﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-11-15T07:11:43-08:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ADAMS JENKINS CHEATHAM PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>231 WYLDEROSE DR</AddressLine1>
        <City>MIDLOTHIAN</City>
        <State>VA</State>
        <ZIPCode>231136845</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>560160075</EIN>
      <Name>
        <BusinessNameLine1>BLUE RIDGE ELECTRIC</BusinessNameLine1>
        <BusinessNameLine2>MEMBERSHIP CORPORATION</BusinessNameLine2>
      </Name>
      <NameControl>BLUE</NameControl>
      <Phone>8287582383</Phone>
      <USAddress>
        <AddressLine1>PO BOX 112</AddressLine1>
        <City>LENOIR</City>
        <State>NC</State>
        <ZIPCode>28645</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>LEE CHASE</Name>
      <Title>CFO</Title>
      <DateSigned>2011-11-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>G STEVEN GILLIAM CPA</Name>
      <Phone>8043231313</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990 documentId="IRS990" referenceDocumentId="IRS990ScheduleO 990BinaryAttachments.1" softwareId="10000105" softwareVersion="2010v3.2">
      <GrossReceipts>140359584</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <AllAffiliatesIncluded>false</AllAffiliatesIncluded>
      <Organization501c typeOf501cOrganization="12">X</Organization501c>
      <WebSite>blueridgeemc.com</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1936</YearFormation>
      <StateLegalDomicile>NC</StateLegalDomicile>
      <ActivityOrMissionDescription>Safe and Effective Distribution of electricity to the members of Blue Ridge EMC</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>12</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>12</NbrIndependentVotingMembers>
      <TotalNbrEmployees>183</TotalNbrEmployees>
      <TotalGrossUBI>242827</TotalGrossUBI>
      <ContributionsGrantsCurrentYear>0</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>127471776</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>136001622</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>87218</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>143206</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>5072177</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>4214756</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>132631171</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>140359584</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>25000</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>17796957</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>18987543</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>104959458</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>112457222</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>122756415</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>131469765</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>9874756</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>8889819</RevenuesLessExpensesCY>
      <TotalAssetsBOY>333612450</TotalAssetsBOY>
      <TotalAssetsEOY>338952287</TotalAssetsEOY>
      <TotalLiabilitiesBOY>215688930</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>215237738</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>117923520</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>123714549</NetAssetsOrFundBalancesEOY>
      <MissionDescription>Safe and Effective Distribution of electricity to the members of Blue Ridge EMC</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Description>Safe and effective delivery of electricity to the members of Blue Ridge EMC</Description>
      <DescribedIn501C3>false</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId=" IRS990ScheduleD">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId=" IRS990ScheduleD">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId=" IRS990ScheduleD">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId=" IRS990ScheduleD">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId=" IRS990ScheduleD">false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId=" IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId=" IRS990ScheduleD">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId=" IRS990ScheduleD">false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId=" IRS990ScheduleD">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId=" IRS990ScheduleD">true</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId=" IRS990ScheduleD">false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId=" IRS990ScheduleD">false</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId=" IRS990ScheduleD">true</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations referenceDocumentId=" IRS990ScheduleI">true</GrantsToOrganizations>
      <GrantsToIndividuals referenceDocumentId=" IRS990ScheduleI">false</GrantsToIndividuals>
      <ScheduleJRequired referenceDocumentId=" IRS990ScheduleJ">true</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <InvestTaxExemptBonds>false</InvestTaxExemptBonds>
      <EscrowAccount>false</EscrowAccount>
      <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity referenceDocumentId=" IRS990ScheduleR">false</DisregardedEntity>
      <RelatedEntity referenceDocumentId=" IRS990ScheduleR">true</RelatedEntity>
      <RelatedOrgControlledEntity>true</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId=" IRS990ScheduleR">true</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg referenceDocumentId=" IRS990ScheduleR">false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership referenceDocumentId=" IRS990ScheduleR">false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>63</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>true</ComplianceWithBackupWitholding>
      <NumberOfEmployees>183</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>true</UnrelatedBusinessIncome>
      <Form990-TFiled>true</Form990-TFiled>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <Form8886TFiled>false</Form8886TFiled>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <NonDeductibleDisclosure>false</NonDeductibleDisclosure>
      <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
      <TaxableDistributions>false</TaxableDistributions>
      <DistributionToDonor>false</DistributionToDonor>
      <GrossIncomeFromMembers>136001622</GrossIncomeFromMembers>
      <GrossIncomeOtherSources>2299483</GrossIncomeOtherSources>
      <FiledLieu1041>false</FiledLieu1041>
