Oglethorpe Power 10-Q 2019 Q1 Quarterly report

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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, 2018). 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 2016, 2017 and 2018, 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
2018
Avg. Monthly Residential Rev. ($)		146.46		139.84		144.42		145.49		132.10		173.15		130.00		132.33		141.41		183.37
Avg. Monthly Residential kWh		1,093		1,252		1,215		1,231		1,339		1,273		1,190		1,226		1,289		1,304
Avg. Residential Rev.(cents per kWh)		13.40		11.17		11.89		11.82		9.87		13.60		10.92		10.79		10.97		14.06
Times Interest Earned Ratio (1)		2.67		2.11		2.23		3.19		2.00		4.51		2.72		2.23		2.66		1.29
Equity / Assets (1)		54%		45%		47%		46%		34%		37%		41%		44%		45%		33%
Equity / Total Capitalization (1)		60%		61%		56%		51%		42%		41%		50%		52%		53%		38%
2017
Avg. Monthly Residential Rev. ($)		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. ($)		140.54		135.84		144.19		142.51		124.50		170.46		128.21		130.43		130.81		160.78
Avg. Monthly Residential kWh		1,076		1,199		1,183		1,186		1,324		1,253		1,224		1,218		1,282		1,273
Avg. Residential Rev.(cents per kWh)		13.06		11.33		12.19		12.02		9.40		13.60		10.47		10.71		10.21		12.63
Times Interest Earned Ratio (1)		2.67		2.10		2.14		4.05		1.53		2.31		2.72		3.46		3.19		1.16
Equity / Assets (1)		59%		46%		45%		46%		37%		33%		36%		44%		45%		35%
Equity / Total Capitalization (1)		66%		60%		55%		53%		43%		37%		46%		52%		50%		40%
	Middle Georgia		Mitchell		Ocmulgee		Oconee		Okefenoke		Planters		Rayle		Satilla		Sawnee		Slash Pine
2018
Avg. Monthly Residential Rev. ($)		158.26		160.66		127.21		150.66		148.00		159.34		144.41		142.01		131.65		138.40
Avg. Monthly Residential kWh		1,250		1,186		1,009		1,213		1,203		1,244		1,120		1,232		1,261		1,118
Avg. Residential Rev.(cents per kWh)		12.66		13.54		12.61		12.42		12.30		12.81		12.90		11.53		10.44		12.38
Times Interest Earned Ratio (1)		2.30		1.83		3.73		1.93		2.25		3.57		2.85		2.68		3.02		5.48
Equity / Assets (1)		41%		47%		62%		40%		38%		51%		35%		46%		37%		45%
Equity / Total Capitalization (1)		45%		65%		75%		47%		43%		58%		40%		55%		53%		52%
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%

