,999,790     102,786,811     294,294,130     17,862,267  

Electric Operating Margin

  $ 2,296,666   $ 3,003,617   $ 2,529,423   $ 2,995,562   $ 4,973,069   $ 2,497,212   $ 2,752,864   $ 8,451,832   $ 15,459,295   $ 1,487,591  

Other Income

    447,307     1,385,349     476,627     685,351     1,314,236     1,343,718     1,073,794     2,745,072     7,059,756     432,470  

Gross Operating Margin

  $ 2,743,973   $ 4,388,966   $ 3,006,050   $ 3,680,913   $ 6,287,305   $ 3,840,930   $ 3,826,658   $ 11,196,904   $ 22,519,051   $ 1,920,061  

Interest on Long-term Debt

    1,039,364     1,986,017     1,044,393     1,913,020     3,429,694     1,406,769     2,261,997     3,635,239     10,915,332     720,818  

Other Deductions

    62,780     57,084     12,656     9,981     183,230     55,836     17,718     139,950     16,120      

Net Margins

  $ 1,641,829   $ 2,345,865   $ 1,949,001   $ 1,757,912   $ 2,674,381   $ 2,378,325   $ 1,546,943   $ 7,421,715   $ 11,587,599   $ 1,199,243  


Table 5 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

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  

2014

                                                             

Operating Revenue & Patronage Capital

  $ 38,893,111   $ 195,991,079   $ 39,347,893   $ 279,367,784   $ 64,080,991   $ 73,756,672   $ 27,904,783   $ 510,735,934   $ 71,827,423   $ 23,916,286  

Depreciation and Amortization

    2,306,743     12,511,775     2,852,517     15,213,655     5,144,862     4,746,875     2,784,623     29,962,072     4,607,648     1,528,241  

Other Operating Expenses

    34,609,054     171,655,312     35,165,880     244,762,075     55,312,102     62,772,433     21,695,835     451,354,943     62,887,394     20,595,659  

Electric Operating Margin

  $ 1,977,314   $ 11,823,992   $ 1,329,496   $ 19,392,054   $ 3,624,027   $ 6,237,364   $ 3,424,325   $ 29,418,919   $ 4,332,381   $ 1,792,386  

Other Income

    1,299,706     2,527,479     1,710,894     4,813,036     1,888,401     2,915,253     703,134     17,055,455     2,210,033     563,544  

Gross Operating Margin

  $ 3,277,020   $ 14,351,471   $ 3,040,390   $ 24,205,090   $ 5,512,428   $ 9,152,617   $ 4,127,459   $ 46,474,374   $ 6,542,414   $ 2,355,930  

Interest on Long-term Debt

    1,424,324     7,983,423     1,131,219     11,254,807     3,094,308     3,372,130     2,042,871     21,288,525     3,169,302     1,197,564  

Other Deductions

        182,156     112,254         219,837     5,398     76,121     7,432     52,741      

Net Margins

  $ 1,852,696   $ 6,185,892   $ 1,796,917   $ 12,950,283   $ 2,198,283   $ 5,775,089   $ 2,008,467   $ 25,178,417   $ 3,320,371   $ 1,158,366  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

Operating Revenue & Patronage Capital

  $ 173,994,288   $ 42,042,641   $ 48,057,042   $ 34,077,611   $ 45,821,708   $ 15,618,930   $ 250,638,594   $ 36,821,113         $ 3,968,930,251  

Depreciation and Amortization

    8,988,948     2,334,809     2,962,791     1,918,026     3,529,861     832,828     13,023,390     2,186,210           243,055,383  

Other Operating Expenses

    159,262,445     36,400,584     41,596,493     28,495,165     38,023,667     13,273,205     229,975,109     32,476,457           3,486,580,890  

Electric Operating Margin

  $ 5,742,895   $ 3,307,248   $ 3,497,758   $ 3,664,421   $ 4,268,180   $ 1,512,897   $ 7,640,095   $ 2,158,446         $ 239,293,978  

Other Income

    2,203,404     527,586     1,574,205     1,297,583     1,302,330     592,266     9,593,840     914,335           111,679,127  

Gross Operating Margin

  $ 7,946,299   $ 3,834,834   $ 5,071,963   $ 4,962,004   $ 5,570,510   $ 2,105,163   $ 17,233,935   $ 3,072,781         $ 350,973,105  

