Delivering Value

Delivering value

That's the goal of everything we do at ElectriCities. To provide valuable services that strengthen public power communities and help deliver safe and reliable power to homeowners and businesses across North Carolina.

Value comes in many different forms. From keen insight about complex utility issues to professional guidance on legal and legislative issues. From power supply programs that boost outside energy sales to bond refundings that lower the cost of debt payments. Together, these services make a positive impact on the communities we serve. The site explains how.

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2017 Explanation of Value Delivered

$442,107,677 the net value delivered to our members in 2016
  • Power Supply Benefit
  • Services Benefit
  • Finance Benefit
  • Contract Administration Benefit
  • DSM/Load Management Benefit
$ 430.4 M
the net value delivered
to our members
in 2017
Power Supply
205.3
Services
79.5
Finance
101.5
Contract Administration
13.2
DSM/Load Management
60.8

Value Summary

Services $79,526,756
Area Savings
Business Development Services 552,710
Compliance 322,504
Corporate Learning & Development 69,591
Corporate Records 22,610
Distribution Services 682,606
Distribution System Operations 3,065,280
Economic Development 10,581,300
Human Resources 1,608,755
Legal 54,057,317
Member Communications 1,373,543
Member Infrastructure Support 2,036,112
Residential Energy Services 243,001
Safety and Training 2,119,290
Technology Services 933,716
Utility Business Services 307,010
Utility Services 1,551,411
Finance $101,463,930
AREA SAVINGS
Bond Refunding 16,428,533
Bond Refunding/Restructuring 64,501,276
Capital Additions 517,000
Investment Portfolios 20,017,121
Contract Administration $13,246,011
Area Savings
Coal Ash Settlement 3,700,000
Contract Administration - Billing reviews, Contract and Capital Addition approvals 516,151
ESPS project additions agreement 135,000
Full Requirements Power Purchase Agreement (FRPPA), Transmission Billing Statements 816,000
Harris Plant COLA cancellation 280,000
Leased Facilities Rate 704,569
Merger Agreement 3,838,110
OATT Settlement Issues 1,368,239
Operating and Fueling Agreement, Interconnection Agreement, and Transmission billing statements 807,500
Power Supply Billing Review 827,049
Reactive Power Credit 238,530
DSM/Load Management $60,775,664
Power Supply $205,327,914
GROSS BENEFITS SUBTOTAL $460,340,275
NET BENEFITS GRAND TOTAL $430,457,930
TIP: Click on the arrows below to show/hide data.

Value in Numbers