Formed in 1938, Cobb Electric Membership Corporation, more commonly known as Cobb EMC, is a

non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

electric utility An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major pr ...

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...

serving parts of Cobb,

Cherokee The Cherokee (; chr, ᎠᏂᏴᏫᏯᎢ, translit=Aniyvwiyaʔi or Anigiduwagi, or chr, ᏣᎳᎩ, links=no, translit=Tsalagi) are one of the indigenous peoples of the Southeastern Woodlands of the United States. Prior to the 18th century, t ...

, Bartow, Paulding, and small sections of

Fulton Fulton may refer to: People * Robert Fulton (1765–1815), American engineer and inventor who developed the first commercially successful steam-powered ship * Fulton (surname) Given name * Fulton Allem (born 1957), South African golfer * Fult ...

counties in

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

. In 2009, it had total sales of over 3.8 billion

kilowatt-hour A kilowatt-hour (unit symbol: kW⋅h or kW h; commonly written as kWh) is a unit of energy: one kilowatt of power for one hour. In terms of SI derived units with special names, it equals 3.6 megajoules (MJ). Kilowatt-hours are a common bil ...

s (13.7 billion

megajoule The joule ( , ; symbol: J) is the unit of energy in the International System of Units (SI). It is equal to the amount of work done when a force of 1 newton displaces a mass through a distance of 1 metre in the direction of the force applied. ...

s). It was founded in 1938 with 489 residential members and 14 business accounts, and now serves about 200,000 homes and businesses (including over 180,000 in northwest

metro Atlanta Metro Atlanta, designated by the United States Office of Management and Budget as the Atlanta–Sandy Springs–Alpharetta, GA Metropolitan Statistical Area, is the most populous metropolitan statistical area in the U.S. state of Georgia and the ...

), making it one of the largest

electric membership corporation A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in ...

s in the state and country. However, most residents in Cobb and other counties are customers of

Georgia Power Georgia Power is an electric utility headquartered in Atlanta, Georgia, United States. It was established as the Georgia Railway and Power Company and began operations in 1902 running streetcars in Atlanta as a successor to the Atlanta Consolida ...

, while those within the

city limit City limits or city boundaries refer to the defined boundary or border of a city. The area within the city limit can be called the city proper. Town limit/boundary and village limit/boundary apply to towns and villages. Similarly, corporate limi ...

s of

Marietta Marietta may refer to: Places in the United States *Marietta, Jacksonville, Florida *Marietta, Georgia, the largest US city named Marietta *Marietta, Illinois *Marietta, Indiana *Marietta, Kansas *Marietta, Minnesota *Marietta, Mississippi *Mar ...

(the Cobb

county seat A county seat is an administrative center, seat of government, or capital city of a county or civil parish. The term is in use in Canada, China, Hungary, Romania, Taiwan, and the United States. The equivalent term shire town is used in the US st ...

) are customers of Marietta Power, a municipal utility run by the city. Cobb EMC participates in a rebate program for customers who install

solar panel A solar cell panel, solar electric panel, photo-voltaic (PV) module, PV panel or solar panel is an assembly of photovoltaic solar cells mounted in a (usually rectangular) frame, and a neatly organised collection of PV panels is called a photo ...

s. In January 2009, the company joined with Green Power EMC to buy 17

megawatt The watt (symbol: W) is the unit of Power (physics), power or radiant flux in the International System of Units, International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantification (science), ...

s of

electric power Electric power is the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt, one joule per second. Standard prefixes apply to watts as with other SI units: thousands, millions and billions o ...

from a company which upgraded the

power plant A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...

at the former

Fruit of the Loom Fruit of the Loom is an American company that manufactures clothing, particularly casual wear and underwear. The company's world headquarters is in Bowling Green, Kentucky. Since 2002 it has been a subsidiary of Berkshire Hathaway. Products manu ...

factory A factory, manufacturing plant or a production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another. T ...

in Rabun Gap to use

logging Logging is the process of cutting, processing, and moving trees to a location for transport. It may include skidding, on-site processing, and loading of trees or logs onto trucks or skeleton cars. Logging is the beginning of a supply chain ...

biomass Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bi ...

as a

fuel A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work. The concept was originally applied solely to those materials capable of releasing chemical energy but ...

