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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.

2022 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 2022.

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 07/02/2023) Debt Outstanding: $95,830,000.00
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 $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 01/02/2024) Debt Outstanding: $538,370,000.00
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 %
$40,939,270
City Bostic
0.0869 %
$467,844
City Cherryville
1.5788 %
$8,499,786
City Cornelius
0.3621 %
$1,949,438
City Drexel
0.5070 %
$2,729,536
City Gastonia
17.1205 %
$92,171,636
City Granite Falls
0.9125 %
$4,912,626
City High Point
18.9600 %
$102,074,952
City Huntersville
0.6228 %
$3,352,968
City Landis
1.1298 %
$6,082,504
City Lexington
12.9345 %
$69,635,468
City Lincolnton
1.6078 %
$8,655,913
City Maiden
1.2891 %
$6,940,128
City Monroe
10.0377 %
$54,039,965
City Morganton
6.7352 %
$36,260,296
City Newton
2.1147 %
$11,384,910
City Pineville
0.5359 %
$2,885,125
City Shelby
5.9965 %
$32,283,357
City Statesville
9.8639 %
$53,104,278

NCMPA1 Projected Annual Debt Service

ElectriCities Reports

Year
Format
Size
Format
PDF
Size 16.24 MB
Format
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Size 702.87 KB
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Size 7.58 MB
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Size 10.47 MB
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Size 2.36 MB
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Size 6.68 MB
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PDF
Size 1.66 MB
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PDF
Size 2.07 MB
Format
PDF
Size 1.78 MB

NCEMPA Reports

Year
Format
Size
Format
PDF
Size 542.84 KB
Format
PDF
Size 3.85 MB
Format
PDF
Size 1.30 MB
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 235.15 KB
Format
PDF
Size 153.44 KB
Format
PDF
Size 704.15 KB
Format
PDF
Size 144.00 KB
Format
PDF
Size 149.60 KB
Format
PDF
Size 167.62 KB
Format
PDF
Size 4.83 MB
Format
PDF
Size 150.85 KB
Format
PDF
Size 150.53 KB
Format
PDF
Size 140.62 KB
Format
PDF
Size 2.17 MB
Format
PDF
Size 148.88 KB
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