Growth in Power Demand
Georgia’s population has skyrocketed over the past four decades. Between 1970 and 2000, the state grew from 4.6 million residents to 8.8 million residents. And, growth continues despite the recent recession. In 2009, Georgia was the eighth fastest growing state in the nation and, at nearly 10 million residents, is the ninth largest state overall.
The impacts of Georgia’s historically strong growth have been felt in areas such as housing, schools and transportation systems. But one of the biggest impacts has been on the electrical supply system. More people, combined with more household devices such as large screen TVs and computers, has meant higher demand for electricity.
This is especially true for many of the 38 Electric Membership Corporations (EMCs) served by Oglethorpe Power, which provide retail electric service in suburban or exurban areas where much of the fastest growth has taken place.
In terms of customer demand for power, the Member Systems still comprise the fastest growing segment of the state’s utility industry. This demand is projected to grow at 2.98 percent annually between 2010 and 2019 (actual figures could differ). That is higher than both Georgia Power Company and MEAG Power.
Photo credit, above banner: Georgia Department of Economic Development