EPB, Large Power Users Not Faring Well Under TVA Demand Charge

Friday, May 16, 2014

EPB officials said power distributors and high-volume industrial users are not faring well under a TVA switch to a power demand charge.

When TVA put in the charge, it was said to be designed to reduce peak power demand and find alternatives to building more expensive power plants. It was also said to be revenue neutral for TVA.

However, EPB board members were told Friday that under the change for the current fiscal year TVA has benefited by about $7 million that would ordinarily be in the EPB budget.

It was also noted that EPB has been hit by a cycle of expensive storms. 

Harold DePriest, EPB president, said EPB is ending the budget year with just about a $1 million gain overall. He said were it not for all the profit the TV, phone and Internet side has brought, "We would be $20 million in the hole right now."  

He said other distributors without all the fiber optic income are in worse shape.

Mr. DePriest said the distributors are making an appeal to TVA over the issue, and he said TVA officials are aware of the problem. But he said it takes time for any such changes to be effected. 

He said the demand charge is also increasing costs for high-volume power users like Signal Mountain Cement.

Greg Eaves, chief financial officer, said FEMA will provide some reimbursement for a recent storm. But he said such payments usually take at least a year.

EPB expects a check in the mail "any day" from FEMA in connection with the 2011 tornadoes.

The EPB board was also told that no rate increase is projected for the upcoming budget year.


Former Police Detective Nabbed In TBI Theft, Misconduct Investigation

Special agents from the Tennessee Bureau of Investigation have obtained indictments for a former police department investigator accused of theft and misconduct while on duty. After receiving information from the Morristown Police Department, 3 rd  District Attorney General Dan Armstrong requested TBI special agents investigate Michael Nelson Hurt on Feb. 2. During the ... (click for more)

David Jolley, Jr. Arrested In Bradley County On Burglary Charges

Bradley County patrol deputies and detectives have arrested a suspect who has been linked to two home burglaries and damage to a third. Residents of Grays Ferry Road in rural northern Bradley County discovered forced entry to their homes when they returned on Wednesday. Crime scene investigators developed a solid lead on a possible suspect, who lives less than a mile away. ... (click for more)

Police Need To Stop The Road Cowboys - And Response (2)

Where is our highway patrol?  If they were known to regularly patrol our interstate highways through our city I don't think it would take long before the "truckers" were aware of it.  There are places in our country where this is the case.   When I have traveled Interstates 24 and 75 I may see the occasional car pulled over but rarely if ever is it an 18-wheeler. ... (click for more)

Roy Exum: Never Disturb The Dead

I’ve got too many things in my life that scare me so I’ve always been real leery of “unnecessary fear.” A guy named Terry wanted to teach me how to catch a live rattlesnake one time but had a tough time telling me what exactly to do with the angry serpent when the time came to let it go. I have the same view of these paranormal societies where otherwise sane people go around looking ... (click for more)

Jeff Parker Uses Running As Great Source Of Quiet Time

A lot of people run for the social aspect while others run because they’re competitive and just want to see how fast they can cover the distance, especially in a race. Jeff Parker doesn’t fit into either category. He’s been running for more than 30 years and he’s quick to say that he enjoys it more now than ever, but his sole purpose is for time alone when he can meditate ... (click for more)

Chattanooga FC Playing For Division Championship Saturday

The Chattanooga Football Club final home game will be played this Saturday.    With a 4-2 win over the Knoxville Force, Chattanooga controls its own destiny for a 1st place division finish when it faces off against that Nashville FC this Saturday, July 4 at Finley Stadium.  A win secures the division championship for the CFC with a home-field advantage for the ... (click for more)