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 07/01/2022) Debt Outstanding: $141,090,000.00Interest 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
$1,582,748
City
Ayden
Percentage
1.4347 %
Responsibility
$2,024,218
City
Belhaven
Percentage
0.3473 %
Responsibility
$490,006
City
Benson
Percentage
0.6507 %
Responsibility
$918,073
City
Clayton
Percentage
1.0539 %
Responsibility
$1,486,948
City
Edenton
Percentage
1.5570 %
Responsibility
$2,196,771
City
Elizabeth City
Percentage
4.0525 %
Responsibility
$5,717,672
City
Farmville
Percentage
0.9836 %
Responsibility
$1,387,761
City
Fremont
Percentage
0.2359 %
Responsibility
$332,831
City
Greenville
Percentage
20.3709 %
Responsibility
$28,741,303
City
Hamilton
Percentage
0.0675 %
Responsibility
$95,236
City
Hertford
Percentage
0.3867 %
Responsibility
$545,595
City
Hobgood
Percentage
0.0730 %
Responsibility
$102,996
City
Hookerton
Percentage
0.1057 %
Responsibility
$149,132
City
Kinston
Percentage
7.6434 %
Responsibility
$10,784,073
City
LaGrange
Percentage
0.4261 %
Responsibility
$601,184
City
Laurinburg
Percentage
2.1984 %
Responsibility
$3,101,723
City
Louisburg
Percentage
0.8445 %
Responsibility
$1,191,505
City
Lumberton
Percentage
4.7153 %
Responsibility
$6,652,817
City
New Bern
Percentage
6.6370 %
Responsibility
$9,364,143
City
Pikeville
Percentage
0.1611 %
Responsibility
$227,296
City
Red Springs
Percentage
0.5500 %
Responsibility
$775,995
City
Robersonville
Percentage
0.4237 %
Responsibility
$597,798
City
Rocky Mount
Percentage
12.9031 %
Responsibility
$18,204,984
City
Scotland Neck
Percentage
0.5140 %
Responsibility
$725,995
City
Selma
Percentage
0.9171 %
Responsibility
$1,293,936
City
Smithfield
Percentage
2.2631 %
Responsibility
$3,193,008
City
Southport
Percentage
0.7366 %
Responsibility
$1,039,269
City
Tarboro
Percentage
3.6701 %
Responsibility
$5,178,144
City
Wake Forest
Percentage
1.1297 %
Responsibility
$1,593,894
City
Washington
Percentage
4.0871 %
Responsibility
$5,766,489
City
Wilson
Percentage
17.7385 %
Responsibility
$25,027,250
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