MLGW proposes 12% rate hike by 2026
The proposed rate hike would fund $1.2 billion of power grid improvements over the next five years.
Topic: Tennessee Valley Authority
RSSThere are 108 article(s) tagged Tennessee Valley Authority:
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October 2023
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September 2023
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Memphis’ power provider needs to double — or maybe triple — energy supply
It took the Tennessee Valley Authority 90 years to build its current electric grid, but it’s going to need to move a lot quicker to keep up with its customers’ need for power.
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President Biden names Patrice Robinson to TVA board
Patrice Robinson will be the first Memphian on the board since John Ryder died last year.
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So, you’re considering solar panels …
Residential solar systems can generate cheaper energy and be a lifeline when the power goes out, but the systems also have high upfront costs and can be complicated to install.
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August 2023
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MLGW power bills expected to increase in October
The board of the Tennessee Valley Authority, which provides MLGW with electricity, approved a 4.5% rate hike Thursday. The increase will equal about $3.50 more each month for TVA’s 10 million customers across seven states.
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Power needs could hit summer record Thursday
If estimates hold true, TVA will experience the highest demand for electricity of the summer Thursday; it would also be the highest power demand during any August in more than a decade.
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MLGW eyeing solar power, battery storage to meet energy demand
The Tennessee Valley Authority’s board of directors will vote on a proposal to replace local combustion turbines with aeroderivative turbines, which are more modern, and help integrate renewable energy into the grid.
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Into the Metaverse? Construction to begin on Millington solar farm
Most of the energy generated at a planned $140 million solar farm in Millington will go to power a Meta Platforms Inc. data center more than 200 miles away.
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July 2023
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Power’s out. Better check on the water.
In the past, threats to the area’s water supply were rare. But, in recent years, local power problems have been the driving force behind water crises.
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May 2023
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TVA was ‘slow’ and unprepared during December blackouts, report says
The Tennessee Valley Authority released its own report about the rolling blackouts it was forced to mandate last December, saying once again that it “fell short” in supplying reliable power.
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March 2023
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Energy efficiency lags in Tennessee, but new report says time is ripe for investment
It’s cheaper for utilities to cut energy waste than build more power plants, according to the executive director of the Southern Alliance of Clean Energy.
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MLGW power provider bid process was flawed, consultants say
In the summer of 2022, the price of natural gas spiked. While the rest of the companies interested in MLGW’s power supply contract adjusted their prices, TVA was still using pricing prior to that time. Their bid came in lower, and everyone else’s came in higher — much higher.
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February 2023
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MLGW leaving TVA could save $49 million annually, consultant says
While there are real savings if MLGW buys power outside of TVA, according to EnerVision, it’s not a figure that will transform MLGW or the City of Memphis’ budget, but ratepayers would feel its impact.
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Federal judge dismisses lawsuit over TVA’s long-term contracts
The U.S. District Court judge suggested the plaintiffs take their grievances to Congress, not the court system.
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Familiar chimney stacks at TVA’s Allen Fossil Plant coming down Friday
The demolition of the three 400-foot-tall chimney stacks at the now-defunct Allen Fossil Plant is the final step in a four-phase plan to prepare the site for redevelopment, and repurpose the 500 acres of land it occupies in Southwest Memphis.
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December 2022
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Olive Branch copes with low gas pressure amid extreme cold
A warming shelter has opened in DeSoto County due to extreme cold, and Northcentral Electric Cooperative has canceled rolling blackouts.
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October 2022
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Rep. Cohen wants to tear down TVA ‘fence’ preventing competitive electricity market
The Federal Energy Regulatory Commission chair has called TVA’s federally defined geographic service territory “a vestige of a bygone era in the region.”
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September 2022
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Lawsuit seeks TVA salary information for its regional vice presidents
As Memphis officials review bids of competitors who might replace the Tennessee Valley Authority as the city’s sole supplier of electricity, a Freedom of Information lawsuit seeks release of salary information on TVA’s four regional vice presidents.
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City leaders to take ‘deeper dive’ into MLGW recommendation
The recommendation Thursday, Sept. 1, from MLGW CEO and President J.T. Young will likely not be the last word on the issue.
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August 2022
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Suburbs stand together, want MLGW to remain with TVA
Another round of suburbs add their input Tuesday, Aug. 30, on the potential MLGW-TVA split.
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Arlington, Collierville, Millington want a say ahead of MLGW recommendation
Half of Shelby County’s suburbs passed a resolution seeking a voice in decisions regarding Memphis Light, Gas and Water Division.
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Suburbs to consider formal support for MLGW to stay with TVA
A resolution has been drafted that will encourage Memphis Light, Gas & Water Division to remain with Tennessee Valley Authority for reliability and to avoid high infrastructure costs.
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MLGW joins statewide electric vehicle fast charging network
The utility received a great that will help it upgrade its infrastructure to be part of a network of 32 fast charging units on interstates and major highways.
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July 2022
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Tennessee lags in Southern Alliance for Clean Energy’s solar report
The Southeast had substantial growth, according to the report, but Alabama, Tennessee and Mississippi fell behind other states in the region in both installed solar capacity and watts per customer.
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June 2022
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Heat wave strains power supply, customers asked to cut back usage
Amid record-breaking power demand region-wide and triple-digit temperatures, MLGW power outages peaked around 8,400 last week.
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