Alexander Says TVA’s Rate Cut “A Lesson For California”

Thursday, August 27, 2020
Senator Lamar Alexander said Thursday that the Tennessee Valley Authority’s decision to provide a two and one half percent “Pandemic Relief Credit” to wholesale customers, in effect lowering electric rates by two and one half percent, “is a lesson for California and its poor energy policy decisions.”  He said Californians are suffering electricity blackouts as electricity prices skyrocket, while TVA cuts rates and provides 99.9 percent reliability.   
 
“There’s a lesson here,” the senator said.
“California has closed its zero emission nuclear plants, closed low emission gas plants and relied on windmills and imported power from coal plants. TVA has led the nation in new nuclear plants, built new gas plants and limited the use of trendy, unreliable power. It has put strict pollution controls on its coal plants. The result is a rate cut for rates that already are among the lowest in the nation, 99.9 percent reliability, cleaner air, less debt and a brighter future for ten million residents of the Tennessee Valley.”  
 
Senator Alexander cited a New York Times Aug. 18 report that as many as 3.3 million Californians could be without electricity for up to four days as California utilities resorted to rolling blackouts in response to electricity demand caused by a heat wave. The report said wholesale prices were surging to as much as $3,800 per megawatt hour, roughly 100 times the typical cost of transmitting power over a designated stretch of transmission line.
 
“California’s troubles are the direct result of its own poor policy choices,” Senator Alexander said. “One reason for the blackouts was the wind didn’t blow, so windmills didn’t work. Renewable energy is 36 percent of California’s electric generation, and Democrats have set a mandate for 60 percent in 2030 and 100 percent for 2045. At the same time, the state is shutting down its nuclear plants which are 99.9 percent reliable and emission free. The irony of this obsession with wind and solar power is California has to import power from neighboring states with fossil fuel coal plants to try to deal with the blackouts.
 
“On the other hand, TVA has built two new reactors, and when nuclear is combined with hydropower, 50 percent of TVA power is emission free. Twenty-six percent is low emission gas. Three percent is wind and solar. This combination of energy sources has made the valley’s air cleaner and made TVA one of the cleaner utilities in terms of carbon emissions. Most importantly, it fulfills TVA’s mission by federal law: provide large amounts of reliable electricity at a low cost.”
 
The senator said that, according to TVA, before the new rate cut, TVA rates for industrial users were in the lowest ten percent of states and rates for residential users were in the lowest 25 percent of states.

New Hamilton County Business Licenses

New Car Wash Planned At East Main And Holtzclaw

Chattanooga Chamber Calendar Of Events June 14-18


Here are the new business licenses from the County Clerk's office: 22VISIONZ TERRAN J GILBERT 1006 SHALLOWFORD RD CHATTANOOGA TN 37411 AAA DESIGNS ABIGALE CHOI 7821 LAURELTON DR CHATTANOOGA ... (click for more)

A new car wash is planned at the corner of E. Main Street and Holtzclaw Avenue. Jeffery Nation owns the 1.9-acre site. A request before the Planning Commission is for a setback deviation ... (click for more)

June 14, ONLINE: New-trepreneur Bookkeeping noon-1 p.m. New to being an entrepreneur? This information-packed class covers 10 of the most common bookkeeping mistakes and practical, efficient ... (click for more)



Business

New Hamilton County Business Licenses

Here are the new business licenses from the County Clerk's office: 22VISIONZ TERRAN J GILBERT 1006 SHALLOWFORD RD CHATTANOOGA TN 37411 AAA DESIGNS ABIGALE CHOI 7821 LAURELTON DR CHATTANOOGA TN 37421 ACCESS CONTROL SYSTEMS, LLC DAVID BRIXEY 2617 GRISSOM DR NASHVILLE TN 37204 ARIEL CURRY EDITORIAL ARIEL K CURRY 7725 ROYAL HARBOUR CIR OOLTEWAH TN 37363 ART BY ... (click for more)

New Car Wash Planned At East Main And Holtzclaw

A new car wash is planned at the corner of E. Main Street and Holtzclaw Avenue. Jeffery Nation owns the 1.9-acre site. A request before the Planning Commission is for a setback deviation to allow for the required space for cars to exit the car wash. Berry Engineers is handling the project. (click for more)

Breaking News

Internet Has Been Installed At No Charge In More Than A Third Of County School Students Through EdConnect Program

Less than a year since its launch, HCS EdConnect, Powered by EPB, has installed Internet at no charge in the homes of more than a third of all Hamilton County Schools students, "marking an unprecedented leap in closing the digital divide," officials said. Before the program’s launch, officials estimated that up to one-third of Hamilton County Schools students did not have Internet ... (click for more)

34-Year-Old Man Killed In Shooting Early Saturday Morning Outside The Mapco On Brainerd Road

Billy Burson, 34, was shot and killed early Saturday morning outside the Mapco on Brainerd Road. Chattanooga Police were dispatched to a hold-up alarm at 4711 Brainerd Road at approximately 12:30 a.m. Officers located Burson suffering from multiple gunshot wounds and secured the scene. Hamilton County EMS responded and pronounced Burson deceased on the scene. Investigators ... (click for more)

Opinion

In The Twilight Zone At The School Board

I have a friend who used to say, “I have been to two World’s Fairs and a hog calling contest and I have never seen the beat.” That is exactly the feeling I had after last month’s four-hour marathon School Board meeting. I have been attending school board meetings for the last 20 years and I have never seen another one quite like it. This meeting had it all. For the first time ... (click for more)

Roy Exum: 'Survivor' Speaks Here

It’s one thing to tell a loudmouth in Texas he’s “all hat and no cattle.” And it’s altogether another to ask some fellow in an Abilene beer hall “where do you let you wife graze?” Throughout the history of the Lone Star State, there have been many gun fights, differences settled at the OK Corral or The Alamo, but the most heinous scoundrel of all is one who’ll kill another man’s ... (click for more)