There are 86 article(s) tagged Memphis Light Gas and Water Division:
Developer Franklin Haney’s plan to buy the Bellefonte Nuclear Plant and sell the electric power it generated to Memphis Light, Gas and Water Division started the ongoing exploration of MLGW possibly leaving the Tennessee Valley Authority.
Memphis Light, Gas and Water Division has issued the second of three RFPs — requests for proposal — in its process of determining whether to stay with the Tennessee Valley Authority or leave it for another electric power wholesaler.
Memphis Light, Gas and Water Division began the process Monday, July 12, of soliciting proposals for possibly cutting ties to the Tennessee Valley Authority, its electric power provider for the past 80 years.
MLGW President and CEO J.T. Young on “Behind The Headlines” says the new contract with a consultant involves Memphis Mayor Jim Strickland as a mediator between the utility board and the council.
Memphis Light, Gas and Water’s Gift of Comfort program helped 86 families with their bills in March.
But members stop short of reviving the consultant’s contract for the next step in the review process and sending it back to the City Council. The council’s rejection of the contract last year stalled the process.
MLGW resumed disconnecting customers for overdue bills this week. But there are so many, the utility has had to phase the cutoffs in, giving customers more time to work out payment plans over the next year.
When the city’s water system became a crisis last week, Memphis Light, Gas and Water Division was several months underway with a five-year $142.4 million overhaul of water system infrastructure.
A proposed change in the utility’s debt policy could allow it to build a power generating plant, which would be key if MLGW cuts its ties to TVA, and pay for the plant with the savings to come from it.
The city has been paying Memphis Light, Gas and Water Division about $2 million a year for the past three fiscal years without a corresponding payment from MLGW in the form of a PILOT.
The new paint scheme on a water tower in Lakeland isn’t exactly in keeping with the color the suburb has chosen in its branding.
The Memphis City Council agenda Tuesday also includes a new violent crime task force, a ban on bottled water at all city facilities post pandemic and the election of a new chairman for 2021.
Environmental advocates including Protect Our Aquifer have sued TVA, saying new agreements for power distributors weren't properly reviewed for environmental impacts before they were put in place in 2019.
Attorneys for the utility board warned against a joint meeting with City Council members the day after the council rejected a contract to move ahead with a look at replacing TVA as MLGW’s electric power supplier.
GDS Associates, a Georgia company whose report in February 2019 kicked off MLGW’s examination of cutting ties to the Tennessee Valley Authority, is recommended for the $520,000 contract.
MLGW branch offices remain closed to the public, but have drive-thru service to pay bills. But the drive-thru service doesn’t include working out a payment plan.
MLGW declared a moratorium on utility cutoffs in mid-March as the worldwide pandemic was declared. This month, when the moratorium was lifted, the utility received an overwhelming number of calls to work out payment plans and avoid cutoffs.
The announcement came Tuesday as Memphis City Council members called for a better accounting of the various funds that help those behind on utility bills.
Thousands of people began to contact MLGW Friday and Monday to work out payment plans, overwhelming the utility's phone bank and creating long lines outside branch offices.
President Trump's shake-up of the Tennessee Valley Authority board appears to have nothing to do with the coming decision by Memphis Light, Gas and Water Division on whether to stay with or leave the federal agency.
Memphis Light, Gas and Water Division won't be cutting off utilities for those late on their bills. Customers now have until Aug. 24 to pay their bills or work out a payment plan with MLGW.
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.
The latest edition of our tracking of Memphis City Council votes includes May council moves on an ordinance that would require masks for face covering to be worn in public and some larger issues that showed up in votes on Memphis Light, Gas and Water Division bond issue votes.
The city council's attorney has been bond counsel on 17 of the 18 Memphis Light, Gas and Water Division bond issues over the past 28 years. The relationship is being brought up again as the utility's relationship with TVA is being examined.
Those who will make a recommendation on whether the Memphis utility supplier should cut ties with the TVA want a scenario on switching to Midcontinent Independent System Operator included in the research.