      <LicensedMoreThanOneState>false</LicensedMoreThanOneState>
      <IndoorTanningServices>false</IndoorTanningServices>
      <Form720Filed>false</Form720Filed>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>12</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>12</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>true</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>true</MembersOrStockholders>
      <ElectionOfBoardMembers>true</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>true</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <PoliciesReferenceChapters>false</PoliciesReferenceChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <WrittenPolicyOrProcedure>false</WrittenPolicyOrProcedure>
      <StatesWhereCopyOfReturnIsFiled>NC</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>THE CORPORATION</NamePerson>
        <TelephoneNumber>8287582383</TelephoneNumber>
        <AddressUS>
          <AddressLine1>PO Box 112</AddressLine1>
          <City>LENOIR</City>
          <State>NC</State>
          <ZIPCode>28645</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>SANDRA HICKS</NamePerson>
        <Title>DIR. MEMB. SERV.</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>115921</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>67413</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Renee Whitener</NamePerson>
        <Title>DIR. of Public Rel</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>113235</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>28457</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MICHAEL HIGH</NamePerson>
        <Title>DIR. ENG. SERV.</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>126680</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>38872</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Martha McKnight</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>21958</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LEE LAYTON</NamePerson>
        <Title>SVP, COO</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>264826</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>144100</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Kenneth R Greene</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>7.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>31798</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JULIE O'DELL-MICHIE</NamePerson>
        <Title>SVP, CAO</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>170140</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>34151</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Joy B Coffey</NamePerson>
        <Title>SEC.-TREASURER</Title>
        <AverageHoursPerWeek>9.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>16056</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>9600</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Jimmy D Hemphill</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>22646</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Jeffrey B Joines</NamePerson>
        <Title>Vice President</Title>
        <AverageHoursPerWeek>7.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>27276</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JAMES B LAWRENCE</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>20878</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Douglas W Johnson</NamePerson>
        <Title>President &amp; CEO</Title>
        <AverageHoursPerWeek>50.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>584326</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>163929</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID EGGERS</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>7.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>25922</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID BOONE</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>6.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>22594</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Clayton Cooke</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>7.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>12526</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>9600</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CLAIRE L CHASE</NamePerson>
        <Title>SVP, CFO</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>280559</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>80167</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Charity Gambill-Gwyn</NamePerson>
        <Title>Asst. Sec. Trea</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>23738</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Bryan Edwards</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>4.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>20306</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BRIAN CRUTCHFIELD</NamePerson>
        <Title>Dir. Sust. Dev.</Title>
        <AverageHoursPerWeek>45.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>112950</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>48621</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Bradley McNeill</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>12318</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>9600</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BRAD SHIELDS</NamePerson>
        <Title>DIRECTOR OF IT</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>128404</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>38250</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>2155057</TotalReportableCompFromOrg>
      <TotalOtherCompensation>672760</TotalOtherCompensation>
      <NumberIndividualsGT100K>14</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>WILKIE CONSTRUCTION COMPANY</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO BOX 1410</AddressLine1>
            <City>LENIOR</City>
            <State>NC</State>
            <ZIPCode>28645</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CONSTRUCTION</DescriptionOfServices>
        <Compensation>1357681</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>PIKE ELECTRIC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO BOX 1000</AddressLine1>
            <City>MEMPHIS</City>
            <State>TN</State>
            <ZIPCode>38148</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CONSTRUCTION</DescriptionOfServices>
