There are 520 article(s) tagged MLGW:
Memphis City Council members will try again Tuesday to make a final decision on Memphis Light, Gas and Water Division's rate hikes in an atmosphere that has come to also include questions about the future of the utility’s 80-year relationship with the Tennessee Valley Authority.
Memphis city council members again delayed approval of Memphis Light, Gas and Water rate increases Tuesday, instead urging the utility to make its case to the public for an infrastructure overhaul before the council tries again later this month.
Memphis City Council members are expected to vote Tuesday on a set of gas, electric and water rate hikes that would raise the average residential utility bill 10.5 percent over a five-year period with no rate hike until January 2020.
Memphis Light Gas and Water Division president and CEO J.T. Young said the utility will move ahead with a more detailed “integrated resources plan,” following Friday's presentation of the results of a study conducted by GDS Associates Inc.
The MLGW board gets its first look at a report on possibly buying electricity from someone other than TVA at a special meeting Friday.
The city council approves $50 million in financing for a Union Row garage with Bird Box analogies during the debate. The council also heard a new plan Tuesday for an MLGW multi-year rate hike that would delay the increase for this calendar year.
After rejecting an MLGW rate hike proposal in December, Memphis City Council members review three alternative options Tuesday toward infrastructure upgrades for the gas, electric and water sectors of the utility.
The CEO of Nuclear Development LLC said Memphis is at a crossroads for a potential shift away from TVA as the city's electrical power supplier with recent rate hikes proposed by MLGW. The coming city council decision on the rate hikes could intersect with the push by Nuclear Development.
Retiring TVA president Bill Johnson told a Memphis group Tuesday that the federal power provider is the best value for MLGW, its largest customer, beyond the electricity the utility buys from TVA.
Memphis City Council members back the general plan for sports betting on Beale Street, but they want to see what kind of split of revenue is proposed when it comes down to a specific bill in Nashville.
The first Memphis City Council meeting of the new year could see a second look and some revisions to proposed rate hikes from MLGW the council rejected at year's end.