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
2018
Avg. Monthly Residential Rev. ($)		130.61		168.63		139.03		130.38		136.85		151.48		150.30		135.54		141.11		132.36
Avg. Monthly Residential kWh		1,282		1,298		1,101		1,251		1,112		1,172		1,077		1,286		1,167		1,001
Avg. Residential Rev.(cents per kWh)		10.19		12.99		12.62		10.42		12.31		12.92		13.96		10.54		12.10		13.22
Times Interest Earned Ratio (1)		2.52		1.91		2.63		4.17		2.42		3.14		1.78		2.59		2.11		2.42
Equity / Assets (1)		60%		39%		41%		48%		38%		47%		34%		43%		34%		38%
Equity / Total Capitalization (1)		71%		48%		56%		55%		47%		59%		37%		53%		42%		46%
2017
Avg. Monthly Residential Rev. ($)		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. ($)		123.68		152.08		145.99		123.23		137.19		143.15		138.48		130.61		141.81		133.44
Avg. Monthly Residential kWh		1,260		1,295		1,104		1,240		1,043		1,126		1,084		1,275		1,149		1,014
Avg. Residential Rev.(cents per kWh)		9.82		11.74		13.22		9.94		13.15		12.71		12.77		10.24		12.34		13.16
Times Interest Earned Ratio (1)		2.45		1.93		2.98		3.12		2.15		2.49		1.62		2.63		2.32		1.83
Equity / Assets (1)		59%		37%		45%		45%		40%		46%		33%		42%		44%		37%
Equity / Total Capitalization (1)		68%		45%		52%		51%		49%		55%		35%		49%		53%		42%
	Snapping Shoals		Southern Rivers		Sumter		Three Notch		Tri- County		Upson		Walton		Washington				MEMBER WTD. AVG.
2018
Avg. Monthly Residential Rev. ($)		133.25		163.79		172.89		118.03		149.94		127.70		151.05		130.86				140.57
Avg. Monthly Residential kWh		1,356		1,298		1,334		895		1,209		1,144		1,305		1,094				1,244
Avg. Residential Rev.(cents per kWh)		9.83		12.6		12.96		13.2		12.41		11.16		11.57		11.96				11.30
Times Interest Earned Ratio (1)		2.05		2.60		2.08		4.91		2.13		3.91		1.85		2.67				2.64
Equity / Assets (1)		34%		41%		48%		39%		38%		64%		37%		52%				42%
Equity / Total Capitalization (1)		54%		50%		55%		53%		42%		73%		61%		56%				52%
2017
Avg. Monthly Residential Rev. ($)		121.84		151.83		161.21		117.82		136.04		121.97		136.19		124.24				132.06
Avg. Monthly Residential kWh		1,239		1,197		1,242		853		1,103		1,079		1,204		1,009				1,156
Avg. Residential Rev.(cents per kWh)		9.83		12.68		12.98		13.80		12.34		11.31		11.31		12.31				11.43
Times Interest Earned Ratio (1)		1.89		2.08		1.93		3.03		1.92		3.58		3.10		2.40				2.43
Equity / Assets (1)		35%		41%		50%		46%		37%		61%		33%		52%				41%
Equity / Total Capitalization (1)		55%		50%		55%		51%		41%		69%		56%		57%				51%
2016
Avg. Monthly Residential Rev. ($)		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%

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
2018
Residential Service		18,636		44,166		20,892		48,313		51,547		16,877		185,039		60,458		74,306		29,926
Commercial & Industrial		1,851		4,972		372		2,543		5,149		2,645		16,785		3,552		6,187		4,176
Other		248		8		460		381		337		141		5,358		3,100		792		969
Total Consumers Served		20,735		49,146		21,724		51,237		57,033		19,663		207,182		67,110		81,285		35,071
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
	Middle Georgia		Mitchell		Ocmulgee		Oconee		Okefenoke		Planters		Rayle		Satilla		Sawnee		Slash Pine
2018
Residential Service		5,174		20,993		10,914		10,417		34,311		15,442		15,579		50,705		160,224		8,527
Commercial & Industrial		1,740		1,162		672		2,033		2,294		606		2,865		2,676		16,653		167
Other		1,186		2,925		608		186		439		974		—		2,396		1,970		201
Total Consumers Served		8,100		25,080		12,194		12,636		37,044		17,022		18,444		55,777		178,847		8,895
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

Table 2 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Little Ocmulgee
2018
Residential Service		21,259		75,165		18,673		120,754		32,222		28,213		10,611		206,476		32,030		10,833
Commercial & Industrial		1,407		10,417		493		10,587		2,526		8,100		225		17,583		1,776		145
Other		413		1,114		685		1,586		6		11		1,581		4,891		427		432
Total Consumers Served		23,079		86,696		19,851		132,927		34,754		36,324		12,417		228,950		34,233		11,410
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
	Snapping Shoals		Southern Rivers		Sumter		Three Notch		Tri- County		Upson		Walton		Washington				MEMBER TOTAL
2018
Residential Service		93,985		18,226		14,761		13,778		19,453		8,362		118,824		14,800				1,740,871
Commercial & Industrial		4,120		1,066		5,034		501		2,074		626		8,045		596				154,421
Other		1,296		20		781		982		—		124		1,682		130				38,840
Total Consumers Served		99,401		19,312		20,576		15,261		21,527		9,112		128,551		15,526				1,934,132
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

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
2018
Residential Service		244,482		663,321		304,568		713,714		827,959		257,867		2,642,429		889,645		1,149,478		468,382
Commercial & Industrial		173,694		118,902		121,043		390,532		443,688		263,344		1,214,563		281,552		462,895		205,920
Other		6,983		164		5,135		6,750		4,001		2,652		257,274		84,912		8,046		36,048
Total MWh Sales		425,158		782,387		430,745		1,110,995		1,275,648		523,862		4,114,266		1,256,109		1,620,419		710,350
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
	Middle Georgia		Mitchell		Ocmulgee		Oconee		Okefenoke		Planters		Rayle		Satilla		Sawnee		Slash Pine
2018
Residential Service		77,589		298,891		132,120		151,675		495,273		230,479		209,327		749,663		2,424,473		114,359
Commercial & Industrial		44,699		78,282		52,217		120,606		61,528		27,248		66,796		315,381		1,038,654		63,607
Other		18,790		52,894		6,629		5,223		17,415		19,652		—		32,155		173,179		3,552
Total MWh Sales		141,078		430,067		190,965		277,504		574,216		277,379		276,122		1,097,199		3,636,306		181,518
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

