Published: Thu, September 27, 2018 9:47 AM Updated: Thu, September 27, 2018 9:47 AM
ST. AUGUSTINE, Fla.–(BUSINESS WIRE)–Sep 27, 2018–The Burghal of Camden, South Carolina is the latest burghal to accept a abiding ability acquirement acceding (PPA) with NTE Energy, aggregation admiral appear today.
Beginning Jan. 1, 2021, NTE will accumulation all of Camden’s ability needs for 20 years beneath the acceding of the agreement, which was accustomed Sept. 25 by the Camden Burghal Council.
“The burghal is excited, this new adventure with NTE will accommodate our barter with connected reliable service,” said Camden Mayor Alfred Mae Drakeford. “I was thoroughly afflicted by their use of alternating activity sources. After acquirements added about NTE and the advanced accessories they run beyond the Carolinas, I attending advanced to this new relationship.”
Camden will accept ability from NTE’s agile of activity facilities, including the anew opened Kings Mountain Activity Center in Cleveland County, North Carolina; and Reidsville Activity Center – a 500-megawatt accustomed gas-fired bulb currently beneath architecture in Rockingham County, North Carolina. Each ability has the accommodation to ability 450,000 homes.
Camden Burghal Manager Mel Pearson acclaimed that abiding PPAs such as Camden’s acceding with NTE Activity can aftermath cogent bread-and-er allowances for bounded communities. “Lower electric ante not alone advice bounded families by abbreviation account costs,” Pearson said, “but additionally activation bread-and-er development, allowance to allure new businesses and accession employment.”
Public Utilities Director Tom Couch, meanwhile, said the operating ability of the NTE bearing portfolio supports a abiding affiliation amid the burghal and NTE. Seth Shortlidge, CEO of NTE Energy, agreed.
“NTE’s accessories are some of the cleanest and best able sources of activity in the Carolinas,” said Shortlidge, acquainted that the company’s combined-cycle plants aftermath up to 50 percent added activity from the aforementioned bulk of fuel. “Through this abiding agreement, the Burghal of Camden will acquire the bread-and-er allowances of affordable and reliable electricity for decades to come.”
Camden’s acceding with NTE Activity follows agnate PPAs the aggregation has active with 11 added customers, including added South Carolina municipalities such as McCormick and Greenwood. In accession to its Kings Mountain and Reidsville facilities, NTE Activity has amorphous basic architecture assignment on a third combined-cycle accustomed gas ability bulb in South Carolina. The aggregation is additionally developing the Fayetteville Solar Activity Center, a 30-megawatt ability that will accommodate an affordable antecedent of clean, renewable activity to communities and utilities in the Carolinas through NTE’s Voluntary Solar Program.
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