Interest on Long-term Debt

    4,562,839     1,676,186     2,628,876     1,373,376     3,323,359     630,013     5,136,341     1,430,061           165,051,783  

Other Deductions

    201,720         10,429     76,259     16,591     21,231     200,897     38,342           2,704,185  

Net Margins

  $ 3,181,740   $ 2,158,648   $ 2,432,658   $ 3,512,368   $ 2,230,560   $ 1,453,919   $ 11,896,697   $ 1,604,378         $ 183,217,137  


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  

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  

2014

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 103,702,328   $ 191,419,986   $ 132,340,029   $ 244,397,261   $ 208,721,343   $ 91,022,394   $ 843,919,715   $ 253,677,771   $ 312,936,348   $ 194,167,829  

Depreciation

    30,954,887     67,483,774     37,476,955     71,965,848     52,644,082     18,357,438     254,568,792     68,121,391     98,618,901     65,459,430  

Net Plant

    72,747,441     123,936,212     94,863,074     172,431,413     156,077,261     72,664,956     589,350,924     185,556,380     214,317,447     128,708,399  

Other Assets

    36,895,799     25,153,763     24,343,139     55,683,076     52,270,618     19,181,564     286,749,924     54,110,907     86,585,569     26,723,408  

Total Assets

  $ 109,643,240   $ 149,089,975   $ 119,206,213   $ 228,114,489   $ 208,347,879   $ 91,846,520   $ 876,100,847   $ 239,667,287   $ 300,903,016   $ 155,431,807  

EQUITY & LIABILITIES

                                                             

Equity

  $ 66,992,352   $ 69,421,254   $ 54,942,651   $ 84,459,686   $ 76,993,830   $ 29,022,386   $ 378,571,057   $ 104,427,269   $ 122,649,928   $ 57,861,309  

Long-term Debt

    34,502,373     44,742,781     45,639,555     108,424,172     112,608,767     51,879,842     424,452,744     98,327,380     150,700,430     78,143,509  

Other Liabilities

    8,148,515     34,925,940     18,624,007     35,230,631     18,745,282     10,944,292     73,077,046     36,912,638     27,552,658     19,426,989  

Total Equity and Liabilities

  $ 109,643,240   $ 149,089,975   $ 119,206,213   $ 228,114,489   $ 208,347,879   $ 91,846,520   $ 876,100,847   $ 239,667,287   $ 300,903,016   $ 155,431,807  

 

 

Middle
Georgia

 

Mitchell

 

Ocmulgee

 

Oconee

 

Okefenoke

 

Planters

 

Rayle

 

Satilla

 

Sawnee

 

Slash
Pine

 

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  

2014

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 46,243,283   $ 149,097,282   $ 55,065,860   $ 71,172,041   $ 165,697,101   $ 69,054,523   $ 96,571,352   $ 189,465,711   $ 528,800,766   $ 35,038,617  

Depreciation

    8,655,362     33,685,800     16,545,901     18,357,361     51,192,109     20,760,254     33,713,705     40,780,506     119,028,994     9,334,015  

Net Plant

    37,587,921     115,411,482     38,519,959     52,814,680     114,504,992     48,294,269     62,857,647     148,685,205     409,771,772     25,704,602  

Other Assets

    8,216,651     29,779,138     10,999,201     19,767,938     35,439,822     21,381,056     18,128,755     55,091,341     152,539,098     10,931,736  

Total Assets

  $ 45,804,572   $ 145,190,620   $ 49,519,160   $ 72,582,618   $ 149,944,814   $ 69,675,325   $ 80,986,402   $ 203,776,546   $ 562,310,870   $ 36,636,338  

EQUITY & LIABILITIES

                                                             

Equity

  $ 17,769,105   $ 73,728,365   $ 23,780,520   $ 24,579,941   $ 52,479,923   $ 34,527,891   $ 20,688,251   $ 87,154,089   $ 214,635,760   $ 14,668,822  

Long-term Debt

    23,995,262     45,715,118     17,774,768     38,836,756     73,745,142     24,996,892     48,175,502     72,991,885     208,358,080     15,266,775  

Other Liabilities

    4,040,205     25,747,137     7,963,872     9,165,921     23,719,749     10,150,542     12,122,649     43,630,572     139,317,030     6,700,741  

Total Equity and Liabilities

  $ 45,804,572   $ 145,190,620   $ 49,519,160   $ 72,582,618   $ 149,944,814   $ 69,675,325   $ 80,986,402   $ 203,776,546   $ 562,310,870   $ 36,636,338  

Footnote:

(1)
Including construction work in progress.

