Suburban mayors back MLGW recommendation, still want representation
With Memphis Light, Gas & Water Division now leaning toward staying the TVA as its power supplier, suburban leaders’ focus shifts to representation on the utility’s board.
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With Memphis Light, Gas & Water Division now leaning toward staying the TVA as its power supplier, suburban leaders’ focus shifts to representation on the utility’s board.
Less than 24 hours before MLGW management makes a recommendation for the utility’s next power supplier, the TVA refuted claims that it leaned on another electricity provider during some of the hottest days of the year. Related story:
At Thursday’s meeting, MLGW management will recommend whether they think the utility should continue with TVA or go with a different power provider. Related story:
Half of Shelby County’s suburbs passed a resolution seeking a voice in decisions regarding Memphis Light, Gas and Water Division.
If MLGW opts to enter into a contract with a new electric supplier, the board will make a recommendation to the council, at which point Tabors Caramanis Rudkevich would step in. Related story:
Isn’t it time for MLGW to expand their board representation to include the entire service area instead of restricting voting membership to Memphis?
The body’s chairwoman issued a separate request for proposals — and other council members said they were oblivious to the request.
MISO CEO John Bear says savings for MLGW from switching its electric power supplier from TVA to the rival power network are at least $100 million a year, which is nearly double the estimate of the power consultant MLGW is using.
The organizations said it’s a crucial moment as MLGW’s board prepares to make a recommendation on its next electric supplier contract.
Former MLGW president and CEO: “The consultant’s presentation seemed designed to frighten and make people afraid to take the risk of leaving TVA, rather than make us aware of its benefits and rewards.”
At a meeting Tuesday, local residents in favor of a split from the Tennessee Valley Authority criticized MLGW’s bid process — and learned who submitted at least one of the power proposals.
For years, advocates have said MLGW could save hundreds of millions of dollars annually by leaving TVA and buying electricity from someone else. But savings of “huge dollars” didn’t materialize in the latest proposals from other providers.
The Thursday meeting will be the first look at some of the price quotes and other proposals to replace TVA as MLGW’s supplier of electric power. But there will probably still be some secrecy about who made what bid.
Secrecy, political “jockeying” hurts Tennessee Valley Authority’s message, critics say.
MLGW is currently requesting proposals from various providers for a possible move to a new electric power provider.
TVA CEO Jeff Lyash talked on “Behind the Headlines” about the federal agency’s offer to MLGW if the utility stays with TVA for another two decades and local power generation by the utility.
This City Council Scorecard tracks first votes on a three-term limit for the council and partisan city elections, along with a Southwind apartment complex that stirred some de-annexation resentment.
MLGW President and CEO J.T. Young says on Behind The Headlines that a preliminary report on sealed bids to replace TVA as the utility’s electric power supplier should be ready in late May or early June for review.
Should we stay or should we go? The decision still lacks a dollar figure and relies on the MLGW board agreeing to let the council’s consultant get a look at the various proposals.
The three returning and two new MLGW board members breezed through City Council approval Tuesday, as a move to hire an energy consultant was put on hold.Related story:
Longtime MLGW board members will not be reappointed by Mayor Strickland. The decision follows an investigation by the Institute for Public Service Reporting that found all five board members were serving after their terms had expired.
The March 22 council day starts with the 2 new MLGW board members and three reappointees. Some on the council also want to hire an energy consultant.
Letter questions the validity of the process being used to determine what it would take to get a new electric power supplier and build a new system for MLGW to break its 80-year relationship with TVA.
As it fights to save its Memphis power contract, the Tennessee Valley Authority is irritating critics by an alleged lack of transparency that includes withholding the salary of its West Region vice president Mark Yates.
A committee will review MLGW’s ethics policy to determine why its financial disclosure statements aren’t posted on the web — and why those statements require less information than state of Tennessee forms do.