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
Bill Dries

Bill Dries

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


Comment On This Story

Become a subscriber to join the discussion.
Section Emails

Sign up to get the latest articles from the Metro section.

Manage Your Email Subscriptions