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Huntersville board approves extensions to municipal power supply agreements through 2043
Summary
Following a presentation from Electric Cities, the board approved ordinances and agreements to extend project and supplemental power sales agreements with the North Carolina Municipal Power Agency No. 1 to 2043 to align with the Catawba nuclear plant license.
Representatives of Electric Cities and the town described proposed extensions to two wholesale power agreements and the board approved those extensions unanimously on March 17.
Kevin Josephate of Electric Cities explained municipal power basics and the rationale for extending both a project power sales agreement and a supplemental power…
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