Central Georgia EMC Vice-Chairman of the Board Warren E. Holder presented the Henry County Chamber of Commerce, the Henry County Development Authority, and the Henry County Board of Education with checks totaling $80,400 to go toward education, community, and economic development activities.
Central Georgia EMC presented 22 checks this month, totaling $243,310 to area Chambers of Commerce, Industrial Development Authorities, and School Boards throughout the service territory.
Henry County Development Authority Executive Director Josh Fenn;
CGEMC Key Accounts Executive Brandon Stooksbury. Special photo
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 Central Georgia EMC customer-owners 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.
