Central Georgia EMC Chief Operating Officer Ben Thomason and Board Member Phillip Benson Ham, Jr. presented Forsyth-Monroe County Chamber of Commerce, Development Authority of Monroe County and Monroe County Schools with checks totaling $37,200 toward education, community and economic development activities.
Central Georgia EMC (CGEMC) presented 22 checks this month, totaling $257,770, to area Chambers of Commerce, Industrial Development Authorities, and School Boards throughout the service territory. These funds come from unclaimed capital credits that remain with CGEMC after five years. Capital credits are margins over and above the cost of providing service for customer-owners of Central Georgia EMC for a specific year after financial obligations have been met. Unclaimed capital credits that remain after five years stay in the communities served by Central Georgia EMC for the sole purposes of funding education, economic development,and 501(c)(3) charitable organizations in the EMC service area.
Central Georgia EMC is a customer-owned cooperative providing electricity and related services to over 57,000 billed accounts in 14 counties (Bibb, Butts, Clayton, Fayette, Henry, Jasper, Jones, Lamar, Monroe, Morgan, Newton, Pike, Putnam, Spalding).