City of Newton Council Meeting Agenda Packet May 2026
Newton Plans Long-Term Power Agreements With NCMPA1
Trusted by teams at
Description
Newton staff recommended entering into an Amended and Restated Project Power Sales Agreement and Supplemental Power Sales Agreement with North Carolina Municipal Power Agency Number 1. The updated agreements would secure wholesale electric power for the City through December 5, 2043, aligned with the Catawba Nuclear Station license.
Contract Details
Vendor
NORTH CAROLINA MUNICIPAL POWER AGENCY NUMBER 1
Agency
City of Newton, NC
Contract Type
UTILITIES
Document Date
May 5, 2026
Contract Term
Amended Project Power Sales Agreement: Jan. 1, 2033 – Dec. 5, 2043 (or earlier if final Catawba unit retires); Amended Supplemental Power Sales Agreement: May 1, 2028 – Dec. 5, 2043
Renewal Date
2043-12-05
Renewal Info
These restated agreements extend and align the Project and Supplemental Power Sales Agreements through December 5, 2043, or until the final Catawba unit is retired; further extensions would require new agreements.
More from NORTH CAROLINA MUNICIPAL POWER AGENCY NUMBER 1
Related Contracts
City of Monroe AgendaPacket 2026-05-12
APPROVEDShelby City Council Regular Meeting Minutes April 20, 2026
APPROVEDShelby City Council Regular Meeting Minutes April 20, 2026
APPROVEDTown of Huntersville Town Board Meeting Agenda March 2026
AMENDEDTown of Huntersville Board Meeting Minutes March 17, 2026
APPROVEDMore from City of Newton
City of Newton Council Meeting Agenda Packet May 2026
City of Newton Council Meeting Agenda Packet May 2026
City of Newton Council Meeting Agenda Packet May 2026
Newton City Council Meeting Minutes May 2026
City of Newton Council Meeting Agenda April 14, 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.