Your community-owned electric utility powers local business.
You already know North Carolina is a great place for business.
But, did you know that the more than 70 North Carolina public power communities—those cities and towns that own their electric systems—offer businesses even more?
Public power utilities are locally owned, locally operated, and locally controlled. That local control means:
- Public power communities have more resources and agility when negotiating with prospective businesses.
- Businesses get unmatched customer service.
- Public power utilities provide jobs in your community that support your local economy. On average, every dollar of a public power employee’s paycheck circulates through the local economy nearly five times.
What’s more, municipally owned utilities consistently outperform other providers when it comes to reliability.
- North Carolina public power communities experience 40% fewer outages than communities powered by other providers.
- When power does go out, North Carolina public power communities get their power back on three times faster.
- That reliability means money in your community—over $75 million in economic value.1
No wonder industry leaders like Thermo Fisher Scientific, Lidl, Elkay Manufacturing, Hodges International, Quest Diagnostics, and 84 Lumber have recently chosen to locate or expand in a North Carolina public power community.
1. According to a study by Berkeley Lab, Energy Analysis and Environmental Impacts Division.
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