EPB Passes 50,000 Customer Mark For Fiber Optics Offering; Set To Pass Comcast

Friday, August 23, 2013

EPB officials said Friday they have passed the 50,000 customer mark for their fiber optics offering and are slated to pass Comcast in local customers sometime next year.

Harold DePriest, EPB president, said its highly successful EPB fiber optics venture is adding about 200 residential customers a week.

The initial business plan set a 28,000-customer break-even point and a "topping out" of 43,000 customers, he said.

He said the service, using the system's highly-touted fiber optic grid, has performed so well that it is providing enough annual income to cover the entire $19 million debt payment for the electric side of the business.

That saves electric customers from having to pay more on their monthly bills, Joe Ferguson, board chairman, said.

Mr. DePriest said Comcast had some 122,000 customers on the EPB grid when EPB launched its rival program. He said Comcast is down to around 75,000 and will likely drop to around 60,000 next year.

He said 70,000 customers "is very doable" for EPB Fi TV.

Mr. DePriest said other utilities in other cities want to emulate EPB's success and are coming here to learn how to do it. The staff had a recent visit from the utility at Opelika, Ala.

He said EPB has formed partnerships with Opelika, Jackson, Tn., and others in helping their TV efforts.

Mr. DePriest said EPB staff is helping provide certain services for those fledgling efforts and that is yielding additional income for EPB. The utility will make $1.2 million over three years under one contract, he said.

He stated, "Our folks have been through it. We can help them avoid mistakes."

EPB Fi TV, which has a new push to get more business customers, had $7.6 million in net sales last month.

Mr. DePriest said EPB is also drawing international attention for its succeses. He said it recently hosted a group of 17 utility personnel from Brazil.

He said, "They chose to visit us, Washington, D.C., the Kansas City offices of Google and Silicon Valley. We are in some pretty good company."

  

.


Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: ALLEN, EDWARD HOMELESS CHATTANOOGA, 37410 52 Chattanooga PUBLIC INTOXICATION BEENE, JENNIFER LENA 4717 ELDRIDGE ROAD HIXSON, 37343 30 Chattanooga DRIVING UNDER THE INFLUENCE DRIVING ON ROADWAYS LANED FOR TRAFFIC, VIOLATION LIGHT LAW VIOLATION RESISTING ARREST OR OBSTRUCTION OF LEGAL ... (click for more)

Corker Gives Statement On White House Veto Threat Against Iran Nuclear Agreement Review Act Of 2015

Senator Bob Corker made the following statement regarding the White House’s  threat  of a presidential veto against his bipartisan bill requiring congressional review of any comprehensive nuclear agreement with Iran. "It is disappointing that the president feels he is the only one who speaks for the citizens of our country," said Senator Corker. "Congress put these ... (click for more)

Net Neutrality: The Beginning Of The End Or Just A New Beginning?

“The Internet is simply too important to be left without rules and without a referee on the field,” says Tom Wheeler, chairman of the Federal Communications Commission, “Today’s order is more powerful and more expansive than any previously suggested.”  The FCC’s vote for so-called Net Neutrality purports to allow the agency to regulate the Internet as a public utility.  ... (click for more)

Roy Exum: My Garden On March 1

As I try to do at the beginning of each month, I stroll through my garden to see the good and the bad. This morning there is still a solid covering of snow but, as usual, there is still a lot to see. March is historically known for “coming in like a lion and leaving like a lamb” so let’s see who gets what: A LAMB to the fact 90-year-old Floyd Hartwig of Easton, Calif., and his ... (click for more)

Regoin 3-AA Boys Final At Chattanooga State Monday

The fifth meeting between the Brainerd Panthers and the Central Purple Pounders will be held at Chattanooga State on Monday night with the tipoff set for 7 p.m. This upcoming game will be the biggest to date as it's for the Region 3-AA boys championship. Monday's winner will be at home on Tuesday for a sectional game while the loser will be on the road Tuesday night.  Brainerd ... (click for more)

Brainerd, Central Boys Advance To Region 3-AA Hoop Finals

LOUDON, Tenn. -- Brainerd won both regular-season matchups while Central won at the Best of Preps third-place consolation game before capturing the District 6-AA title last week at Red Bank. The season tally is now two wins each against each other and now they are ready for Round 5 following the Region 3-AA semifinals here at Loudon High School Saturday afternoon. Brainerd ... (click for more)