Table 3 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Little Ocmulgee
2018
Residential Service		327,007		1,171,060		246,801		1,813,154		429,836		396,864		137,097		3,186,606		448,418		130,133
Commercial & Industrial		71,565		597,767		36,102		1,057,917		107,621		200,322		33,333		2,096,687		121,603		52,713
Other		4,247		45,772		15,009		14,757		101		684		19,610		299,703		18,893		4,932
Total MWh Sales		402,819		1,814,599		297,912		2,885,829		537,558		597,870		190,041		5,582,996		588,914		187,779
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
	Snapping Shoals		Southern Rivers		Sumter		Three Notch		Tri- County		Upson		Walton		Washington				MEMBER TOTAL
2018
Residential Service		1,529,226		283,906		236,288		148,019		282,158		114,832		1,861,384		194,279				25,982,761
Commercial & Industrial		478,524		52,012		94,976		26,150		100,564		15,941		698,569		178,775				11,566,289
Other		18,090		5,133		31,203		31,064		—		2,968		75,432		5,360				1,334,413
Total MWh Sales		2,025,840		341,051		362,467		205,233		382,722		133,741		2,635,384		378,414				38,883,463
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

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
2018
Residential Service	$	32,752,880	$	74,113,228		$	36,207,840	$	84,350,577	$	81,709,339	$	35,067,018		$	288,651,411		$	96,004,648	$	126,091,128		$	65,849,485
Commercial & Industrial		16,793,300		14,587,149			9,972,993		30,558,970		33,146,913		23,463,497			113,517,188			25,498,098		43,576,516			20,729,601
Other		861,945		35,121			773,740		904,816		736,024		444,126			23,163,771			9,175,385		1,902,315			4,722,492
Total Electric Sales	$	50,408,125	$	88,735,498		$	46,954,573	$	115,814,363	$	115,592,276	$	58,974,641		$	425,332,370		$	130,678,131	$	171,569,959		$	91,301,578
Other Operating Revenue		644,174		(2,829,155	)		8,733,048		3,902,139		6,119,163		834,102			9,154,425			3,399,061		(1,611,741	)		1,032,426
Total Operating Revenue	$	51,052,299	$	85,906,343		$	55,687,621	$	119,716,502	$	121,711,439	$	59,808,743		$	434,486,795		$	134,077,192	$	169,958,218		$	92,334,004
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
	Middle Georgia		Mitchell			Ocmulgee		Oconee		Okefenoke		Planters			Rayle			Satilla		Sawnee			Slash Pine
2018
Residential Service	$	9,826,245	$	40,473,625		$	16,661,091	$	18,833,671	$	60,935,397	$	29,526,060		$	26,996,437		$	86,406,145	$	253,116,707		$	14,161,574
Commercial & Industrial		5,774,065		8,876,786			5,082,352		10,364,972		7,350,879		3,128,721			8,389,138			22,444,436		96,078,383			6,291,246
Other		3,067,832		7,273,113			1,109,522		604,511		1,964,111		2,913,525			—			4,675,616		17,284,810			483,837
Total Electric Sales	$	18,668,142	$	56,623,524		$	22,852,965	$	29,803,154	$	70,250,387	$	35,568,306		$	35,385,575		$	113,526,197	$	366,479,900		$	20,936,657
Other Operating Revenue		227,568		1,477,630			712,424		717,181		801,656		(1,318,206	)		(33,567	)		3,292,757		(6,375,816	)		411,608
Total Operating Revenue	$	18,895,710	$	58,101,154		$	23,565,389	$	30,520,335	$	71,052,043	$	34,250,100		$	35,352,008		$	116,818,954	$	360,104,084		$	21,348,265
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

Table 4 (continued)

