EPB Gets Bond Rating Upgrade

Friday, October 19, 2012

EPB officials on Friday announced an upgrade by Standard & Poors in the utility’s 2008 Series A Bond rating to ‘AA+’ with a stable outlook.

 “The upgrade from Standard & Poors reflects the company’s consistent financial and operational performance,” said Greg Eaves, EPB’s Chief Financial Officer, “In only its third year of operation, the EPB Fiber Optics business is even stronger than we anticipated, and the Smart Grid is already delivering benefits.

”Several positive factors have emerged since the most recent S&P bond rating of ‘AA’.  With nearly 45,000 homes and businesses connected, the EPB Fiber Optics business continues to build market share and is providing the electric system significant financial benefit. Additionally, the EPB Fiber Optics business has secured private financing for the remainder of its startup debt and is now covering all costs from telephone, video and Internet revenue. Nearing completion, the Smart Grid is already providing value to the company in outage notification and restoration, asset management, and voltage optimization."


Detective Lankford Receives Optimist Club's "Respect For Law" Award

The Scenic Chattanooga Optimist Club honored Hamilton County Sheriff’s Office, Detective Robin Langford at the club’s “Respect for Law Award” luncheon held May 17.  Detective Langford was nominated and chosen because of his outstanding forensic investigative skills, where he takes the lead role in crime scene investigations and forensic analysis.   The club’s ... (click for more)

Local Business Leaders Complete Public School Projects, Graduate From Leadership Chattanooga

Thirty-nine of the city’s emerging leaders capped off 10 months of skill-building, leadership education and community project implementation today at the Chattanooga Area Chamber of Commerce’s annual Community Leadership Luncheon. Chattanooga Mayor Andy Berke delivered the keynote address at the event, which took place at the Chattanooga Convention Center between 11:30 a.m. and ... (click for more)

Woman Found Dead On Lovell Road; Police Looking For Terry Releford

A woman was found dead on Sunday morning at 8912 Lovell Road, and police are seeking a "person of interest" in the case. Deputies responded to that location at approximately 8 a.m. on a suspicious death. On arrival "deputies found a dead female in her 30s deceased from an apparent homicide." A person of interest has been identified as Terry Releford, 34. He ... (click for more)

Flooding Closes Some School Systems; Delays Others

Flooding has brought the closing of some area school systems and a delay in starting others. Dayton City Schools , Rhea County Schools and Bledsoe County Schools are closed. Walker County Schools are on a two-hour delay for students and staff (click for more)

Location Of The Delta Queen Is The Problem

The Delta Queen is a magnificent part of history and in many ways I'm pleased she is in town. Having the boat where she is is the problem. The boat blocks the view of and from the prettiest park in our town. The crew take many of the parking spots around the park leaving families to park across Frazier and schlep their kids, strollers and picnics to the park. You don't get fireworks ... (click for more)

Roy Exum: 50 Facts About Our Bodies

Maybe 20 years ago I became entranced by a book called “Fearfully and Wonderfully Made.” It was co-authored by a surgeon, Paul Brand, and a Christian writer, Phillip Yancey, and gave one specific after another about the human body and how only God could have created such a miraculous machine. Today the book is a classic and I have marveled ever since over how unbelievable human ... (click for more)