There are 7 article(s) tagged MISO:
When we get into buying big stuff, like $20 billion to $25 billion worth of electricity, there are laws and rules, conventions, traditions and common sense that apply. One of these is getting competitive bids from more than one capable bidder.
The MLGW board meets Wednesday and is likely to get a recommendation from its CEO to find a firm to field price quotes and other specific options toward either staying with TVA or what life after TVA looks like.
The board heard Monday from a coalition of groups pushing for cutting ties to TVA and other electric power suppliers that could replace TVA.
Memphis is not in a weak position regarding our electricity choices, and $450M for Memphis believes that a city should never sign a $20 billion contract without at least one competitive bid that addresses all costs, terms and options.
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.
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.
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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