NTE Energy Begins Serving 4 New Communities in North and South Carolina

ST. AUGUSTINE, Fla. —The new year brought a new source of cleaner, more efficient power to the Carolinas, when four new communities began receiving power from NTE Energy. January 1 marked the beginning of 20-year power purchase agreements between NTE and the North Carolina communities of Concord and Kings Mountain, and the South Carolina communities of McCormick and Greenwood. In each case, the communities opted to end long-term relationships with their previous power supplier in favor of agreements with NTE that local officials say will generate significant wholesale price savings and ensure greater price certainty for years to come.

Jonathan Darabos