<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Oglethorpe Power Corporation's condensed balance sheet as of September 30, 1994 and related condensed statements of revenues and expenses and cash flows for the period ended September 30, 1994 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK<F1> <TOTAL-NET-UTILITY-PLANT> 4,522,691 <OTHER-PROPERTY-AND-INVEST> 151,306 <TOTAL-CURRENT-ASSETS> 283,826 <TOTAL-DEFERRED-CHARGES> 282,705 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,240,528 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 324,933 <TOTAL-COMMON-STOCKHOLDERS-EQ> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 4,088,816 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 68,246 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 303,677 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 454,856 <TOT-CAPITALIZATION-AND-LIAB> 5,240,528 <GROSS-OPERATING-REVENUE> 797,471 <INCOME-TAX-EXPENSE> 0 <OTHER-OPERATING-EXPENSES> 571,799 <TOTAL-OPERATING-EXPENSES> 571,799 <OPERATING-INCOME-LOSS> 225,672 <OTHER-INCOME-NET> 41,786 <INCOME-BEFORE-INTEREST-EXPEN> 267,458 <TOTAL-INTEREST-EXPENSE> 229,377 <NET-INCOME> 38,081 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 0 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 62,651 <CASH-FLOW-OPERATIONS> 19,176 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>$324,933 represents total retained patronage capital. The registrant is a membership corporation and has no authorized or outstanding equity securities. </FN>