Our finance division manages, controls, and reports all of the financial activities of ElectriCities and the power agencies.
The treasury section is responsible for investment transactions, bond refinancings, new money bond issues, trustee and banking contacts, investor relations, and financial community relationships for the power agencies. The accounting section reviews, records, and reports all financial transactions and activities for the power agencies and ElectriCities.
2023 Electricities Annual Report
Our annual report includes a message from our Board Chairman and CEO, and highlights success stories from ElectriCities of North Carolina members in areas which our organization focused efforts in 2023.
Raleigh Office
Huntersville Office
Lexington Office
NCMPA1 Debt Responsibility by Power Agency Participants(as of 01/1/2026) Debt Outstanding: $409,740,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable January 1 each year.
City
Percentage
Responsibility
City
Albemarle
Percentage
7.6043 %
Responsibility
$31,157,859
City
Bostic
Percentage
0.0869 %
Responsibility
$356,064
City
Cherryville
Percentage
1.5788 %
Responsibility
$6,468,975
City
Cornelius
Percentage
0.3621 %
Responsibility
$1,483,669
City
Drexel
Percentage
0.5070 %
Responsibility
$2,077,382
City
Gastonia
Percentage
17.1205 %
Responsibility
$70,149,537
City
Granite Falls
Percentage
0.9125 %
Responsibility
$3,738,878
City
High Point
Percentage
18.9600 %
Responsibility
$77,686,704
City
Huntersville
Percentage
0.6228 %
Responsibility
$2,551,861
City
Landis
Percentage
1.1298 %
Responsibility
$4,629,243
City
Lexington
Percentage
12.9345 %
Responsibility
$52,997,820
City
Lincolnton
Percentage
1.6078 %
Responsibility
$6,587,800
City
Maiden
Percentage
1.2891 %
Responsibility
$5,281,958
City
Monroe
Percentage
10.0377 %
Responsibility
$41,128,472
City
Morganton
Percentage
6.7352 %
Responsibility
$27,596,808
City
Newton
Percentage
2.1147 %
Responsibility
$8,664,772
City
Pineville
Percentage
0.5359 %
Responsibility
$2,195,797
City
Shelby
Percentage
5.9965 %
Responsibility
$24,570,059
City
Statesville
Percentage
9.8639 %
Responsibility
$40,416,344
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size