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.

 


Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: ARMSTRONG, JAMES ANTHONY  2701 TYNER RD CHATTANOOGA, 37363  Age at Arrest: 43 years old Arresting Agency: Chattanooga VIOLATION OF PROBATION(DRIVING ON REVOKED) VIOLATION OF PROBATION(DUI) --- AUSTIN, ASHLEY MESHELLE  2301 EAST 18TH STREET CHATTANOOGA, 37404  Age at Arrest: 24 years ... (click for more)

Police Stop Vehicles On Ringgold Road At The State Line For Driver's License Check

Officers manning some 20 assorted Georgia police cars staged a 100 percent stop for driver's license checks on Monday night in East Ridge. The location was on Ringgold Road at the Georgia state line. (click for more)

Proud To Be A Conservative Conservationist

I was born and raised in Chattanooga and was brought up to be a Tennessee conservative. That means that my family conserved our spending, our resources, and yes, even our environment.  I think we were inspired to do so because Tennessee is one of the most beautiful places in the entire United States. We have stunning mountains, wild rivers and quiet backcountry. And many of ... (click for more)

Roy Exum: Why I Adore America

If Heather Cross weren’t married and didn’t have such a fine-looking family I’d swear I might propose. The dazzling lady just wrote a “By Gumbo! letter” to all the major news outlets in the world to inform them that half of the Pelican State is still submerged by “a 1,000-year flood” and where the heck are they with their cameras? She knows it is vital for the rest of America to ... (click for more)

Potent Baylor Continues Unbeaten Volleyball Onslaught

Another one bites the dust. Baylor’s Lady Red Raiders knocked off visiting East Hamilton, 3-0, on Monday and extended their season-opening winning streak to 15 consecutive matches. Coach Sarah Lail’s squad blistered the Lady Hurricanes by set scores of 25-10, 25-8, 25-14. “It’s definitely a great feeling,” Lail said of the impressive winning streak. “The girls have ... (click for more)

Vols' Jones: Good Game Habits Start In Practice

KNOXVILLE, Tenn. –  Ninth-ranked Tennessee's season opener against Appalachian State is just three days away. Coach and assistant coaches Mike DeBord, Bob Shoop, Larry Scott and Steve Stripling provided a Mon day   update. The coaches shared how the team has prepared this week for its first true game action since the Outback Bowl in January. Butch ... (click for more)