There are 18 article(s) tagged Jeff Lyash:

• August 2024

  • Electric bills are going up as TVA raises rates

    Energy costs continued to climb for Memphians last week when the Tennessee Valley Authority’s board of directors voted to raise electric rates.

    By Samuel Hardiman August 27, 2024

• November 2022

  • TVA CEO Lyash remains federal government’s highest-paid employee

    Lyash is the highest-paid federal employee in the country, but an independent consultant said the pay for TVA’s CEO was still 18% below the average of 42 comparable investor-owned utilities.

    By Dave Flessner November 23, 2022

• September 2022

  • TVA CEO Jeff Lyash says 20-year contract term with MLGW is nonnegotiable

    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. 

    By Keely Brewer September 07, 2022

• July 2022

  • TVA seeks up to 5,000 megawatts of carbon-free energy

    Critics say the request for proposals — a process that could end in TVA awarding one, multiple or zero contracts — is a noncommittal effort to expand carbon-free energy. 

    By Keely Brewer July 13, 2022

• April 2022

  • TVA’s CEO says MLGW decision is about ‘risk’

    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. 

    By Bill Dries April 30, 2022

• January 2022

  • House committee questions TVA power rates

    A nine-page letter from Capitol Hill questions a central tenet of TVA’s pitch for Memphis Light, Gas and Water Division to remain the federal agency’s largest customer for electric power.

    By Bill Dries January 15, 2022

• August 2020

  • TVA board chair says Lyash stays as board announces 2.5% reduction in cost

    President Donald Trump called earlier this month for changes at the top of TVA including Lyash. But after Thursday's board meeting in Knoxville, new board chairman John Ryder of Memphis said there are no plans to oust Lyash. 

    By Bill Dries August 28, 2020

• July 2020

  • TVA counteroffer to keep MLGW includes buying transmission system

    The offer by CEO Jeff Lyash at a Tuesday City Council presentation includes investments and money over a 20-year period. Meanwhile, there was more reaction from other parts of the issue on a final version of the Integrated Resource Plan on the matter commissioned by MLGW.

    By Bill Dries July 07, 2020

• June 2020

  • TVA says savings estimates off in MLGW Integrated Resource Plan

    The federal agency’s formal response to the draft report released last month says Memphis Light, Gas and Water Division could lose $260 million a year if it drops TVA to go with another electric power supplier. 

    By Bill Dries June 23, 2020

  • IBEW officer: TVA is the right choice for Memphis

    There has been a lot of speculation on projected savings if MLGW changes energy suppliers by individuals with personal interests. But there are facts that cannot be challenged.

    By Brent Hall June 20, 2020

• May 2020

  • Tough past negotiations position city well as TVA question reaches critical point

    The city’s nearly century-old relationship between Memphis Light, Gas and Water Division and the Tennessee Valley Authority reaches a critical point with some options, thanks to hard past negotiations. 

    By Bill Dries May 28, 2020

  • Behind the Headlines: TVA President and CEO Jeff Lyash

    MLGW's 80-year partnership with the Tennessee Valley Authority is up for renewal. TVA president and CEO Jeff Lyash talks with Eric Barnes and Bill Dries about the benefits of continuing this contract.

    By Eric Barnes May 26, 2020

  • $450M for Memphis founder: We need to compare TVA vs. MISO power costs

    To date, four independent studies – including one also financed by MLGW – have come to the same conclusion that if Memphis would leave TVA and join MISO, the city could save up to $450 million a year.

    By Karl Schledwitz May 26, 2020

  • Lyash touts renewables, savings if MLGW stays with TVA

    The president and CEO of the Tennessee Valley Authority, during an appearance on "Behind The Headlines," also panned a set of four studies touting much broader savings if MLGW cuts ties to the federal agency. Lyash is pushing a 20-year renewal contract with a 3% signing bonus and TVA aid in helping MLGW generate its own solar power.

    By Bill Dries May 22, 2020

• November 2019

  • 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. 

    By Bill Dries November 13, 2019

• October 2019

  • TVA leaders outline plan for old Allen Fossil plant site

    The 60-year-old Allen Fossil plant is scheduled for demolition in 2022, Tennessee Valley Authority President and CEO Jeff Lyash said Tuesday as leaders got a look at possible future uses for the 500-acre site.

    By Bill Dries October 09, 2019

• May 2019

  • 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.

    By Bill Dries May 17, 2019

• April 2019

  • TVA’s Lyash says MLGW decision on future relationship should take long view

    TVA CEO and president Jeff Lyash said during a Memphis visit on his third day on the job that the power industry will see as much change in the next 20 years as it did in the last half-century.

    By Bill Dries April 10, 2019