TVA says savings estimates off in MLGW Integrated Resource Plan

By Updated: June 23, 2020 5:43 PM CT | Published: June 23, 2020 5:38 PM CT
<strong>TVA president and CEO Jeff Lyash (shown at a meeting on Nov. 13, 2019, between TVA officials and Memphis City Council members) said that a&nbsp;draft report on Memphis Light, Gas and Water Division leaving the federal agency is off by hundreds of millions of dollars.</strong> (Daily Memphian file)

TVA president and CEO Jeff Lyash (shown at a meeting on Nov. 13, 2019, between TVA officials and Memphis City Council members) said that a draft report on Memphis Light, Gas and Water Division leaving the federal agency is off by hundreds of millions of dollars. (Daily Memphian file)

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. 

Topics

MLGW TVA contract Jeff Lyash Integrated Resource Plan Tennessee Valley Authority
Bill Dries

Bill Dries

Bill Dries covers city government and politics. He is a native Memphian and has been a reporter for more than 40 years.


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