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.
2021 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 2021.
Raleigh Office
Huntersville Office
Lexington Office
NCEMPA Debt Responsibility by Power Agency Participants (as of 07/02/2023) Debt Outstanding: $95,830,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable July 1 each year.
City
Percentage
Responsibility
City
Apex
Percentage
1.1218 %
Responsibility
$1,075,021
City
Ayden
Percentage
1.4347 %
Responsibility
$1,374,873
City
Belhaven
Percentage
0.3473 %
Responsibility
$332,818
City
Benson
Percentage
0.6507 %
Responsibility
$623,566
City
Clayton
Percentage
1.0539 %
Responsibility
$1,009,952
City
Edenton
Percentage
1.5570 %
Responsibility
$1,492,073
City
Elizabeth City
Percentage
4.0525 %
Responsibility
$3,883,511
City
Farmville
Percentage
0.9836 %
Responsibility
$942,584
City
Fremont
Percentage
0.2359 %
Responsibility
$226,063
City
Greenville
Percentage
20.3709 %
Responsibility
$19,521,433
City
Hamilton
Percentage
0.0675 %
Responsibility
$64,685
City
Hertford
Percentage
0.3867 %
Responsibility
$370,575
City
Hobgood
Percentage
0.0730 %
Responsibility
$69,956
City
Hookerton
Percentage
0.1057 %
Responsibility
$101,292
City
Kinston
Percentage
7.6434 %
Responsibility
$7,324,670
City
LaGrange
Percentage
0.4261 %
Responsibility
$408,332
City
Laurinburg
Percentage
2.1984 %
Responsibility
$2,106,727
City
Louisburg
Percentage
0.8445 %
Responsibility
$809,284
City
Lumberton
Percentage
4.7153 %
Responsibility
$4,518,672
City
New Bern
Percentage
6.6370 %
Responsibility
$6,360,237
City
Pikeville
Percentage
0.1611 %
Responsibility
$154,382
City
Red Springs
Percentage
0.5500 %
Responsibility
$527,065
City
Robersonville
Percentage
0.4237 %
Responsibility
$406,032
City
Rocky Mount
Percentage
12.9031 %
Responsibility
$12,365,041
City
Scotland Neck
Percentage
0.5140 %
Responsibility
$492,566
City
Selma
Percentage
0.9171 %
Responsibility
$878,857
City
Smithfield
Percentage
2.2631 %
Responsibility
$2,168,729
City
Southport
Percentage
0.7366 %
Responsibility
$705,884
City
Tarboro
Percentage
3.6701 %
Responsibility
$3,517,057
City
Wake Forest
Percentage
1.1297 %
Responsibility
$1,082,592
City
Washington
Percentage
4.0871 %
Responsibility
$3,916,668
City
Wilson
Percentage
17.7385 %
Responsibility
$16,998,805
NCEMPA Projected Annual Debt Service New Revenue Bonds
NCMPA1 Debt Responsibility by Power Agency Participants(as of 01/01/2023) Debt Outstanding: $587,855,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable January 1 each year.
City
City
Albemarle
7.6043 %
$44,702,258
City
Bostic
0.0869 %
$510,846
City
Cherryville
1.5788 %
$9,281,055
City
Cornelius
0.3621 %
$2,128,623
City
Drexel
0.5070 %
$2,980,425
City
Gastonia
17.1205 %
$100,643,715
City
Granite Falls
0.9125 %
$5,364,177
City
High Point
18.9600 %
$111,457,308
City
Huntersville
0.6228 %
$3,661,161
City
Landis
1.1298 %
$6,641,586
City
Lexington
12.9345 %
$76,036,105
City
Lincolnton
1.6078 %
$9,451,533
City
Maiden
1.2891 %
$7,578,039
City
Monroe
10.0377 %
$59,007,121
City
Morganton
6.7352 %
$39,593,210
City
Newton
2.1147 %
$12,431,370
City
Pineville
0.5359 %
$3,150,315
City
Shelby
5.9965 %
$35,250,725
City
Statesville
9.8639 %
$57,985,429
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size