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FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION NOS. 333-41412, 333-47374
PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED OCTOBER 4, 2000
TNPC, INC.
TNPC, Inc. announced on October 19, 2000 that it had reached an agreement
with PECO Energy Company to supply "competitive default service" for up to
299,000 of PECO's electricity customers who have not selected a competitive
energy services provider.
PECO provides electric delivery service in southeastern Pennsylvania, and is
one of TNPC's initial target markets. Pursuant to requirements in PECO's 1998
settlement of its electric restructuring case, PECO issued a request for
proposal for a third party to supply competitive default service to 20% of its
residential customers for a three-year term beginning January 1, 2001. PECO
selected TNPC's subsidiary, The New Power Company, in this process, and the two
parties reached a definitive agreement on October 18, 2000.
Under the agreement, The New Power Company has committed to provide
electricity at a discount to PECO's current rates for residential customers who
participate in this program. The customers will be selected on a random basis.
The agreement is subject to regulatory approval by the Pennsylvania Public
Utility Commission.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS OCTOBER 20, 2000.
