EPB Officials Say Bitterly Cold Temperatures Hard On Customers, But Should Help Revive Utility's Finances

Friday, January 24, 2014

EPB officials said Friday that the recent bitterly cold temperatures will be hard on customers, but should help revive the utility's "really disastrous financial start" to the fiscal year due to extremely mild temperatures.

Greg Eaves, chief financial officer, said EPB had an operational gain of $4.4 million last month.

He said it wound up with a $3.5 million profit on the electric side.

Mr. Eaves set EPB had gotten $12 million behind on its budget, and still may wind up about $2 million off the target.

Harold DePriest, president, noted, "For a lot of our customers, it is going to be a struggle" to pay the much-higher bills coming after months of cusomers getting a break.

But officials said EPB customers as a whole pay their bills at a much better rate than other utilities.

Mr. DePriest said, "We really strive to treat our customers with dignity and respect. We really work with our customers."

Joe Ferguson, board chairman, said, "We go the last mile before cutting them off, especially in weather like this."

Officials said the fiber optic business is still helping prop up the electric side. It had $8.2 million in revenue last month with a profit of $1.2 million.

Mr. Eaves said it has supplied $10 million to the electric side in the first six months of the fiscal year.  


Perdue Sees Dangerous Fiscal Trend Continue

Senator David Perdue (R-GA), a member of the Senate Budget Committee, released the following statement in response to the Congressional Budget Office’s (CBO) update to The Budget and Economic Outlook: 2016 to 2026. “Reading these CBO economic outlook reports remind me of the movie  Groundhog Day . Each new report paints the same alarming picture for our fiscal future, ... (click for more)

Supreme Court Upholds Denial Of Pretrial Diversion Applications

The Tennessee Supreme Court has upheld the denial of pretrial diversion in two cases, which were consolidated for oral argument. In these appeals, the Supreme Court reiterated the process district attorneys general, trial courts, and appellate courts must follow when reviewing a prosecutor’s denial of pretrial diversion.  In one appeal, Susan Gail Stephens was indicted for ... (click for more)

State Board In Nashville Approves New Erlanger Behavioral Health Hospital

Members of the board of the Tennessee Health Services and Development Agency in Nashville on Wednesday unanimously approved a new $25 million Behavioral Health Hospital planned by Erlanger Health Systems on Holzclaw Avenue.   Parkridge Valley Hospital and CADAS had opposed the issuance of Certificate of Need.  The 88-bed facility will provide "acute adult inpatient ... (click for more)

Pinkston Says Offer Was Made To Dismiss Lawsuit Against Him If Prosecution Of Detective Burns Was Dropped; Judge Greenholtz "Greatly Bothered" By Any Such Offer

District Attorney Neal Pinkston said at a hearing Tuesday that an offer was made to drop a lawsuit filed against him by Gatlinburg detective Rodney Burns if he would dismiss two perjury counts against Burns. The district attorney said he should not be disqualified from continuing to prosecute the case or else attorneys would begin suing him or the judge to get a new DA or trial ... (click for more)

Downtown Needs Cleaned Up

My son and I parked on Broad Street and walked to the Billiard Club on Cherry Street this past weekend. It's probably a total of two blocks. In that short walk we passed where Rone Regency used to be on 6th Street and in that doorway was about a years worth of human feces and urine covering the doors and walls. The concrete sidewalk on the street is all broken up and the metal ... (click for more)

Roy Exum: Ooltewah & The Bullies

During the week of Christmas I got an email from a longtime friend at the Knoxville News-Sentinel that laughingly wondered what kind of basketball do you people play (in Chattanooga?) It included sketchy details of the rape, and subsequent surgery, of an Ooltewah High School basketball player who had been assaulted by his own teammates at a Gatlinburg holiday tournament. Today ... (click for more)