	Excelsior			Flint			Grady			GreyStone		Habersham			Hart			Irwin			Jackson		Jefferson		Little Ocmulgee
2018
Residential Service	$	33,318,941		$	152,098,460		$	31,152,965		$	188,929,439	$	52,915,402		$	51,285,058		$	19,138,282		$	335,818,765	$	54,238,259	$	17,206,722
Commercial & Industrial		7,389,076			64,360,626			3,724,329			97,365,724		11,846,336			24,512,415			3,842,470			188,556,032		12,090,082		4,967,324
Other		810,756			5,907,606			2,116,351			2,751,568		11,140			74,214			3,302,339			33,947,347		2,651,282		785,861
Total Electric Sales	$	41,518,773		$	222,366,692		$	36,993,645		$	289,046,731	$	64,772,878		$	75,871,687		$	26,283,091		$	558,322,144	$	68,979,623	$	22,959,907
Other Operating Revenue		(974,576	)		(2,290,969	)		1,182,312			7,053,523		(164,273	)		(7,603,735	)		419,152			7,328,798		2,822,240		170,804
Total Operating Revenue	$	40,544,197		$	220,075,723		$	38,175,957		$	296,100,254	$	64,608,605		$	68,267,952		$	26,702,243		$	565,650,942	$	71,801,863	$	23,130,711
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
	Snapping Shoals			Southern Rivers			Sumter			Three Notch		Tri-County			Upson			Walton			Washington				MEMBER TOTAL
2018
Residential Service	$	150,286,034		$	35,823,848		$	30,624,808		$	19,514,389	$	35,001,919		$	12,814,282		$	215,383,921		$	23,240,650			$	2,936,526,650
Commercial & Industrial		37,818,562			5,664,892			12,938,226			3,883,063		9,709,177			1,888,273			70,620,623			13,867,530				1,080,669,963
Other		3,257,955			461,825			4,797,786			6,050,135		—			368,744			9,636,480			676,831				159,704,832
Total Electric Sales	$	191,362,551		$	41,950,565		$	48,360,820		$	29,447,587	$	44,711,096		$	15,071,299		$	295,641,024		$	37,785,011			$	4,176,901,445
Other Operating Revenue		6,399,668			1,052,900			(1,329,513	)		640,848		1,157,946			662,985			(15,430,949	)		843,670				31,231,708
Total Operating Revenue	$	197,762,219		$	43,003,465		$	47,031,307		$	30,088,435	$	45,869,042		$	15,734,284		$	280,210,075		$	38,628,681			$	4,208,133,153
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

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
2018
Operating Revenue & Patronage Capital	$	51,052,299	$	85,906,343	$	55,687,621	$	119,716,502		$	121,711,439	$	59,808,743	$	434,486,795	$	134,077,192	$	169,958,219	$	92,334,004
Depreciation and Amortization		3,815,962		6,350,682		5,666,670		8,718,684			7,031,690		3,521,201		29,070,550		9,332,114		10,596,793		9,490,820
Other Operating Expenses		42,013,895		76,065,503		45,758,800		98,667,076			107,868,379		46,164,841		378,738,824		116,491,583		149,219,261		77,410,372
Electric Operating Margin	$	5,222,442	$	3,490,158	$	4,262,151	$	12,330,742		$	6,811,370	$	10,122,701	$	26,677,421	$	8,253,495	$	10,142,165	$	5,432,812
Other Income		1,588,384		2,804,468		1,473,988		2,780,173			4,180,277		961,098		31,378,176		1,926,833		7,795,961		1,505,972
Gross Operating Margin	$	6,810,826	$	6,294,626	$	5,736,139	$	15,110,915		$	10,991,647	$	11,083,799	$	58,055,597	$	10,180,328	$	17,938,126	$	6,938,784
Interest on Long-term Debt		2,062,134		2,793,950		2,567,659		4,693,856			5,374,857		2,454,690		20,957,580		4,560,891		6,570,576		5,296,076
Other Deductions		1,309,388		408,160		7,984		149,625			266,600		23,687		1,132,158		—		471,770		106,658
Net Margins	$	3,439,304	$	3,092,516	$	3,160,496	$	10,267,434		$	5,350,190	$	8,605,422	$	35,965,859	$	5,619,437	$	10,895,780	$	1,536,050
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
	Middle Georgia		Mitchell		Ocmulgee		Oconee			Okefenoke		Planters		Rayle		Satilla		Sawnee		Slash Pine
2018
Operating Revenue & Patronage Capital	$	18,895,710	$	58,101,153	$	23,565,389	$	30,520,335		$	71,052,043	$	34,250,099	$	35,352,008	$	116,818,952	$	360,104,084	$	21,348,265
Depreciation and Amortization		1,661,604		4,279,189		1,554,749		2,195,582			5,288,585		2,440,113		2,877,764		7,237,081		19,278,801		1,054,336
Other Operating Expenses		15,389,383		51,018,363		19,161,263		25,905,696			60,479,734		28,338,082		28,612,616		101,350,305		312,165,040		16,424,701
Electric Operating Margin	$	1,844,723	$	2,803,601	$	2,849,377	$	2,419,057		$	5,283,724	$	3,471,904	$	3,861,628	$	8,231,566	$	28,660,243	$	3,869,228
Other Income		407,275		1,501,075		994,207		739,045			2,435,676		1,751,037		1,311,142		3,182,233		6,475,410		407,726
Gross Operating Margin	$	2,251,998	$	4,304,676	$	3,843,584	$	3,158,102		$	7,719,400	$	5,222,941	$	5,172,770	$	11,413,799	$	35,135,653	$	4,276,954
Interest on Long-term Debt		934,189		2,154,329		1,023,146		1,597,125			3,379,905		1,464,404		1,785,746		4,068,369		11,587,177		778,809
Other Deductions		107,779		353,629		24,852		72,952			123,675		758		80,720		514,670		176,005		9,166
Net Margins	$	1,210,030	$	1,796,718	$	2,795,586	$	1,488,025		$	4,215,820	$	3,757,779	$	3,306,304	$	6,830,760	$	23,372,471	$	3,488,979
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

