Image Bylaws Access NGEMC's guiding document for more information on the organization and operation of the Cooperative. Image Service Rules See NGEMC's rules and regulations for power delivery, including our Deposit Policy. Image Getting Started New to NGEMC or need to move existing service to a new location? Get started here. Member Inquiry Members in good standing may request information about the Cooperative or request to attend a regular board meeting by submitting the following form. Your full name Phone number Email address Email address Confirm email NGEMC Service Address Mailing Address Physical Address (if different from above) Purpose for requesting attendance or information requested Names, addresses, and phone numbers of additional attendees in your party CAPTCHA Get new captcha! What code is in the image? Enter the characters shown in the image. I am not a robot. 2022 Financial Statements Accordion Balance Sheet − + Balance Sheet For Year Ended June 30, 2022ASSETSFIXED ASSETS: Property, Plant and Equipment496,774,459 Less A.D.(142,444,466) Total Fixed Assets354,329,993 CURRENT ASSETS: Cash7,148,668 Accounts Receivable - Net14,644,576 Materials & Supplies3,990,423 Other Current Assets12,408,829 Total Current Assets38,192,496 OTHER ASSETS: Investments in Associated Organizations4,467,036 Other Special Funds574,497 Energy Right Program Loans3,931,937 Prepaid Expense & Clearing Accts841,147 Total Other Assets9,814,617 Total Assets402,337,106LIABILITIES AND NET WORTHCURRENT LIABILITIES: Accounts Payable23,163,550 Other Current Liabilities12,603,959 Total Current Liabilities35,767,509 OTHER LIABILITIES: Energy Right Program Payable4,069,757 Long-Term Debt & Post Retire Benefits145,102,898 Total Other Liabilities149,172,655 CAPITAL INVESTMENTS: Memberships855,420 ACCUMULATED EARNINGS: Beginning of Year208,075,188 Current Net Income8,466,334 Total Earnings Reinvested in System Assets216,541,522 Total Liabilities and Net Worth402,337,106 Reconciliation Statement − + RECONCILIATION OF NET INCOME TO CASH EXPENDITURES FOR YEAR ENDED JUNE 30, 2022Operating Revenue Sales of Electric Energy251,057,259 Other Revenue9,136,445 Total Operating Revenue260,193,704OPERATING EXPENSES: Purchased Power192,924,121 Distribution21,804,920 Customer Accounting & Collecting6,455,860 Administration & General8,900,136 Depreciation & Amortization17,864,986 Total Operating Expenses247,950,023 Operating Income12,243,681 Misc. Income Deduction(111,011) Other Income - Interest817,401 Other Expense - Interest(4,483,737) Net Income from Operations8,466,334 Investment in Electric Plant Year Ending June 30, 2022(16,468,851) Depreciation & Amortization - Net8,074,525 Net Change in L.T. Debt(7,272,369) Net Change in Liabilities3,216,568 Net Change in Assets(6,071,343) Net Change in Cash(10,055,136) 2021 Financial Statements Accordion Balance Sheet − + Balance Sheet For Year Ended June 30, 2021ASSETSFIXED ASSETS: Property, Plant and Equipment480,307,036 Less A.D.(134,369,941) Total Fixed Assets345,937,095 CURRENT ASSETS: Cash17,203,804 Accounts Receivable - Net11,867,799 Materials & Supplies3,522,371 Other Current Assets9,421,598 Total Current Assets42,015,572 OTHER ASSETS: Investments in Associated Organizations4,264,360 Other Special Funds614,250 Energy Right Program Loans4,245,820 Prepaid Expense & Clearing Accts849,476 Other Deferred Debits- Total Other Assets9,973,906 Total Assets397,926,573LIABILITIES AND NET WORTHCURRENT LIABILITIES: Accounts Payable19,838,886 Other Current Liabilities12,509,879 Total Current Liabilities32,348,765 OTHER LIABILITIES: Energy Right Program Payable4,366,862 Long-Term Debt & Post Retire Benefits152,665,097 Total Other Liabilities157,031,959 CAPITAL INVESTMENTS: Memberships848,150 ACCUMULATED EARNINGS: Beginning of Year200,358,431 Current Net Income7,339,268 Total Earnings Reinvested in System Assets207,697,699 Total Liabilities