Media Kit
Cobb Electric Membership Corporation
2006 Summary of Corporate Statistics
Other Organizations Affiliated with Cobb EMC
Cobb EMC’s Relationship to Other Georgia Electric Utilities
Cobb Electric Membership Corporation
Formed in 1938, Cobb Electric Membership Corporation (Cobb EMC) started as an electric utility with 489 residential members and 14 commercial accounts. With over 189,000 members and growing, Cobb EMC is among the largest of Georgia's 42 EMCs and one of the largest of the nation's over 900 EMCs. The physical plant of Cobb EMC consists of over 10,000 miles of line within portions of Bartow, Cherokee, Cobb, Fulton and Paulding Counties in the metro Atlanta area and Calhoun, Clay, Quitman and Randolph counties in Southwest Georgia.
In 2006, Cobb EMC sold over 3.9 billion kilowatt hours of electricity with revenue exceeding $346 million. Cobb EMC's customer base is 89 percent residential and 11 percent commercial/industrial. Based on total kilowatt hour sales, our revenue for 2005 was 32 percent commercial/industrial and 68 percent residential. Cobb EMC's total utility plant is valued at over $568 million.
As a not-for-profit, customer-owned corporation, Cobb EMC is dedicated to providing its member/consumers with the best service at the lowest possible price. Cobb EMC is regulated by a board of ten directors, elected from and by the membership. The board names the chief executive officer, who in turn is responsible for appointing the management staff that operates and maintains the system. Cobb EMC's President/CEO is Dwight Brown.
President/CEO Dwight Brown
Board of Directors
Chairman Larry Chadwick
Vice Chairman Sarah C. Brown
Secretary-Treasurer Al Fortney
Kay Anderson
Don Barnett
Frank Boone
Henry Balkcom
David Herndon
Johnny Gresham
David McGinnis
Office Hours
8am - 5pm • Monday - Friday
Drive through window is open
8am - 5pm • Monday - Friday
Express Pay Deposit Available
Cobb Electric Membership Corporation
P.O. Box 369
Marietta, Ga 30061
www.cobbemc.com
770-429-2100
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2006 Summary of Corporate Statistics
Number of member/consumers in metro Atlanta - Over 189,000 members located in Cobb, Cherokee, Paulding, Bartow and Fulton counties and 3000 members in Calhoun, Clay, Quitman and Randolph counties. Cobb EMC is one of Georgia's largest EMCs, and among the largest electric cooperatives in the nation.
Kilowatt-Hour Sales - 2006 over 3.9 billion
Revenue - 2006 over $346 million
Plant Value - Valued at over $568 million
Miles of Line - Currently 10,000 miles of line on the Cobb EMC system
Cobb Electric Membership Corporation is a member-owned, not-for-profit electric cooperative like some 900 other EMCs across the nation. Each consumer who receives electric service from Cobb EMC is referred to as a member.
A ten-member board of directors determines policies and practices. The directors are elected from and by the membership to serve three-year terms.
A business meeting of the membership of Cobb EMC is held annually in accordance with the bylaws. This meeting could be likened to the shareholders' meeting of investor owned utilities; instead Cobb EMC's "shareholders" are our customers.
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Other Organizations Affiliated with Cobb EMC
Cobb Energy Management Corporation (Cobb Energy), located in Marietta, Georgia, is an affiliate of Cobb Electric Membership Corporation.
Cobb Energy Management Corporation, incorporated in 1997, is a for-profit entity formed to be an aggregator of services for the membership of Cobb Electric Membership Corporation and others. Cobb Energy has an operating agreement with Cobb EMC to provide labor for all Cobb EMC functions.
Residential products offered by Cobb Energy include Cobb Energy Mortgage Services, interior electrical wiring and natural gas line coverage, cell phones, EC Home Improvement Loans, and Complete Health discount program. Pest control services are offered through Alamo Pest Control, a Cobb Energy affiliate. Home security systems and monitoring are offered through InterLink Control, a Cobb Energy affiliate. Additionally, surge protection and tree trimming and removal are products and services offered by Cobb Energy.
Commercial products offered by Cobb Energy include security and facility monitoring, surge protection, power quality solutions, tree trimming and outdoor lighting.
In January 2005 Cobb Energy announced that it secured naming rights to the regional performing arts center under construction at the Cobb Galleria Complex. The state-of-the-art Cobb Energy Performing Arts Centre will serve as a catalyst for cultural arts initiatives through the Metro Atlanta area and the Southeast. It will offer the best in world-class entertainment and live performances including Broadway, opera, ballet, orchestra, musical theater, concerts and family entertainment.
Cobb Energy Management Corporation
P.O. Box 4605
Marietta, GA 30061
www.cobbenergy.com
Call Center Hours
Twenty-four-hours-a-day, seven-days-a-week
Main Number 770-429-2222
Oglethorpe Power Corporation - Established in 1975 to provide electricity to 39 of the 42 EMCs in Georgia. Since the National Energy Act of 1992, OPC's directors have voted to restructure in order to allow Cobb EMC and other member EMCs to purchase some power from other suppliers. OPC is now divided into three specialized companies. It will remain a cooperative and operate primarily as a power-generating organization. Systems operations and transmission companies have been formed as subsidiaries of OPC. Oglethorpe Power Corporation is located in Tucker, Georgia.
Georgia Electric Membership Corporation - GEMC is a cooperative owned by Georgia's 42 EMCs. Services include producing publications for EMC members such as GEORGIA Magazine, acting as a liaison for the electric cooperatives with state and federal government officials and providing training for employees of EMCs. Direction is received from a board of directors made up of one representative from each EMC.
The National Rural Utilities Cooperative Finance Corporation (CFC) - Cobb EMC currently obtains financing funds from the National Rural Utilities Cooperative Finance Corporation. The CFC is a private, nonprofit, financing cooperative established by the nation's EMC's.
Rural Utilities Service (RUS) - Formerly the Rural Electrification Administration (REA)
Until April 1996, Cobb EMC obtained most of its financing from RUS, a part of the U.S. Department of Agriculture, which provides loans to rural electric cooperatives. In April 1996, Cobb EMC prepaid over $100 million in loans to the Rural Utilities Service (RUS). The funds for this largest single prepayment in the history of the program for a distribution cooperative, were provided by the CFC.
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Cobb EMC’s Relationship to Other Georgia Electric Utilities
The electric utilities in Georgia have an Integrated Transmission System (ITS). The ITS includes more than 16,000 miles of transmission lines and substations that may be used by the ITS participants (Oglethorpe Power, Georgia Power and the Municipal Electric Authority of Georgia) without regard to service area. This eliminates the need for each power supplier to build a separate transmission network. Therefore, joint ownership in generating facilities is shared. For example, Plant Hatch, a nuclear facility located in Baxley, is jointly owned by Georgia Power (50.1 percent), OPC (30 percent), MEAG (17.7 percent), and the City of Dalton (2.2 percent). Cobb EMC, through membership in OPC, shares in the ownership of nuclear plant Edwin I. Hatch, coal-fired plant Hal B. Wansley, nuclear plant Alvin W. Vogtle and coal-fired plant Robert W. Scherer. OPC also owns 75 percent of the new 635 megawatt Rocky Mountain pumped-storage hydro facility, located just north of Rome, Georgia.
For more information, the media should contact:
Sam Kelly
Vice President, Public Relations
678-355-3141
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