<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM OGLETHORPE POWER CORPORATION'S CONDENSED BALANCE SHEET AS OF MARCH 31, 1996 AND RELATED STATEMENTS OF REVENUES AND EXPENSES AND CASH FLOWS FOR THE PERIOD ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK<F1> <TOTAL-NET-UTILITY-PLANT> 4,449,940 <OTHER-PROPERTY-AND-INVEST> 144,233 <TOTAL-CURRENT-ASSETS> 441,602 <TOTAL-DEFERRED-CHARGES> 356,129 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,391,904 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 346,797 <TOTAL-COMMON-STOCKHOLDERS-EQ> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 4,181,779 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 93,005 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 295,779 <LEASES-CURRENT> 5,480 <OTHER-ITEMS-CAPITAL-AND-LIAB> 469,064 <TOT-CAPITALIZATION-AND-LIAB> 5,391,904 <GROSS-OPERATING-REVENUE> 275,701 <INCOME-TAX-EXPENSE> 0 <OTHER-OPERATING-EXPENSES> 202,133 <TOTAL-OPERATING-EXPENSES> 202,133 <OPERATING-INCOME-LOSS> 73,568 <OTHER-INCOME-NET> 16,937 <INCOME-BEFORE-INTEREST-EXPEN> 90,505 <TOTAL-INTEREST-EXPENSE> 81,517 <NET-INCOME> 8,988 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 0 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 53,761 <CASH-FLOW-OPERATIONS> 3,203 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>$346,797 REPRESENTS TOTAL RETAINED PATRONAGE CAPITAL. THE REGISTRANT IS A MEMBERSHIP CORPORATION AND HAS NO AUTHORIZED OR OUTSTANDING EQUITY SECURITIES. </FN>