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 01/1/2025) Debt Outstanding: $470,845,000.00Interest 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
$35,804,466
City
Bostic
Percentage
0.0869 %
Responsibility
$409,164
City
Cherryville
Percentage
1.5788 %
Responsibility
$7,433,701
City
Cornelius
Percentage
0.3621 %
Responsibility
$1,704,930
City
Drexel
Percentage
0.5070 %
Responsibility
$2,387,184
City
Gastonia
Percentage
17.1205 %
Responsibility
$80,611,018
City
Granite Falls
Percentage
0.9125 %
Responsibility
$4,296,461
City
High Point
Percentage
18.9600 %
Responsibility
$89,272,212
City
Huntersville
Percentage
0.6228 %
Responsibility
$2,932,423
City
Landis
Percentage
1.1298 %
Responsibility
$5,319,607
City
Lexington
Percentage
12.9345 %
Responsibility
$60,901,447
City
Lincolnton
Percentage
1.6078 %
Responsibility
$7,570,246
City
Maiden
Percentage
1.2891 %
Responsibility
$6,069,663
City
Monroe
Percentage
10.0377 %
Responsibility
$47,262,009
City
Morganton
Percentage
6.7352 %
Responsibility
$31,712,352
City
Newton
Percentage
2.1147 %
Responsibility
$9,956,959
City
Pineville
Percentage
0.5359 %
Responsibility
$2,523,258
City
Shelby
Percentage
5.9965 %
Responsibility
$28,243,220
City
Statesville
Percentage
9.8639 %
Responsibility
$46,443,680
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size