Table 5 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Little Ocmulgee
2018
Operating Revenue & Patronage Capital	$	40,544,197	$	220,075,723	$	38,175,956	$	296,100,253	$	64,608,605	$	68,267,952	$	26,702,242	$	565,650,942	$	71,801,863	$	23,130,712
Depreciation and Amortization		2,765,239		14,240,496		3,390,577		16,499,576		5,539,475		5,144,524		3,048,339		35,461,918		5,332,746		1,749,395
Other Operating Expenses		36,038,358		194,385,397		32,258,630		244,507,151		55,000,805		57,275,742		20,848,688		496,953,279		60,783,976		18,280,843
Electric Operating Margin	$	1,740,600	$	11,449,830	$	2,526,749	$	35,093,526	$	4,068,325	$	5,847,686	$	2,805,215	$	33,235,745	$	5,685,141	$	3,100,474
Other Income		1,586,485		3,500,380		1,283,153		8,914,543		3,319,347		3,738,937		682,100		22,898,338		1,224,629		269,353
Gross Operating Margin	$	3,327,085	$	14,950,210	$	3,809,902	$	44,008,069	$	7,387,672	$	9,586,623	$	3,487,315	$	56,134,083	$	6,909,770	$	3,369,827
Interest on Long-term Debt		1,317,743		7,554,954		1,297,356		10,536,636		2,882,749		3,048,818		1,924,128		21,611,445		3,265,536		1,392,000
Other Deductions		—		542,565		393,001		122,739		418,901		1,400		67,855		88,904		12,997		—
Net Margins	$	2,009,342	$	6,852,691	$	2,119,545	$	33,348,694	$	4,086,022	$	6,536,405	$	1,495,332	$	34,433,734	$	3,631,237	$	1,977,827
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
	Snapping Shoals		Southern Rivers		Sumter		Three Notch		Tri- County		Upson		Walton		Washington				MEMBER TOTAL
2018
Operating Revenue & Patronage Capital	$	197,762,219	$	43,003,465	$	47,031,307	$	30,088,436	$	45,869,042	$	15,734,284	$	280,210,075	$	38,628,680			$	4,208,133,148
Depreciation and Amortization		10,648,757		2,833,854		3,650,549		2,313,214		3,929,620		889,035		14,488,504		2,621,657				276,010,445
Other Operating Expenses		181,984,884		36,627,193		39,549,837		23,289,927		36,510,154		12,961,432		267,223,789		33,224,716				3,644,948,518
Electric Operating Margin	$	5,128,578	$	3,542,418	$	3,830,921	$	4,485,295	$	5,429,268	$	1,883,817	–$	1,502,218	$	2,782,307			$	287,174,185
Other Income		3,451,364		1,235,311		1,705,113		2,314,050		1,643,265		721,656		10,870,141		1,084,574				146,042,895
Gross Operating Margin	$	8,579,942	$	4,777,729	$	5,536,034	$	6,799,345	$	7,072,533	$	2,605,473	$	9,367,923	$	3,866,881			$	433,217,080
Interest on Long-term Debt		4,059,710		1,836,454		2,640,445		1,347,935		3,300,777		662,264		4,954,068		1,449,308				161,187,794
Other Deductions		254,868		—		49,962		176,176		26,091		18,577		200,736		—				7,715,008
Net Margins	$	4,265,364	$	2,941,275	$	2,845,627	$	5,275,234	$	3,745,665	$	1,924,632	$	4,213,119	$	2,417,573			$	264,314,278
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

