Mild Weather Playing Havoc With EPB Power Budget

Friday, September 20, 2013

Chattanooga's mild summer is playing havoc with the power budget at EPB.

Revenue on the power side for the fiscal year to date is $103 million, but that is over $14 million below budget.

Executive Vice President and CFO Greg Eaves said, "We aren't panicking yet, but we may start diverting some capital projects."

Harold DePriest, EPB president, noted that the utility depends on air conditioners churning in the hot summer and the heat turned up in the winter.

Joe Ferguson, board chairman, said a frosty winter may help bring the budget back in line. He said the Farmer's Almanac is predicting an especially cold winter. But Mr. DePriest said he is not placing too much faith in that prognostication.

Mr. Ferguson asked Mr. DePriest, "What are you going to do about the weather?"

Mr. DePriest replied, "That's above my pay grade. It's board related."

Mr. Eaves said the burgeoning fiber optics side of the EPB business is helping take up some of the slack. It has contributed $1.7 million thus far in the fiscal year.

David Wade said the EPB for the first time has been gaining revenue from PBX hosting.  He said EPB now is able to function as "a virtual phone switch." He said in some cases the EPB team has been able to install a phone switch system for a local company in a single day.

He also said that EPB is now able to offer to large power users the ability to monitor their power usage in real time. He said they can use the tracking system to help manage their power usage.

 


Bradley County Detectives Solve Numerous Auto Burglaries With 1 Arrest

Detectives with the Bradley County Sheriff’s Office have charged Ashley Ray Carlton, Jr., 25, with burglaries of five vehicles, all from the neighborhood where he lives, on Old Chattanooga Pike. The owners of those vehicles filed reports last week stating losses consisting primarily of a GPS, phone chargers, wallets, credit cards and guns occurred sometime during Thursday night ... (click for more)

Garage Destroyed By Fire In Harrison Area Monday Morning

Fire destroyed a garage in the Harrison area Monday morning. An off-duty Hamilton County Sheriff’s officer called dispatch a t  8:45 a.m. ,  reporting a garage fire at 6435 Hunter Road.  The Highway 58 Volunteer Fire Department responded and reported heavy fire pouring out from the back of the extended garage and through the roof. Firefighters worked ... (click for more)

The City Failed To Watch The Chattanooga History Museum Dollars - And Response (2)

The tell tale signs of the History Museum's folly have been evident for years. When I was a former member of City Council I interviewed Dr. Daryl Black, Ph.D. to determine if I should argue for or against the annual funding of his organization. His interview, the multi-year history of administrative non-performance (despite consistent repetitive funding), and a review of the organizational ... (click for more)

Roy Exum: Greenholtz: A No-Brainer

I am going to make this as simple as I possibly can. There are three fine lawyers now running for Criminal Court Judge and anywhere you go there will be people who like and admire Tom Greenholtz, Boyd Patterson and Mike Little. But when we select a judge, it should never be based on popularity. That’s why Gov. Haslam picked Greenholtz over both Little and Patterson this summer to ... (click for more)

Red Bank Beats Pigeon Forge For A-AA State Duals Title

FRANKLIN, Tenn. – The Red Bank Lions finally reached the mountain top as far as high school wrestling is concerned. The Lions had finished second to Bradley in the State Duals back in 1995 and it had been 16 years since the Lions had been involved, but they put an exclamation point on a strong dual-meet season by winning the Class A-AA title here at Williamson County Agricultural ... (click for more)

Bradley Whips Soddy Daisy For AAA State Duals Title

FRANKLIN, Tenn. – The Bradley Bears have won more state duals titles than anyone and they added another one after going four years without being in the championship round. It’s been a remarkable season for the Bears, who beat region-rival Soddy Daisy by a 52-21 margin for their latest state title. Saturday night’s   match was never really close as the Bears had a ... (click for more)