As title indicates. Effective July 1, 2013.
Bill Summary for H 1114 (2011-2012)
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Summary date:
May 23 2012
S.L. 2012-181
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
PROVIDING THAT THE CITIES AND TOWNS THAT ARE MEMBERS OF THE NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY SHALL USE REVENUE DERIVED FROM RATES FOR ELECTRIC SERVICE FOR PAYING THE DIRECT AND INDIRECT COSTS OF OPERATING THE ELECTRIC SYSTEM, TRANSFERRING AMOUNTS THAT REPRESENT A RATE OF RETURN ON THE INVESTMENT IN THE ELECTRIC SYSTEM, AND MAKING DEBT SERVICE PAYMENTS.Intro. by Brawley.
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