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
2018
ASSETS
Total Utility Plant (1)	$	128,252,494	$	217,227,510	$	147,431,688	$	278,342,697	$	247,121,395	$	112,611,085	$	907,189,136	$	299,017,679	$	362,770,394	$	241,418,772
Depreciation		34,700,628		81,312,393		41,413,349		84,996,833		55,112,990		26,500,477		263,556,481		89,240,287		122,616,429		78,939,324
Net Plant		93,551,866		135,915,117		106,018,339		193,345,864		192,008,405		86,110,608		643,632,655		209,777,392		240,153,965		162,479,448
Other Assets		47,574,017		34,173,370		28,141,862		43,764,188		59,300,895		34,412,533		319,769,542		63,654,708		103,797,339		40,755,865
Total Assets	$	141,125,883	$	170,088,487	$	134,160,201	$	237,110,052	$	251,309,300	$	120,523,141	$	963,402,197	$	273,432,100	$	343,951,304	$	203,235,313
EQUITY & LIABILITIES
Equity	$	76,361,489	$	77,160,220	$	63,682,162	$	108,102,568	$	86,039,573	$	45,008,072	$	390,514,143	$	119,722,014	$	153,548,848	$	67,011,163
Long-term Debt		50,769,062		49,348,706		50,569,595		101,893,715		118,471,798		65,264,674		390,291,786		110,308,463		138,068,803		109,296,308
Other Liabilities		13,995,332		43,579,561		19,908,444		27,113,769		46,797,929		10,250,395		182,596,268		43,401,623		52,333,653		26,927,842
Total Equity and Liabilities	$	141,125,883	$	170,088,487	$	134,160,201	$	237,110,052	$	251,309,300	$	120,523,141	$	963,402,197	$	273,432,100	$	343,951,304	$	203,235,313
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
	Middle Georgia		Mitchell		Ocmulgee		Oconee		Okefenoke		Planters		Rayle		Satilla		Sawnee		Slash Pine
2018
ASSETS
Total Utility Plant (1)	$	55,005,729		173,596,210	$	61,174,549	$	78,921,700	$	188,048,686	$	80,835,015	$	101,296,543	$	224,196,897	$	629,882,751	$	43,200,828
Depreciation		12,257,972		33,933,653		20,924,230		22,955,152		62,911,060		23,430,213		33,813,785		47,114,160		126,927,043		10,028,883
Net Plant		42,747,757		139,662,557		40,250,319		55,966,548		125,137,626		57,404,802		67,482,758		177,082,737		502,955,708		33,171,945
Other Assets		10,558,677		38,432,204		14,317,318		22,253,003		33,435,856		27,002,003		21,056,107		72,078,297		210,132,027		11,098,527
Total Assets	$	53,306,434	$	178,094,761	$	54,567,637	$	78,219,551	$	158,573,482	$	84,406,805	$	88,538,865	$	249,161,034	$	713,087,735	$	44,270,472
EQUITY & LIABILITIES
Equity	$	21,804,848	$	83,910,498	$	34,064,977	$	31,106,060	$	60,196,505	$	42,821,258	$	30,765,165	$	114,697,666	$	261,538,484	$	19,940,155
Long-term Debt		26,292,665		44,512,714		11,225,568		34,745,703		79,153,614		30,634,154		46,205,305		95,375,190		227,918,485		18,095,885
Other Liabilities		5,208,921		49,671,549		9,277,092		12,367,788		19,223,363		10,951,393		11,568,395		39,088,178		223,630,766		6,234,432
Total Equity and Liabilities	$	53,306,434	$	178,094,761	$	54,567,637	$	78,219,551	$	158,573,482	$	84,406,805	$	88,538,865	$	249,161,034	$	713,087,735	$	44,270,472
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

Footnotes:

(1)

Including construction work in progress.

