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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.

2019 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

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 07/06/2020) Debt Outstanding: $227,095,000.00
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 $2,547,552
City Ayden
Percentage 1.4347 %
Responsibility $3,258,132
City Belhaven
Percentage 0.3473 %
Responsibility $788,701
City Benson
Percentage 0.6507 %
Responsibility $1,477,707
City Clayton
Percentage 1.0539 %
Responsibility $2,393,354
City Edenton
Percentage 1.5570 %
Responsibility $3,535,869
City Elizabeth City
Percentage 4.0525 %
Responsibility $9,203,025
City Farmville
Percentage 0.9836 %
Responsibility $2,233,706
City Fremont
Percentage 0.2359 %
Responsibility $535,717
City Greenville
Percentage 20.3709 %
Responsibility $46,261,295
City Hamilton
Percentage 0.0675 %
Responsibility $153,289
City Hertford
Percentage 0.3867 %
Responsibility $878,176
City Hobgood
Percentage 0.0730 %
Responsibility $165,779
City Hookerton
Percentage 0.1057 %
Responsibility $240,039
City Kinston
Percentage 7.6434 %
Responsibility $17,357,779
City LaGrange
Percentage 0.4261 %
Responsibility $967,652
City Laurinburg
Percentage 2.1984 %
Responsibility $4,992,456
City Louisburg
Percentage 0.8445 %
Responsibility $1,917,817
City Lumberton
Percentage 4.7153 %
Responsibility $10,708,211
City New Bern
Percentage 6.6370 %
Responsibility $15,072,295
City Pikeville
Percentage 0.1611 %
Responsibility $365,850
City Red Springs
Percentage 0.5500 %
Responsibility $1,249,023
City Robersonville
Percentage 0.4237 %
Responsibility $962,202
City Rocky Mount
Percentage 12.9031 %
Responsibility $29,302,295
City Scotland Neck
Percentage 0.5140 %
Responsibility $1,167,268
City Selma
Percentage 0.9171 %
Responsibility $2,082,688
City Smithfield
Percentage 2.2631 %
Responsibility $5,139,387
City Southport
Percentage 0.7366 %
Responsibility $1,672,782
City Tarboro
Percentage 3.6701 %
Responsibility $8,334,614
City Wake Forest
Percentage 1.1297 %
Responsibility $2,565,492
City Washington
Percentage 4.0871 %
Responsibility $9,281,600
City Wilson
Percentage 17.7385 %
Responsibility $40,283,247

NCEMPA Projected Annual Debt Service New Revenue Bonds

NCMPA1 Debt Responsibility by Power Agency Participants
(as of 01/02/2020) Debt Outstanding: $763,360,000.00
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 %
$58,048,184
City Bostic
0.0869 %
$663,360
City Cherryville
1.5788 %
$12,051,928
City Cornelius
0.3621 %
$2,764,127
City Drexel
0.5070 %
$3,870,235
City Gastonia
17.1205 %
$130,691,049
City Granite Falls
0.9125 %
$6,965,660
City High Point
18.9600 %
$144,733,056
City Huntersville
0.6228 %
$4,754,206
City Landis
1.1298 %
$8,624,441
City Lexington
12.9345 %
$98,736,799
City Lincolnton
1.6078 %
$12,273,302
City Maiden
1.2891 %
$9,840,474
City Monroe
10.0377 %
$76,623,787
City Morganton
6.7352 %
$51,413,823
City Newton
2.1147 %
$16,142,774
City Pineville
0.5359 %
$4,090,846
City Shelby
5.9965 %
$45,774,882
City Statesville
9.8639 %
$75,297,067

NCMPA1 Projected Annual Debt Service

ElectriCities Reports

Year
Format
Size
Format
PDF
Size 4.57 MB
Format
PDF
Size 1.15 MB
Format
PDF
Size 5.65 MB
Format
PDF
Size 2.88 MB
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PDF
Size 4.97 MB
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Size 3.33 MB
Format
PDF
Size 7.74 MB
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Size 12.30 MB
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PDF
Size 3.81 MB
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Size 1.80 MB
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PDF
Size 3.57 MB
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PDF
Size 1.41 MB
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Size 3.23 MB
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Size 3.59 MB
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PDF
Size 10.47 MB
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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 1.40 MB
Format
PDF
Size 125.81 KB
Format
PDF
Size 124.67 KB
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 149.02 KB
Format
PDF
Size 146.41 KB
Format
PDF
Size 932.88 KB
Format
PDF
Size 145.44 KB
Format
PDF
Size 132.72 KB
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