and Net Worth397,926,573 Reconciliation Statement − + RECONCILIATION OF NET INCOME TO CASH EXPENDITURES FOR YEAR ENDED JUNE 30, 2021Operating Revenue Sales of Electric Energy231,938,376 Other Revenue8,080,523 Total Operating Revenue240,018,899OPERATING EXPENSES: Purchased Power176,139,589 Distribution21,334,098 Customer Accounting & Collecting4,345,108 Administration & General9,733,106 Depreciation & Amortization17,152,245 Total Operating Expenses228,704,146 Operating Income11,314,753 Misc. Income Deduction(18,070) Other Income - Interest638,867 Other Expense - Interest(4,596,282) Net Income from Operations7,339,268 Investment in Electric Plant Year Ending June 30, 2021(18,018,638) Depreciation & Amortization - Net5,366,469 Net Change in L.T. Debt18,093,318 Net Change in Liabilities(1,344,715) Net Change in Assets(1,666,356) Net Change in Cash9,769,346 2020 Financial Statements Accordion Balance Sheet − + Balance Sheet For Year Ended June 30, 2020ASSETSFIXED ASSETS: Property, Plant and Equipment462,289,825 Less A.D.(129,003,472) Total Fixed Assets333,286,353 CURRENT ASSETS: Cash7,434,459 Accounts Receivable - Net11,291,590 Materials & Supplies2,824,112 Other Current Assets8,594,802 Total Current Assets30,144,963 OTHER ASSETS: Investments in Associated Organizations4,103,558 Other Special Funds488,178 Energy Right Program Loans4,647,367 Prepaid Expense & Clearing Accts814,430 Other Deferred Debits353,854 Total Other Assets10,407,387 Total Assets373,838,703LIABILITIES AND NET WORTHCURRENT LIABILITIES: Accounts Payable22,263,067 Other Current Liabilities11,225,268 Total Current Liabilities33,488,335 OTHER LIABILITIES: Energy Right Program Payable4,799,816 Long-Term Debt & Post Retire Benefits134,032,839 Total Other Liabilities138,832,655 CAPITAL INVESTMENTS: Memberships839,130 ACCUMULATED EARNINGS: Beginning of Year194,799,731 Current Net Income5,878,852 Total Earnings Reinvested in System Assets200,678,583 Total Liabilities and Net Worth373,838,703 Reconciliation Statement − + RECONCILIATION OF NET INCOME TO CASH EXPENDITURES FOR YEAR ENDED JUNE 30, 2020Operating Revenue Sales of Electric Energy230,644,556 Other Revenue7,652,713 Total Operating Revenue238,297,269OPERATING EXPENSES: Purchased Power177,956,255 Distribution20,187,267 Customer Accounting & Collecting5,573,271 Administration & General8,303,357 Depreciation & Amortization16,451,046 Total Operating Expenses228,471,196 Operating Income9,826,073 Misc. Income Deduction(55,058) Other Income - Interest1,634,405 Other Expense - Interest(5,526,568) Net Income from Operations5,878,852 Investment in Electric Plant Year Ending June 30, 2020(20,891,164) Depreciation & Amortization - Net6,701,386 Net Change in L.T. Debt12,443,033 Net Change in Liabilities(5,317,579) Net Change in Assets3,152,382 Net Change in Cash1,966,910 Image Economic Development Contact our economic development team to learn more about how North Georgia EMC can supply the best electric service for you enterprise. Image Community Find information on our community outreach efforts, including the ORU grant program and educational opportunities such as PowerTown, scholarships, and Washington Youth Tour. Image Newsroom Find the latest updates from NGEMC, our publications and more. The media can also find a contact form for our public relations team here. Image Vegetation Management Learn how we work to protect the safety of our communities while increasing the reliability of our electric service by responsibly managing vegetation along our lines. Image Membership Members may request to attend a board meeting, access the bylaws and service rules and regulations, and more. Image Annual Report View our latest Annual Report for information on the state of the Cooperative. board meetings, financials, information requests, members, attend board meeting, speak at board meeting, request financial, speak to board members