Financials

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.

2018 Electricities Annual Report

Our annual and financial reports include an executive update, event highlights from the past year, financial information, and the audit reports for ElectriCities, NCEMPA, and NCMPA1.

Annual Report Financial Report

Raleigh Office

1427 Meadow Wood Blvd
Raleigh, NC 27604
919.760.6000

Huntersville Office

11316 Sam Furr Rd
Huntersville, NC 28078
704.948.0550

Lexington Office

28 W. Center Street
Lexington, NC 27292
336.243.2489

NCEMPA Debt Responsibility by Power Agency Participants
(as of 7/2/2019) Debt Outstanding: $268,195,000.00
Interest 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 $3,008,612
City Ayden
Percentage 1.4347 %
Responsibility $3,847,794
City Belhaven
Percentage 0.3473 %
Responsibility $931,441
City Benson
Percentage 0.6507 %
Responsibility $1,745,145
City Clayton
Percentage 1.0539 %
Responsibility $2,826,507
City Edenton
Percentage 1.5570 %
Responsibility $4,175,796
City Elizabeth City
Percentage 4.0525 %
Responsibility $10,868,602
City Farmville
Percentage 0.9836 %
Responsibility $2,637,966
City Fremont
Percentage 0.2359 %
Responsibility $632,672
City Greenville
Percentage 20.3709 %
Responsibility $54,633,735
City Hamilton
Percentage 0.0675 %
Responsibility $181,032
City Hertford
Percentage 0.3867 %
Responsibility $1,037,110
City Hobgood
Percentage 0.0730 %
Responsibility $195,782
City Hookerton
Percentage 0.1057 %
Responsibility $283,482
City Kinston
Percentage 7.6434 %
Responsibility $20,499,217
City LaGrange
Percentage 0.4261 %
Responsibility $1,142,779
City Laurinburg
Percentage 2.1984 %
Responsibility $5,895,999
City Louisburg
Percentage 0.8445 %
Responsibility $2,264,907
City Lumberton
Percentage 4.7153 %
Responsibility $12,646,199
City New Bern
Percentage 6.6370 %
Responsibility $17,800,102
City Pikeville
Percentage 0.1611 %
Responsibility $432,062
City Red Springs
Percentage 0.5500 %
Responsibility $1,475,073
City Robersonville
Percentage 0.4237 %
Responsibility $1,136,342
City Rocky Mount
Percentage 12.9031 %
Responsibility $34,605,469
City Scotland Neck
Percentage 0.5140 %
Responsibility $1,378,522
City Selma
Percentage 0.9171 %
Responsibility $2,459,616
City Smithfield
Percentage 2.2631 %
Responsibility $6,069,521
City Southport
Percentage 0.7366 %
Responsibility $1,975,524
City Tarboro
Percentage 3.6701 %
Responsibility $9,843,025
City Wake Forest
Percentage 1.1297 %
Responsibility $3,029,799
City Washington
Percentage 4.0871 %
Responsibility $10,961,398
City Wilson
Percentage 17.7385 %
Responsibility $47,573,770

NCEMPA Projected Annual Debt Service New Revenue Bonds

NCMPA1 Debt Responsibility by Power Agency Participants
(as of 7/2/2019) Debt Outstanding: $902,620,000.00
Interest 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 %
$68,637,933
City Bostic
0.0869 %
$784,377
City Cherryville
1.5788 %
$14,250,565
City Cornelius
0.3621 %
$3,268,387
City Drexel
0.5070 %
$4,576,283
City Gastonia
17.1205 %
$154,533,057
City Granite Falls
0.9125 %
$8,236,408
City High Point
18.9600 %
$171,136,752
City Huntersville
0.6228 %
$5,621,517
City Landis
1.1298 %
$10,197,801
City Lexington
12.9345 %
$116,749,384
City Lincolnton
1.6078 %
$14,512,324
City Maiden
1.2891 %
$11,635,674
City Monroe
10.0377 %
$90,602,288
City Morganton
6.7352 %
$60,793,262
City Newton
2.1147 %
$19,087,705
City Pineville
0.5359 %
$4,837,141
City Shelby
5.9965 %
$54,125,608
City Statesville
9.8639 %
$89,033,534