        <Compensation>2616266</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>MasTec North America Inc</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>9140 Arrowpont Blvd Suite 200</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28273</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CONSTRUCTION</DescriptionOfServices>
        <Compensation>1137570</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>CARTER UTILITIES</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>213 APOLLO DRIVE</AddressLine1>
            <City>MT AIRY</City>
            <State>NC</State>
            <ZIPCode>27030</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>ROW MAINTENANCE</DescriptionOfServices>
        <Compensation>3188815</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>ASPLUNDH</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO BOX 532729</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>303532729</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>TREE / BRUSH CLEARIN</DescriptionOfServices>
        <Compensation>1040167</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>27</NumberOfContractorsGT100K>
      <TotalContributions>0</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Sale and dist. of elect.</Description>
        <BusinessCode>221000</BusinessCode>
        <TotalRevenueColumn>136001622</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>136001622</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>136001622</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>143206</TotalRevenueColumn>
        <ExclusionAmount>143206</ExclusionAmount>
      </InvestmentIncome>
      <IncomeFromInvestBondProceeds>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </IncomeFromInvestBondProceeds>
      <RoyaltiesRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </RoyaltiesRevenue>
      <GrossRents>
        <Real>77027</Real>
        <Personal>2224279</Personal>
      </GrossRents>
      <RentalIncomeOrLoss>
        <Real>77027</Real>
        <Personal>2224279</Personal>
      </RentalIncomeOrLoss>
      <NetRentalIncomeOrLoss>
        <TotalRevenueColumn>2301306</TotalRevenueColumn>
        <UnrelatedBusinessRevenue>237827</UnrelatedBusinessRevenue>
        <ExclusionAmount>2063479</ExclusionAmount>
      </NetRentalIncomeOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetGainOrLossInvestments>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromFundraisingEvents>
      <NetIncomeFromGaming>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromGaming>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeOrLoss>
      <OtherRevenueMisc>
        <Description>Patronage allocations rec</Description>
        <BusinessCode>221000</BusinessCode>
        <TotalRevenueColumn>356171</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>356171</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>income from equity invest</Description>
        <BusinessCode>221000</BusinessCode>
        <TotalRevenueColumn>556541</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>556541</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>Cont. in aid of const.</Description>
        <BusinessCode>221000</BusinessCode>
        <TotalRevenueColumn>965036</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>965036</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <MiscellaneousRevenue>
        <TotalRevenueColumn>35702</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>30702</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>5000</UnrelatedBusinessRevenue>
      </MiscellaneousRevenue>
      <TotalOtherRevenue>1913450</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>140359584</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>137910072</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>242827</UnrelatedBusinessRevenue>
        <ExclusionAmount>2206685</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>25000</Total>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>0</Total>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>2009014</Total>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>12042542</Total>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>2884857</Total>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>917027</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>1134103</Total>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>635024</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>0</Total>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>0</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>0</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>0</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>0</Total>
      </Occupancy>
      <Travel>
        <Total>2149424</Total>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>95648</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>8659924</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>11418940</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>0</Total>
      </Insurance>
      <OtherExpenses>
        <Description>Taxes</Description>
        <Total>3995458</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Distribution Operation</Description>
        <Total>1992279</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Distribution Maintenance</Description>
        <Total>5746545</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Cost of power</Description>
        <Total>77057014</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Consumer accounts</Description>
        <Total>2091359</Total>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>-1384393</Total>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>131469765</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>2478649</BOY>
        <EOY>3122815</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <EOY>4000000</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>20518222</BOY>
        <EOY>18875452</EOY>
      </AccountsReceivable>
      <ReceivablesFromOfficersEtc>
        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <BOY>263333</BOY>
        <EOY>160832</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <BOY>3805569</BOY>
        <EOY>3057590</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>10822148</BOY>
        <EOY>4357050</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>382433293</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>98004932</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>275562626</BOY>
        <EOY>284428361</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <EOY>0</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>11455652</BOY>
