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.

 


Woman Facing Charges For Leaving 4 Kids In Hot Car In Downtown Chattanooga

A woman is facing charges of leaving four young children in a hot car in downtown Chattanooga. Tiara Monique Jenkins, 22, is facing four counts of child abuse and neglect. Two of the children are 1 year old, and two are 4 years old. A man told police he saw the children in a black Toyota Camry in the 600 block of Cherry Street with the windows rolled up and the keys in the ... (click for more)

Grand Jury No Bills And True Bills

Here are the latest no bills and true bills from the Hamilton County Grand Jury: No True Bills POOLE, DEONDRIA NICOLE B 27 F 0 1 GS 1535630 DRIVING ON REVOKED, SUSPENDED OR CANCELLED LICENSE POOLE, DEONDRIA NICOLE B 27 F 0 2 GS 1535629 DRIVING UNDER THE INFLUENCE True Bills BARTLETT, JAMES MICHAEL W 52 M 292245 1 1 GS 1542229 CRIMINAL TRESPASSING BEAMON, ... (click for more)

The Truth- From Weston’s Sister

I try not to read the negative articles and opinions about my older brother. Growing up around politics, I learned a long time ago that thick skin is not only necessary, it’s paramount. But this time, the lies and the rumors and the inaccurate information has gone too far. It’s too ridiculous for me to ignore. So let’s clear a few things up: Weston and I do not “come ... (click for more)

Roy Exum: Oscar Brock’s True Passion

I don’t pay much attention to the Hamilton County School Board. Once the moon and the stars aligned behind Superintendent Rick Smith, you hear very little, if anything, from the nine-member council that oversees an annual budget of almost $400 million and employs 4,480 people. So chew this for a minute: approximately 2,000 of those people are not teachers. Yes, there are 78 principals ... (click for more)

Vols Open 2018 Season Against West Virginia In Charlotte

KNOXVILLE, Tenn.   – The Charlotte Sports Foundation announced Tuesday that the Tennessee Volunteers will open the 2018 season on September 1 against the West Virginia Mountaineers at Bank of America Stadium in Charlotte, North Carolina, home of the NFL's Carolina Panthers. All information related to kickoff date, time and tickets will be announced at ... (click for more)

Ooltewah's Williams Signs With Northwest Missouri

Ooltewah’s Mike Williams, one of District 5-AAA’s most respected wide receiver threats in 2013, has signed a football scholarship with Northwest Missouri State, the defending NCAA Division II national champion. Williams chose the Bearcats, members of the Mid-America Intercollegiate Athletics Conference, over Carson-Newman, in Jefferson City, Tenn., and Paine College, in Augusta ... (click for more)