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.


New Chattanooga Railroad Book Will Feature 69 Chapters

A new book on Chattanooga's intriguing railroad history to be published by Chattanoogan.com will feature 69 chapters and cover rail history here and in surrounding towns. Railroads In and Around Chattanooga is due to be off the presses around the first of October. The book by Chattanoogan.com publisher John Wilson, with many photos by Chattanoogan.com photographer Wes ... (click for more)

Thursday Afternoon Fire Displaces Family Of 3

Chattanooga firefighters rushed to a house fire shortly after  1 p.m. on Thursday  at 4214 3 rd  Ave. Lt. Chris Blazek with Quint 6 said smoke was showing from the eves of the house when the first firefighters arrived. The firefighters forced their way in through the back door and found the fire in the basement, but the flames had spread into two bedrooms. ... (click for more)

The Obvious In School Test Scores - And Response (3)

I have been watching what has become an annual event in Chattanooga, which is the hand wringing and blame game associated with low test scores in our schools.  I keep waiting for someone to bring up what should be obvious unless they either don't want to talk about it or think they shouldn't because it might not be politically correct.   1) The highest school test scores ... (click for more)

Roy Exum: Her Heart Will Go On

Tonight’s a big night in Las Vegas, one of the biggest in quite a while. Celine Dion, truly one of the most magnificent singers of our time, will return to the stage of the Colosseum at Caesar’s Palace after a year’s absence and, if you dare think you can get a seat, it has been sold out for months. Of course, they say in Vegas you can buy anything, but tonight is one of the toughest ... (click for more)

Vols Feel It's Almost Football Time In Tennessee

KNOXVILLE, Tenn. – After weeks of preseason training and kickoff in Nashville now just 10 days away, the Tennessee players and coaches are just as excited as their followers for the 2015 season to begin. The sweltering heat of early August has lowered to a late-summer simmer at Haslam Field, signaling that fall is on the horizon and it is almost Football Time In Tennessee. ... (click for more)

CCS Edges Soddy Daisy, 2-1, in Soccer

 A pair of second half goals scored by freshmen Addie Henry and Kate Dirske led Chattanooga Christian to a 2-1 win against visiting Soddy Daisy Tuesday in a girls high school soccer match. The Trojans (2-1) took a 1-0 lead in the 36th minute on a free kick from 25 yards out by Kaylee Markum whose shot hit the far post and went in the goal. Annie Reynolds had given ... (click for more)