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Washington council approves 10% electric base-rate cut after NCEMPA debt payoff
Summary
The Washington City Council voted to cut the city’s electric base rate by 10% for all customers following NCEMPA’s July 2025 final debt payment, which council members said creates financial flexibility for operating and capital needs.
The Washington City Council on Oct. 13 approved a 10% reduction to the city’s electric base rate for all customers, following a July 1, 2025 final debt payment by the North Carolina Eastern Municipal Power Agency (NCEMPA).
Councilmember Richard Brooks moved the reduction and Councilmember William Pitt seconded the motion; the measure passed unanimously among the members who voted. Council discussion cited NCEMPA’s debt retirement as creating…
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