Duke Energy Progress Completes Purchase of NCEMPA Generation Assets

Alert from the Office of Senator Bryant   If you no longer wish to receive information from our office, please click here   __________________________________________________________________________________________                       Contact: Rebecca Agner, ElectriCities of North Carolina Office: 919.760.6334Email: ragner@electricities.org   Contact: Jeff Brooks, Duke Energy Office: 919.219.9215 | 24-Hour:…Read more Duke Energy Progress Completes Purchase of NCEMPA Generation Assets

Governor Pat McCrory Signs NCEMPA Bill In Wilson NC Thursday April 2, 2015

The Political Agitator response: I remember when, Andre Knight, Carol Batchelor some others and myself found out about the ElectriCities back in the late 90’s when we held a utilities meeting at Truth Tabernacle in Rocky Mount. And now this is where we are now! But folks talk about us but all we have ever…Read more Governor Pat McCrory Signs NCEMPA Bill In Wilson NC Thursday April 2, 2015

Senator Angela Bryant, Primary Sponsor, Of SB305–NCEMPA Asset Sale

Alert from the Office of Senator Bryant   If you no longer wish to receive information from our office, please click here   ***********************************************************************   SENATOR ANGELA BRYANT, PRIMARY SPONSOR, OF SB305 – NCEMPA ASSET SALE.   “For the last ten years, since my time as a Rocky Mount Councilwoman and NCEMPA Commissioner, I have…Read more Senator Angela Bryant, Primary Sponsor, Of SB305–NCEMPA Asset Sale

Wilson NC: $1.2 billion deal would cut NCEMPA debt 70 percent to about $480 million – Wilson Times

N.C. Eastern Municipal Power Agency and Duke Energy Progress agreed to a $1.2 billion deal officials believe could lead to lower electric bills for residential and business customers in the 32 cities and towns NCEMPA serves in eastern North Carolina. The potentially landmark agreement would substantially reduce but not completely wipe out the much-publicized debt…Read more Wilson NC: $1.2 billion deal would cut NCEMPA debt 70 percent to about $480 million – Wilson Times

Duke Energy, NCEMPA deal imminent? Wilson Times

The potential sale of N.C. Eastern Municipal Power Agency electric generation assets to Duke Energy Progress could be announced soon. Graham Edwards, chief executive officer of ElectriCities, said in May that a purchase offer could be made as early as July or soon thereafter. No announcement was made during NCEMPA’s Wednesday meeting in Wilson. Grant…Read more Duke Energy, NCEMPA deal imminent? Wilson Times

Breaking News: Butterfield Is Optimistic that Duke Energy Progress’s Move to Purchase NCEMPA Ownership Interest Will Result in Lower Utility Costs

      For Release:  Immediate     Date: February 3, 2014   Contact: Kezmiché “Kim” Atterbury                          Office:    (202) 225.3101                Butterfield Is Optimistic that Duke Energy Progress’s Move to Purchase NCEMPA Ownership Interest Will Result in Lower Utility Costs   WASHINGTON, DC – Congressman G. K. Butterfield (NC-01) today released the following statement concerning…Read more Breaking News: Butterfield Is Optimistic that Duke Energy Progress’s Move to Purchase NCEMPA Ownership Interest Will Result in Lower Utility Costs

NCEMPA budget passes; Evans votes in opposition

The N.C. Eastern Municipal Power Agency board approved its 2012 budget but not without some opposition. Wilson City Councilman Donald Evans voted against the $719.6 million budget because it includes funding for merit pay increases, based on individual performance, and funding to retain or recognize employees. The budget includes a 3 percent merit pool and…Read more NCEMPA budget passes; Evans votes in opposition

NCEMPA opposes state oversight Cities won’t negotiate, reaffirm opposition to HB 117– Source: The Wilson Times

The North Carolina Eastern Municipal Power Agency Board of Commissioners Wednesday voted unanimously to oppose proposed legislation that would give the N.C. Utilities Commission oversight over public power cities. (Paid Content) See related: Video – Rocky Mount Town Hall with Graham Edwards, CEO of ElectriCities Thursday, March 17, 2011 Video – Rocky Mount Town Hall…Read more NCEMPA opposes state oversight Cities won’t negotiate, reaffirm opposition to HB 117– Source: The Wilson Times

NCEMPA looks to refinance debt – Source: The Wilson Times

N.C. Eastern Municipal Power Agency expects to save more than $1 million each year after refinancing some of its debt for the agency that serves Wilson and 31 other cities. The NCEMPA board and the ElectriCities Board of Directors decided to seek a refunding for debt service for $191,160,000 of its overall debt of $2.4…Read more NCEMPA looks to refinance debt – Source: The Wilson Times

NCEMPA – North Carolina Eastern Municipal Power Agency Summary of Largest Bondholders

North Carolina Eastern Municipal Power Agency Summary of Largest Bondholders As of March 2010   Firm Name  – USD Par ($000) Franklin Templeton Investments Vanguard Group Inc, The 248,050 Nuveen Asset Management Inc 113,939 Capital Research & Management Co (Los Angeles-West) 106,228 Liberty Mutual Insurance Co 44,480 Fidelity Management & Research Co (Fixed-Income Division) 43,420…Read more NCEMPA – North Carolina Eastern Municipal Power Agency Summary of Largest Bondholders

Wilson NC – Citizens raise heat against NCEMPA

Officials representing eastern North Carolina’s municipal power companies dealt with another round of complaints from angry customers Wednesday. About a dozen people from Citizens for Fair Utilities came to the N.C. Eastern Municipal Power Agency’s board meeting to protest the high cost of their power bills this winter. (Wilson Times)

In Response to Letter to the Editor: Change good for Rocky Mount – Rocky Mount Telegram (Mary Ward)

I get so sick and tired of folk throwing out mess without making direct examples that one can truly respond to them. They do the same things they accuse others of doing. They say b.s. but when you question them they either change the narrative or go away. Taxpayers who are residents, business owners and…Read more In Response to Letter to the Editor: Change good for Rocky Mount – Rocky Mount Telegram (Mary Ward)

Hurdle cleared in utility sale – Rocky Mount Telegram

The Political Agitator’s response: I am so glad to have been a part of finding out about ElectriCities back in the early 2000’s. Carol Batchelor, Lewis Turner, Andre Knight, myself and a couple of others in our group held a meeting at Truth Tabernacle and this is when we found out there was such a…Read more Hurdle cleared in utility sale – Rocky Mount Telegram

Lawmakers approve ElectriCities plant-sale bill – Rocky Mount Telegram

The Political Agitator response: I remember when, Andre Knight, Carol Batchelor some others and myself found out about the ElectriCities back in the late 90’s when we held a utilities meeting at Truth Tabernacle in Rocky Mount. And now this is where we are now! But folks talk about us but all we have ever done…Read more Lawmakers approve ElectriCities plant-sale bill – Rocky Mount Telegram