There are 119 article(s) tagged TVA:
The report’s complaints hinge on the authors’ interpretation that both the East and West Ponds at the Allen Plant should be subject to federal regulations rather than the state-level commissioner’s order.
The Franklin L. Haney Co. said MLGW’s bid review process was biased toward TVA and it asked that its proposal be rescored.
The board vote could end a years-long process over who will be MLGW’s next power supplier.
Though the utility has no plans to increase rates this year — or next — costs are still expected to be 9% higher than last year.
MLGW is accepting comments at PowerSupply@mlgw.org and at board meetings until the board votes.
Critics of MLGW’s recommendation to sign a long-term contract with the TVA say the 13 bids were evaluated during highly unusual circumstances.
The Federal Energy Regulatory Commission chair has called TVA’s federally defined geographic service territory “a vestige of a bygone era in the region.”
Only three bidders — NextEra Energy, the Tennessee Valley Authority and the Franklin L. Haney Company — submitted full-requirement proposals to MLGW during its RFP process for a new energy provider.
MLGW has failed its fiduciary duties to its ratepayers. The ratepayers deserves a fair RFP. City Council should vote against the TVA contract until all questions are answered, even if it takes a few years.
Several citizens publicly objected to a long-term contract between MLGW and the TVA, saying the utility shouldn’t lock itself into a deal that diminishes its negotiating power in a rapidly changing energy market.
“MLGW’s decision on its future power supply is one of the most consequential single decisions that any community has made in the history of SACE’s work throughout the Southeast region over the past three decades,” said the executive director of the Southern Alliance for Clean Energy.
Lyash cited stability, discounted base rates and flexibility for utilities to build out carbon-free generation as the biggest draws for a long-term contract, but its terms are nonnegotiable.
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.
The recommendation Thursday, Sept. 1, from MLGW CEO and President J.T. Young will likely not be the last word on the issue.
The Tennessee director of the Southern Environmental Law Center said TVA’s proposed agreement make it difficult to change energy providers, and it’s unlikely that MLGW would undergo another evaluation process similar to the current one if it signs a long-term deal. Related stories: MLGW leaders recommend staying with TVA for greatest value, least risk 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.
TVA’s long-term contract proposal offers a 3% reduction in MLGW’s current base rate but also includes a 20-year termination notice compared to the current five-year notice. The City of Memphis has responded to the recommendation. Suburban mayors back MLGW recommendation, still want representationRelated story:
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:
Another round of suburbs add their input Tuesday, Aug. 30, on the potential MLGW-TVA split.
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 garden will be located across the street from Mount Vernon Baptist Church Westwood, on land the church owns.
“Chances are good that TVA will eventually come around to reasonable conditions that benefit both themselves and the Memphis area.”