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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.

2020 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 07/01/2022) Debt Outstanding: $141,090,000.00
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 $1,582,748
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 01/03/2022) Debt Outstanding: $635,475,000.00
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 %
$48,323,425
City Bostic
0.0869 %
$552,228
City Cherryville
1.5788 %
$10,032,879
City Cornelius
0.3621 %
$2,301,055
City Drexel
0.5070 %
$3,221,858
City Gastonia
17.1205 %
$108,796,497
City Granite Falls
0.9125 %
$5,798,709
City High Point
18.9600 %
$120,486,060
City Huntersville
0.6228 %
$3,957,738
City Landis
1.1298 %
$7,179,597
City Lexington
12.9345 %
$82,195,514
City Lincolnton
1.6078 %
$10,217,167
City Maiden
1.2891 %
$8,191,908
City Monroe
10.0377 %
$63,787,074
City Morganton
6.7352 %
$42,800,512
City Newton
2.1147 %
$13,438,390
City Pineville
0.5359 %
$3,405,511
City Shelby
5.9965 %
$38,106,258
City Statesville
9.8639 %
$62,682,619

NCMPA1 Projected Annual Debt Service

ElectriCities Reports

Year
Format
Size
Format
PDF
Size 7.58 MB
Format
PDF
Size 1.22 MB
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PDF
Size 2.64 MB
Format
PDF
Size 4.66 MB
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Size 4.97 MB
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Size 3.59 MB
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Size 10.47 MB
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PDF
Size 2.36 MB
Format
PDF
Size 6.68 MB
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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 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 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