NCMPA1 Projected Annual Debt Service

ElectriCities Reports

Year
Format
Size
Format
PDF
Size 5.65 MB
Format
PDF
Size 2.88 MB
Format
PDF
Size 4.97 MB
Format
PDF
Size 3.33 MB
Format
PDF
Size 7.74 MB
Format
PDF
Size 12.30 MB
Format
PDF
Size 3.81 MB
Format
PDF
Size 1.80 MB
Format
PDF
Size 3.57 MB
Format
PDF
Size 1.41 MB
Format
PDF
Size 3.23 MB
Format
PDF
Size 3.59 MB
Format
PDF
Size 10.47 MB
Format
PDF
Size 2.36 MB
Format
PDF
Size 6.68 MB
Format
PDF
Size 1.66 MB
Format
PDF
Size 2.07 MB
Format
PDF
Size 1.78 MB

NCEMPA Reports

Year
Format
Size
Format
PDF
Size 124.29 KB
Format
PDF
Size 2.54 MB
Format
PDF
Size 123.77 KB
Format
PDF
Size 119.42 KB
Format
PDF
Size 164.16 KB
Format
PDF
Size 1.95 MB
Format
PDF
Size 170.29 KB
Format
PDF
Size 114.76 KB
Format
PDF
Size 110.87 KB
Format
PDF
Size 2.41 MB
Format
PDF
Size 186.11 KB
Format
PDF
Size 177.34 KB
Format
PDF
Size 113.94 KB
Format
PDF
Size 7.53 MB
Format
PDF
Size 117.88 KB
Format
PDF
Size 149.38 KB
Format
PDF
Size 237.75 KB
Format
PDF
Size 2.04 MB
Format
PDF
Size 166.50 KB
Format
PDF
Size 143.88 KB
Format
PDF
Size 140.82 KB
Format
PDF
Size 3.30 MB
Format
PDF
Size 137.35 KB
Format
PDF
Size 137.58 KB
Format
PDF
Size 253.93 KB
Format
PDF
Size 2.33 MB
Format
PDF
Size 241.57 KB
Format
PDF
Size 237.14 KB
Format
PDF
Size 236.74 KB
Format
PDF
Size 1.42 MB
Format
PDF
Size 227.06 KB
Format
PDF
Size 216.62 KB
Format
PDF
Size 214.91 KB
Format
PDF
Size 2.66 MB

NCMPA1 Reports

Year
Format
Size
Format
PDF
Size 130.01 KB
Format
PDF
Size 1.82 MB
Format
PDF
Size 129.46 KB
Format
PDF
Size 155.57 KB
Format
PDF
Size 169.95 KB
Format
PDF
Size 2.69 MB
Format
PDF
Size 148.29 KB
Format
PDF
Size 140.72 KB
Format
PDF
Size 145.10 KB
Format
PDF
Size 1.83 MB
Format
PDF
Size 214.65 KB
Format
PDF
Size 144.37 KB
Format
PDF
Size 141.65 KB
Format
PDF
Size 7.28 MB
Format
PDF
Size 145.73 KB
Format
PDF
Size 143.69 KB
Format
PDF
Size 206.05 KB
Format
PDF
Size 1.06 MB
Format
PDF
Size 137.07 KB
Format
PDF
Size 136.65 KB
Format
PDF
Size 133.60 KB
Format
PDF
Size 3.87 MB
Format
PDF
Size 131.57 KB
Format
PDF
Size 136.68 KB
Format
PDF
Size 253.25 KB
Format
PDF
Size 2.34 MB
Format
PDF
Size 244.02 KB
Format
PDF
Size 251.11 KB
Format
PDF
Size 237.85 KB
Format
PDF
Size 1.53 MB
Format
PDF
Size 226.96 KB
Format
PDF
Size 223.64 KB
Format
PDF
Size 224.96 KB
Format
PDF
Size 1.76 MB