Table 6 (continued)

 
  Excelsior   Flint   Grady   GreyStone   Habersham   Hart   Irwin   Jackson   Jefferson   Little
Ocmulgee
 

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  

2014

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 77,541,273   $ 378,110,540   $ 97,409,739   $ 455,059,562   $ 144,670,028   $ 164,643,500   $ 85,013,762   $ 918,813,985   $ 154,642,510   $ 58,037,474  

Depreciation

    20,612,448     111,429,282     22,742,170     104,666,337     61,225,591     52,089,446     26,312,218     271,425,477     41,805,845     13,038,941  

Net Plant

    56,928,825     266,681,258     74,667,569     350,393,225     83,444,437     112,554,054     58,701,544     647,388,508     112,836,665     44,998,533  

Other Assets

    26,125,157     62,400,143     24,797,610     138,665,444     40,951,216     61,432,184     13,162,082     247,006,868     40,846,034     9,892,912  

Total Assets

  $ 83,053,982   $ 329,081,401   $ 99,465,179   $ 489,058,669   $ 124,395,653   $ 173,986,238   $ 71,863,626   $ 894,395,376   $ 153,682,699   $ 54,891,445  

EQUITY & LIABILITIES

                                                             

Equity

  $ 47,648,336   $ 119,162,754   $ 44,971,335   $ 209,412,721   $ 44,569,792   $ 73,595,225   $ 22,748,603   $ 364,489,846   $ 66,833,591   $ 18,176,888  

Long-term Debt

    25,648,032     145,671,654     38,263,196     227,883,090     62,747,454     72,975,099     44,053,244     408,081,586     58,243,132     28,340,602  

Other Liabilities

    9,757,614     64,246,993     16,230,648     51,762,858     17,078,407     27,415,914     5,061,779     121,823,944     28,605,976     8,373,955  

Total Equity and Liabilities

  $ 83,053,982   $ 329,081,401   $ 99,465,179   $ 489,058,669   $ 124,395,653   $ 173,986,238   $ 71,863,626   $ 894,395,376   $ 153,682,699   $ 54,891,445  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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  

2014

                                                             

ASSETS

                                                             

Total Utility Plant (1)

  $ 263,740,894   $ 76,305,285   $ 110,543,526   $ 68,036,779   $ 112,491,167   $ 27,467,785   $ 396,063,905   $ 79,955,467         $ 7,651,058,721  

Depreciation

    93,823,152     22,375,890     26,343,740     20,029,231     22,675,101     9,738,278     134,798,386     27,080,405           2,199,917,443  
                                                               

Net Plant

    169,917,742     53,929,395     84,199,786     48,007,548     89,816,066     17,729,507     261,265,519     52,875,062           5,451,141,278  

Other Assets

    66,099,345     18,642,953     28,448,172     20,084,015     19,220,023     16,510,526     203,757,828     22,668,387           2,090,683,401  

Total Assets

  $ 236,017,087   $ 72,572,348   $ 112,647,958   $ 68,091,562   $ 109,036,089   $ 34,240,033   $ 465,023,347   $ 75,543,449         $ 7,541,824,679  

EQUITY & LIABILITIES

                                                             

Equity

  $ 91,467,795   $ 25,598,424   $ 53,459,512   $ 28,637,695   $ 38,912,446   $ 17,474,048   $ 204,832,775   $ 39,190,917         $ 3,120,537,092  

Long-term Debt

    80,162,498     33,639,834     48,542,607     35,072,798     61,057,965     12,033,940     120,940,166     29,780,149           3,252,414,779  

Other Liabilities

    64,386,794     13,334,090     10,645,839     4,381,069     9,065,678     4,732,045     139,250,406     6,572,383           1,168,872,808  

Total Equity and Liabilities

  $ 236,017,087   $ 72,572,348   $ 112,647,958   $ 68,091,562   $ 109,036,089   $ 34,240,033   $ 465,023,347   $ 75,543,449         $ 7,541,824,679  

Footnote:

(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 5 SUMMARY OF OPERATING RESULTS OF EACH MEMBER
Table 5 (continued)
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)