Cobb Energy

Cobb Energy Management Corporation, usually known as Cobb Energy, was created as a for-profit

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

in 1997. It eventually sparked a

lawsuit - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...

by Cobb EMC members, charging that their money was being funneled into the new company, after a 2007

exposé Expose, exposé, or exposed may refer to: News sources * Exposé (journalism), a form of investigative journalism * '' The Exposé'', a British conspiracist website Film and TV Film * ''Exposé'' (film), a 1976 thriller film * ''Exposed'' (1932 ...

by the ''

Atlanta Journal-Constitution ''The Atlanta Journal-Constitution'' is the only major daily newspaper in the metropolitan area of Atlanta, Georgia. It is the flagship publication of Cox Enterprises. The ''Atlanta Journal-Constitution'' is the result of the merger between ...

''.

Shareholder A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal own ...

s prevailed, and won again on

appeal In law, an appeal is the process in which cases are reviewed by a higher authority, where parties request a formal change to an official decision. Appeals function both as a process for error correction as well as a process of clarifying and ...

to the

Georgia Court of Appeals The Georgia Court of Appeals is the intermediate-level appellate court for the U.S. state of Georgia. History Founding of the court The genesis of the Court of Appeals began with a report by the State Bar of Georgia in 1895, suggesting that the G ...

in April 2010. Cobb Energy was folded back into the non-profit cooperative. Co-op board elections, delayed by the litigation since 2007, were scheduled to resume in the fall of 2011. In early January 2011, the

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Cobb EMC was

arrest An arrest is the act of apprehending and taking a person into custody (legal protection or control), usually because the person has been suspected of or observed committing a crime. After being taken into custody, the person can be questi ...

ed and charged with 31 counts of

racketeering Racketeering is a type of organized crime in which the perpetrators set up a coercive, fraudulent, extortionary, or otherwise illegal coordinated scheme or operation (a "racket") to repeatedly or consistently collect a profit. Originally and of ...

and

theft Theft is the act of taking another person's property or services without that person's permission or consent with the intent to deprive the rightful owner of it. The word ''theft'' is also used as a synonym or informal shorthand term for some ...

after his

indictment An indictment ( ) is a formal accusation that a legal person, person has committed a crime. In jurisdictions that use the concept of felony, felonies, the most serious criminal offence is a felony; jurisdictions that do not use the felonies concep ...

by a county

grand jury A grand jury is a jury—a group of citizens—empowered by law to conduct legal proceedings, investigate potential criminal conduct, and determine whether criminal charges should be brought. A grand jury may subpoena physical evidence or a pe ...

in the matter, citing more than 50 million dollars taken from or not paid to the EMC by Cobb Energy.http://www.ajc.com/business/cobb-emc-chief-released-797034.html Prior to these events, the company purchased

naming rights Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of t ...

to the new

Cobb Energy Performing Arts Centre Cobb Energy Performing Arts Centre is a performing arts venue located in the Cumberland/Galleria edge city, in northwest Atlanta, Georgia, United States. The $145 million facility celebrated its grand opening September 15, 2007, with a concert b ...

, which still bears the name.

Partners and Affiliates

ENERGY STAR Energy Star (trademarked ''ENERGY STAR'') is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency. The program provides information on the energy consumption of pro ...

* Green Power EMC * Gas South *

Touchstone Energy Touchstone Energy Cooperatives (also called simply Touchstone) is a cooperative federation composed of more than 750 local, consumer-owned utility cooperatives in 46 of the 50 United States of America. Touchstone Energy co-ops serve more than 30 m ...

* Georgia Electric Membership Corporation (Georgia EMC)

References

{{reflist

Cobb Energy

Partners and Affiliates

References

External links