Memphis Light Gas & Water Rejects 20-Year TVA Power Contract

MLGW

By Local Memphis News:

The Memphis Light Gas & Water (MLGW) board decided to reject the long-term agreement with power supplier TVA. “The deal – if approved – would have included a 3.1% base rate decrease, but a TVA spokesperson said since the deal was rejected, the company is committed to holding rates steady for the next decade, following the past four years of no rate increases.

‘We are just so excited that we broke through on this issue,’ Protect Our Aquifer Executive Director Sarah Houston added. ‘We have been adamant for months that TVA’s never-ending contract is a bad deal for Memphis.’ “

Continue Reading…

Two 230kV Power Delivery Substations in NC Damaged by Gunfire

NC-Substations

By MarketWatch:

A criminal act is being investigated by the local authorities and the FBI that caused major substation damage to its power transformers and other equipment. This criminal act occurred sometime on Saturday night, Dec 3, 2022, in Moore County, NC.

The repairs could take weeks while several customers will remain without power. Crews will be working around the clock in order to replace the damaged equipment and to restore the power outages.

“Andrew Wilkins, a conservation advocate who grew up in Moore County, was driving Saturday night from Washington to his parents’ small farm in Whispering Pines when he noticed all the street lights were out in the county seat of Carthage. He arrived to a ‘pitch black street’ and little information about the cause or scope of the blackout. ‘When the power was cut, the flow of information was cut too.’ ”

Continue Reading…