        <EOY>12012194</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <BOY>8680010</BOY>
        <EOY>8869830</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>26241</BOY>
        <EOY>68163</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>333612450</BOY>
        <EOY>338952287</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>13957237</BOY>
        <EOY>12576827</EOY>
      </AccountsPayableAccruedExpenses>
      <MortNotesPyblSecuredInvestProp>
        <BOY>188752328</BOY>
        <EOY>183696804</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>12979365</BOY>
        <EOY>18964107</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>215688930</BOY>
        <EOY>215237738</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <RetainedEarningsEndowmentEtc>
        <BOY>117923520</BOY>
        <EOY>123714549</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>117923520</BOY>
        <EOY>123714549</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>333612450</BOY>
        <EOY>338952287</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>8889819</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-3098790</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>382433293</OtherCostOrOtherBasis>
        <Depreciation>98004932</Depreciation>
        <BookValue>284428361</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>284428361</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>Other</Description>
        <BookValue>528433</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Inv. in Assoc. Org. - Capital Term Cert.</Description>
        <BookValue>2224010</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Inv. in Assoc. Org. - Patronage Capital</Description>
        <BookValue>6117387</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <OtherLiabilities>
        <Description>other postretirement benefits - medical</Description>
        <Amount>8762349</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Other</Description>
        <Amount>218136</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Deferred credits</Description>
        <Amount>8050736</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Consumer deposits</Description>
        <Amount>1932886</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>18964107</TotalOfAmounts>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XI, Line 8</Identifier>
        <ReturnReference>Part XI, Line 8: Other Changes in Net Assets or Fund Balances</ReturnReference>
        <Explanation>Cash patronage adjustment $189820 CIAC not recognized on books as income $ -965036 Net retirement of capital credits $ -2073793 OCI adjustment $ -243421 Net change in memberships $ -6360</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="10000105" softwareVersion="2010v3.2">
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BRE Members Foundation</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO Box 112</AddressLine1>
          <City>Lenoir</City>
          <State>NC</State>
          <ZIPCode>28645</ZIPCode>
        </AddressUS>
        <EINOfRecipient>561793740</EINOfRecipient>
        <IRCSection>3</IRCSection>
        <AmountOfCashGrant>25000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>Cash Value</MethodOfValuation>
        <PurposeOfGrant>Energy Assistance</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ" softwareId="10000105" softwareVersion="2010v3.2">
      <CompensationCommittee>X</CompensationCommittee>
      <IndependentConsultant>X</IndependentConsultant>
      <Form990OfOtherOrganizations>X</Form990OfOtherOrganizations>
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>true</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>SANDRA HICKS</NamePerson>
        <BaseCompensationFilingOrg>106190</BaseCompensationFilingOrg>
        <BonusFilingOrg>9731</BonusFilingOrg>
        <DeferredCompFilingOrg>61005</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>6408</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>183334</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>MICHAEL HIGH</NamePerson>
        <BaseCompensationFilingOrg>115584</BaseCompensationFilingOrg>
        <BonusFilingOrg>11096</BonusFilingOrg>
        <DeferredCompFilingOrg>26976</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>11896</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>165552</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>LEE LAYTON</NamePerson>
        <BaseCompensationFilingOrg>215745</BaseCompensationFilingOrg>
        <BonusFilingOrg>49081</BonusFilingOrg>
        <DeferredCompFilingOrg>134672</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9428</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>408926</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>JULIE O'DELL-MICHIE</NamePerson>
        <BaseCompensationFilingOrg>149474</BaseCompensationFilingOrg>
        <BonusFilingOrg>20666</BonusFilingOrg>
        <DeferredCompFilingOrg>27799</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>6352</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>204291</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Douglas W Johnson</NamePerson>
        <BaseCompensationFilingOrg>364694</BaseCompensationFilingOrg>
        <BonusFilingOrg>219632</BonusFilingOrg>
        <DeferredCompFilingOrg>154217</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9712</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>748255</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>CLAIRE L CHASE</NamePerson>
        <BaseCompensationFilingOrg>219846</BaseCompensationFilingOrg>
        <BonusFilingOrg>60713</BonusFilingOrg>
        <DeferredCompFilingOrg>70455</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9712</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>360726</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>BRIAN CRUTCHFIELD</NamePerson>
        <BaseCompensationFilingOrg>105463</BaseCompensationFilingOrg>
        <BonusFilingOrg>7487</BonusFilingOrg>
        <DeferredCompFilingOrg>38909</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9712</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>161571</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>BRAD SHIELDS</NamePerson>
        <BaseCompensationFilingOrg>108291</BaseCompensationFilingOrg>
        <BonusFilingOrg>20113</BonusFilingOrg>
