Behind the Headlines: MLGW President and CEO J.T. Young
Listen as J.T. Young discusses the Integrated Resource Plan, a process to help MLGW find the most cost-effective, eco-friendly and reliable energy source.
Topic: J.T. Young
RSSThere are 27 article(s) tagged J.T. Young:
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May 2020
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Stay or Leave TVA: Critical first draft report expected to say it’s more complicated
The first draft report, which MLGW will release by Friday, likely won't outline a simple unplugging from TVA and plugging in somewhere else. MLGW's president and CEO said in a "Behind the Headlines" interview it's a risky move without the utility generating some of its own power. And two Entergy executives nearby back him on that assertion.
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MLGW general counsel sees problems with mayor taking MISO proposal
Cheryl Patterson says the utility board makes the first decision on whether MLGW stays or leaves TVA.
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MLGW bonds move forward as TVA debate simmers
The council moved $354 million in bonds closer to a summer issuance. But the bonds took a back seat to more maneuvering in the question of whether MLGW should continue its 80-year relationship with TVA. And in the process, it looks like one rival to TVA may have been ruled out.
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February 2020
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Young: TVA/MLGW question likely biggest in utility’s history
In his first "State of MLGW" address, President and CEO J.T. Young said power outages are up and are lasting longer as the utility begins its $1 billion five-year infrastructure overhaul.
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MLGW in talks to remove payment kiosks from payday lenders
Memphis Light, Gas and Water President J.T. Young says the utility is exploring ending its contract with a payment kiosk company that includes payment stations at 30 ACE Cash Express outlets.
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January 2020
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City Council raises electric rates, looks at cutting ties with TVA
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.
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Modified MLGW rate hike proposal faces uphill battle with city council
The original electric rate hike proposal voted down by the City Council last month was replaced Jan. 8 with a Memphis Light, Gas and Water Division proposal that is two cents lower on the average monthly residential bill.
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MLGW makes new electric rate hike proposal
Memphis Light, Gas and Water Division is proposing a new electric rate hike that would be less steep than an earlier proposal in the first of three years, but about the same overall. Meanwhile, some city council members want to pair the rate hike decision with whether MLGW cuts its ties with the Tennessee Valley Authority.
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December 2019
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Young: MLGW will review options, even if TVA offers deal
The president and CEO of MLGW outlines the Integrated Resources Plan that will play a large part in any recommendation from MLGW and what would happen if TVA tried to make a deal with the utility.
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November 2019
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MLGW’s Young talks ‘end game’ in utility’s coming decision on TVA
MLGW brass, TVA leaders and Memphis City Council members met Wednesday at City Hall for the latest discussion in a decision the utility and the city are expected to make in 2020.
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Third attempt at multi-year MLGW rate hikes prompts questions
City council members got their first look at not only the MLGW budget that includes rate hikes but the efficiency study that is being used to leaven the impact of the rate hikes. The council reviews all of it again in two weeks and could also vote at the Nov. 19 council session.
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Young takes mixture of MLGW rate hikes, infrastructure plan to City Hall
The plan goes to a tough audience of City Council members Tuesday for a first look. The council has twice in the past two years rejected such rate hike requests from MLGW after debating the right balance between rate hikes in a poor city and the need to update the utility's infrastructure for one of the city's most basic services.
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Politics Podcast: MLGW rate hike proposal and a cost-cutting plan
Memphis Light Gas and Water Division president CEO J.T. Young talks about the report recommending a cut in more than 300 employees, other savings and the rate hike proposal he is about to take to City Hall.
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July 2019
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Germantown residents seek MLGW promises on power problems
Some Germantown residents are weary of frequent power outages and want Memphis Light, Gas and Water Division to address the issue. But during a meeting Tuesday night, MLGW officials could not promise when power issues might be resolved.
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May 2019
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Review of MLGW-TVA relationship could mean ‘variety of changes’
A member of the advisory group to MLGW on such a plan says on "Behind the Headlines" the complex undertaking could hold several changes beyond who supplies wholesale electric power to the local utility.
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Lyash pitches staying with TVA, drops name of rival power supplier to citizens group
Jeff Lyash spoke Thursday at the second meeting of an advisory group to Memphis Light, Gas and Water Division on the question of ending or changing the utility's 80-year relationship with the Tennessee Valley Authority.
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April 2019
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Task force on TVA-MLGW relationship gets down to business of power Tuesday
A 20-member advisory group on the idea of Memphis Light, Gas and Water Division changing its relationship with the Tennessee Valley Authority meets Tuesday for the first time.
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MLGW names 20-member Power Supply Advisory Team
A new 20-member citizens panel named by Memphis Light, Gas and Water Division Tuesday is the next step in a detailed examination of changing the utility's 80-year relationship with the Tennessee Valley Authority. MLGW president J.T. Young says the process will keep moving until there is a recommendation.
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Council discusses strategy on possible changes in TVA relationship
The Memphis City Council also delayed votes once again Tuesday on the first reading of the Memphis 3.0 plan and an agreement between the city and Graceland on Graceland expansion plans.
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February 2019
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MLGW to talk with other electric providers as it weighs long-term future with TVA
MLGW president and CEO J.T. Young says the utility will talk with some alternate electric providers as it weighs a long-range examination of ending or altering its 80-year relationship with TVA.
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MLGW water rates go up 3 percent, gas and electric hikes rejected
The plan for multiyear MLGW gas, electric and water rate hikes was rejected Tuesday by the Memphis City Council. It's the second year the council has gone instead for smaller one-year rate hikes – this time a 3 percent hike in water rates starting next month.
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Council delays action on MLGW rate hikes as utility takes case to the public
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.
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MLGW to take closer look at alternative electricity providers
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.
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January 2019
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Council greenlights Union Row garage financing, hears new MLGW rate hike plan
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.
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