Table 6 (continued)

	Excelsior		Flint			Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Little Ocmulgee
2018
ASSETS
Total Utility Plant (1)	$	86,418,222	$	439,206,424		$	119,744,355	$	507,820,179	$	173,916,261	$	181,440,837	$	98,906,761	$	1,076,169,320	$	181,411,262	$	66,514,452
Depreciation		22,234,356		146,517,848			25,808,397		127,872,076		72,506,165		63,367,617		33,846,480		335,066,374		51,274,796		17,299,309
Net Plant		64,183,866		292,688,576			93,935,958		379,948,103		101,410,096		118,073,220		65,060,281		741,102,946		130,136,466		49,215,143
Other Assets		31,782,117		80,271,142			31,490,094		182,402,607		39,135,362		73,558,866		16,520,217		349,085,056		17,332,637		10,793,401
Total Assets	$	95,965,983	$	372,959,718		$	125,426,052	$	562,350,710	$	140,545,458	$	191,632,086	$	81,580,498	$	1,090,188,002	$	147,469,103	$	60,008,544
EQUITY & LIABILITIES
Equity	$	57,294,310	$	145,317,034		$	51,671,437	$	270,630,264	$	53,044,474	$	90,073,632	$	27,479,752	$	469,663,135	$	50,437,383	$	22,832,325
Long-term Debt		23,108,534	$	158,833,880			40,364,684		225,666,806		59,250,693		61,602,975		47,689,492		418,669,978		70,057,969		26,748,866
Other Liabilities		15,563,139		68,808,804			33,389,931		66,053,640		28,250,291		39,955,479		6,411,254		201,854,889		26,973,751		10,427,353
Total Equity and Liabilities	$	95,965,983	$	372,959,718		$	125,426,052	$	562,350,710	$	140,545,458	$	191,632,086	$	81,580,498	$	1,090,188,002	$	147,469,103	$	60,008,544
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
	Snapping Shoals		Southern Rivers			Sumter		Three Notch		Tri- County		Upson		Walton		Washington				MEMBER TOTAL
2018
ASSETS
Total Utility Plant (1)	$	298,111,198	$	118,335,979		$	127,421,357	$	81,096,590	$	127,760,759	$	29,372,758	$	448,244,911	$	89,046,376			$	8,828,479,759
Depreciation		122,135,269		26,669,344			32,403,198		26,285,618		26,956,822		11,136,034		170,540,512		30,063,396				2,614,668,953
Net Plant		175,975,929		91,666,635			95,018,159		54,810,972		100,803,937		18,236,724		277,704,399		58,982,980				6,213,810,806
Other Assets		88,757,561		(2,751,933	)		38,470,187		50,437,724		21,288,981		17,421,245		240,822,133		27,743,897				2,550,269,632
Total Assets	$	264,733,490	$	88,914,702		$	133,488,346	$	105,248,696	$	122,092,918	$	35,657,969	$	518,526,532	$	86,726,877			$	8,764,080,438
EQUITY & LIABILITIES
Equity	$	91,009,952	$	36,675,597		$	64,424,382	$	41,514,200	$	46,694,709	$	22,975,378	$	193,806,092	$	44,998,530			$	3,668,538,454
Long-term Debt		77,253,218		36,777,173			51,674,928		36,415,386		65,658,820		8,705,129		121,633,409		35,193,155				3,363,747,288
Other Liabilities		96,470,320		15,461,932			17,389,036		27,319,110		9,739,389		3,977,462		203,087,031		6,535,192				1,731,794,696
Total Equity and Liabilities	$	264,733,490	$	88,914,702		$	133,488,346	$	105,248,696	$	122,092,918	$	35,657,969	$	518,526,532	$	86,726,877			$	8,764,080,438
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

Footnotes:

(1)

Including construction work in progress.

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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
Table 2 AVERAGE NUMBER OF CONSUMERS SERVED BY EACH MEMBER
FINANCIAL AND STATISTICAL INFORMATION FOR THE 38 MEMBERS OF OGLETHORPE POWER CORPORATION
Table 3 ANNUAL MWh SALES BY CONSUMER CLASS OF EACH MEMBER
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
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)