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Economy

PowerSouth strengthens local economies

The Democrat Reporter of Linden, Alabama

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Staying true to the cooperative mission, PowerSouth Energy Cooperative promotes the general welfare of the com-.munities it serves by acting as an economic stimulator.

PowerSouth provides quality jobs, makes charitable donations and pays taxes each year, benefiting the economy and strengthening the community. This revenue is turned over in the local area six or seven times, bolstering the county's economy and paving the way for community growth.

By definition, cooperatives are highly involved within the communities they serve. PowerSouth operates by this principle, helping to meet the needs of local schools, nonprofit organizations, volunteer fire departments and other community groups while providing community leaders the resources necessary to be successful.

"Giving back to the communities we serve is an important part of our organization and one of our core values," said Horace Horn, PowerSouth Vice President of External Affairs. "PowerSouth strives to make a difference and be true to sustainable development of the communities we serve."

In Washington County, home of PowerSouth's Charles R.Lowman Power Plant and Mcintosh Power Plant, significant contributions were made to fund county schools, hospitals, fire departments, roads and bridges, as well as the general county fund.

Overall, PowerSouth paid more than $6.4 million in taxes in Alabama and Florida for 2011, including property taxes on PowerSouth's electric generating plants, substations, district service centers, transmission line equipment and corporate headquarters.

In total, PowerSouth pays taxes in 40 Alabama counties, 10 Florida counties, one Georgia county and two locations in Texas.

PowerSouth employs more than 580 employees at eight locations in Alabama and Florida. Currently 200 of the cooperative's employees work in Washington County.

About PowerSouth:

PowerSouth serves the wholesale energy needs of 16 electric cooperatives and four municipal electric systems in Alabama and northwest Florida, with more than a million consumers in 39 Alabama and 10 Florida counties. PowerSouth is dedicated to providing reliable energy at the lowest possible cost to its members



Copyright 2013 The Democrat Reporter, Linden, Alabama. All Rights Reserved. This content, including derivations, may not be stored or distributed in any manner, disseminated, published, broadcast, rewritten or reproduced without express, written consent from SmallTownPapers, Inc.

Original Publication Date: January 3, 2013



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