City Council raises electric rates, looks at cutting ties with TVA

By , Daily Memphian Updated: January 22, 2020 5:24 PM CT | Published: January 21, 2020 7:47 PM CT

The rate hike marks a breakthrough for MLGW, which has had two other multi-year rate-hike proposals rejected by the Council in the past two years. The legal opinion on bonds backed by projected post-TVA savings was part of the compromise.

Topics

Memphis City Council Memphis Light Gas and Water Division Tennessee Valley Authority Jeff Warren J.T. Young

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Bill Dries

Bill Dries

Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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