Press Room

This section contains news and information about issues and events affecting Public Power communities across our state and nation. If you can't find what you're looking for, please let us help you by submitting a specific request.

Press Releases

May 7, 2008

Tunis Named Chief Financial Officer

Jesse C. Tilton, III, ElectriCities CEO, announced today that Tim Tunis has been named Chief Financial Officer. Tunis has worked with ElectriCities since 2005 as Manager of Accounting and Financial Reporting and most recently as Assistant Chief Financial Officer.  Tunis replaces longtime CFO Al Conyers, who will retire from the post in May after serving ElectriCities for nearly 30 years. Tunis’ appointment is effective May 23.

May 6, 2008

NCEMPA Credit Rating Affirmed by Bond Rating Agencies

Three credit rating agencies affirmed the credit rating of North Carolina Eastern Municipal Power Agency (NCEMPA) after a comprehensive update provided by the Power Agency. Moody’s Investor Services (Baa1), FitchRatings (BBB+) and Standard and Poors (BBB) all reaffirmed their ratings for the Agency.  Factors influential in the affirmation include NCEMPA’s stable financial position and its Participants well-diversified and growing customer base.

May 6, 2008

NCMPA1 Credit Rating Upgraded by Bond Rating Agencies

Two credit rating agencies upgraded the credit rating of North Carolina Municipal Power Agency Number 1 (NCMPA1) after a comprehensive update provided by the Power Agency, while a third rating agency affirmed a recent upgrade. Moody’s Investor Services upgraded the rating from A3(stable) to A2(stable). FitchRatings upgraded the rating from A-(stable) to A(stable). Standard and Poors reaffirmed their rating of A- that was upgraded from BBB+ in December of 2007. Factors influential in the upgrades include NCMPA1’s strong financial position, its sound market position with its nuclear ownership and its improved supplemental power supply arrangements.

April 22, 2008

North Carolina Team Wins First Place in Public Power Lineworkers’ Rodeo

The team representing the North Carolina Association of Municipal Electric Systems (NCAMES) won first place in the American Public Power Association’s eighth annual Public Power Lineworkers’ Rodeo, held April 18-19 this weekend. The team, made up of four electric linemen from across the state, took home top honors in the annual competition, held this year in Indianapolis, Ind. 

January 25, 2008

Five New Members Join the ElectriCities Board of Directors; Officers Selected

Five individuals were elected to the ElectriCities Board of Directors in November and were sworn into office today. The 14-member Board of Directors advises and directs the activities and policies for North Carolina Municipal Power Agency Number One (NCMPA1), North Carolina Eastern Municipal Power Agency (NCEMPA), and ElectriCities, a municipal electric system trade association. The ElectriCities Board also serves a coordination function.

November 30, 2007

North Carolina Municipal Power Agency Number 1 (NCMPA1) Issues Request for Proposals

NCMPA1 has issued two separate requests for proposals (RFPs) for additional resources to serve a portion of its member cities’ future load and energy requirements.  NCMPA1 is the full requirements supplier to 19 municipal utility members that are located within the Duke Energy Carolinas, LLC (Duke) service area.

August 27, 2007

Rocky Mount Mayor Fred Turnage Honored with Public Power Lifetime Achievement Award

Frederick E. Turnage, longtime Mayor of Rocky Mount, recently received the Public Power Lifetime Achievement Award from ElectriCities of North Carolina, Inc. The award was presented to Mayor Turnage on August 10 during ElectriCities’ Annual Meeting in Asheville.

August 17, 2007

Four Municipal Employees Honored as NC Public Power Hometown Heroes

Four individuals were recently recognized as Hometown Heroes by ElectriCities of North Carolina. The awards were presented during the ElectriCities Annual Meeting banquet, held on August 10. Hometown Hero awards are presented annually to municipal employees who have made an outstanding effort to save a life in their community.

Press Release Archives

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