Good night John-Boy. This Walton family serves more than 118,400 residential, agricultural, commercial, and industrial customers in northeastern Georgia. The Walton Electric Membership Corporation (Walton EMC) operates 6,840 miles of power lines spanning across all or portions of ten counties (Athens-Clarke, Barrow, DeKalb, Greene, Gwinnett, Morgan, Newton, Oconee, Rockdale, and Walton). Subsidiary Walton EMC Natural Gas competes in the state's deregulated retail gas supply market, and has about 64,000 customers. Other operations include security systems installation and monitoring, appliance sales and rebates, and outdoor lighting services.
Like other energy co-ops, Walton EMC is pushing energy conservation with its members in order to avoid wasteful energy use. This includes customer education tips for saving power (improving attic insulation, turning down refrigerator thermostats, using energy-efficient light bulbs) as well as the use of smart meters to reduce cooperative overhead. This strategy allows the co-op to continue offering some of the state's lowest electric rates.
Its Energy Solutions segment, led by Walton EMC Natural Gas, also offers the co-op an additional source of revenues and customer interaction beyond its core electric distribution business. In 2011 Walton EMC Natural Gas won the J.D Power and Associates' award for "highest in customer satisfaction" among retail natural gas providers in Georgia.
Extreme winter and summer weather temperatures spiked demand and lifted Walton EMC's revenues and gross margins in 2010.
Formed in 1936 as part of a nationwide drive to bring affordable electricity to rural areas, Walton EMC is a not-for-profit cooperative owned by the members it serves. – less