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Oglethorpe Power history
Oglethorpe Power company history timeline
What it could do was sell those benefits to a third party under provisions of the Economic Recovery Tax Act of 1981.
In 1986 the IRS began both civil and criminal investigations into Oglethorpe and the accounting firm of Arthur Andersen & Co.
The latter option was eventually decided upon; and in 1987 Oglethorpe and Georgia Power reached a preliminary agreement.
After Oglethorpe secured a $706.8 million loan guarantee from the REA, Oglethorpe and Georgia Power signed the deal on December 15, 1988.
Projections also indicate that by 2006 EMCs served by Oglethorpe will provide electricity to an estimated 44 percent of Georgia's total population--up sharply from the current 30 percent.
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Oglethorpe Power competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Progress Energy | 1925 | $22.7B | 11,000 | - |
| SCANA | 1924 | $4.1B | 5,228 | - |
| Kansas City Board of Public Utilities | 1909 | $140.0M | 601 | - |
| PJM Interconnection | 1927 | $920.0M | 985 | 15 |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 5 |
| Southern Nuclear | 1990 | $922.4M | 3,500 | - |
| Duke Energy | 1904 | $30.4B | 27,535 | 182 |
| Cenergy International Services | 1996 | - | 840 | - |
| Mississippi Power | 1925 | $1.2B | 1,253 | - |
| Alabama Power | 1906 | $6.1B | 6,613 | - |
Oglethorpe Power history FAQs
Zippia gives an in-depth look into the details of Oglethorpe Power, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Oglethorpe Power. The employee data is based on information from people who have self-reported their past or current employments at Oglethorpe Power. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Oglethorpe Power. The data presented on this page does not represent the view of Oglethorpe Power and its employees or that of Zippia.
Oglethorpe Power may also be known as or be related to OGLETHORPE POWER CORP, Oglethorpe Power, Oglethorpe Power Corp. and Oglethorpe Power Corporation.