        <DeferredCompFilingOrg>28937</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9313</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>166654</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <GeneralExplanation>
        <ReturnReference>990 Part VII Section A Column F</ReturnReference>
        <Explanation>The Corporation participates in the NRECA group defined pension plan. As part of this plan, participants are required to recognize the actuarial increase in the value of their account on the form 990. The contribution rate for participants in the plan are the same for all individuals in the plan. The change in actuarial value for each participant, however, varies with age. In other words, the older a participant is, the greater the increase in that individual's change in actuarial value with all other things being equal.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>Governing documents and policies are available upon request. The annual report, bylaws and other governing documents are available on the coop's web site. In addition, financial data is presented to the members at the annual meeting and also included in the 990 which is available upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>The cooperative utilizes an independent compensation professional to review market trends and conduct an analysis of compensation including the CEO. The compensation committee of the board conducts an annual performance review of the CEO and approves the compensation package associated with this position.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>The governing board of directors along with members of management complete annual conflict of interest statements.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>The CFO and management review a draft of the 990 with the board of directors prior to filing with the IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 7a</Identifier>
        <ReturnReference>Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body</ReturnReference>
        <Explanation>The members of the Corporation elect the members of the board of directors that govern the affairs of the Corporation. The board of directors meet monthly with management in addition to other committee meetings. In addition, there is one annual membership meeting.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 6</Identifier>
        <ReturnReference>Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder</ReturnReference>
        <Explanation>The members of the Corporation elect the members of the board of directors that govern the affairs of the Corporation. Each director shall have one vote in all Board matters, and decisions shall be based on the vote of a majority of the Board members present at any meeting having a quorum of the Board.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 4</Identifier>
        <ReturnReference>Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents</ReturnReference>
        <Explanation>See attached copy of by-laws</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR" softwareId="10000105" softwareVersion="2010v3.2">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>Blue Ridge Electric Members Found Inc</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO Box 112</AddressLine1>
          <City>Lenoir</City>
          <State>NC</State>
          <ZIPCode>28645</ZIPCode>
        </AddressUS>
        <EIN>561793740</EIN>
        <PrimaryActivities>Provides assistance to needy families &amp; nonprofit com. org.</PrimaryActivities>
        <LegalDomicileState>NC</LegalDomicileState>
        <ExemptCodeSection>501 (c) 3</ExemptCodeSection>
        <PublicCharityStatus>Charity</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>Blue Ridge EMC</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>Blue Ridge Energies LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>110 NUWAY CIRCLE NE</AddressLine1>
          <City>Lenoir</City>
          <State>NC</State>
          <ZIPCode>28645</ZIPCode>
        </AddressUS>
        <EIN>562100909</EIN>
        <PrimaryActivity>Fuel Propane / Dist. Retail</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>Blue Ridge EMC</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C corp</TypeOfEntity>
        <PercentageOwnership>1.00000</PercentageOwnership>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>Ridgelink LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>1216 BLOWING ROCK BLVD</AddressLine1>
          <City>Lenoir</City>
          <State>NC</State>
          <ZIPCode>28645</ZIPCode>
        </AddressUS>
        <EIN>263648319</EIN>
        <PrimaryActivity>Telecommunication Services</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>Blue Ridge EMC</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C corp</TypeOfEntity>
        <PercentageOwnership>1.00000</PercentageOwnership>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>true</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>true</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>true</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>true</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>true</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>true</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Energies LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>p</TransactionType>
        <AmountInvolved>697837</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Energies LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>o</TransactionType>
        <AmountInvolved>726334</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Energies LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>n</TransactionType>
        <AmountInvolved>651232</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Energies LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>a</TransactionType>
        <AmountInvolved>77027</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Electric Members Found Inc</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>r</TransactionType>
        <AmountInvolved>181410</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Electric Members Found Inc</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>q</TransactionType>
        <AmountInvolved>221759</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Blue Ridge Electric Members Found Inc</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>b</TransactionType>
        <AmountInvolved>25000</AmountInvolved>
        <MethodOfAmtDetermination>Cost</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>