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City could save money with power contract, bond reissue
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Camden City Council will consider two items during its meeting Tuesday night that could save the city money. First, council will consider modifications to a contract it holds with Duke Energy Progress (DEP) for the wholesale power it purchases and resells to city electric customers. According to a memorandum attached to Tuesday’s proposed agenda, DEP is asking the city not to intervene in or protest its planned acquisition of a North Carolina power company.