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Home > Company Index > Utilities > Electric Utilities > North Carolina Electric Membership Corporation

North Carolina Electric Membership Corporation
 PROFILE
It's a cooperative effort: North Carolina Electric Membership produces, buys, and sells electricity to 26 of 27 of the state's electric cooperatives. The co-op owns two peaking generators (18 MW of power) and a 28% share (644 MW) in the Catawba Nuclear Station of York County, South Carolina. It also buys power from CP&L Energy (formerly Carolina Power & Light), Duke Energy, and other for-profit utilities. North Carolina Electric Membership's cooperatives serve more than 780,000 businesses and homes in North Carolina. The wholesale co-op also operates an energy operations center and offers engineering and construction management and power supply planning.

 COMPETITION
Dominion Resources, Inc. (D)
SCANA Corporation (SCG)
Tennessee Valley Authority (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 635.80
1-Yr. Sales Growth: (1.4)%
Employees: 25
Revenue per employee: $25,432,000.00

 KEY PEOPLE
• Charles W. Terrill
    CEO
• Lark S. James
    CFO

 CONTACT INFO
3400 Sumner Blvd.
Raleigh, NC 27616
US
Phone: 919-872-0800
Fax: 919-954-7135
Online: Web Site

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