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59 views Source:  Chattanooga Times Free Press Apr. 9 Six months after initially rejecting the idea, the Memphis City Council has approved a plan to solicit energy proposals to potentially replace the Tennessee Valley Authority with another power source. The move could ultimately cost TVA its biggest customer in six years and cut more than $1 billion in annual revenues for America s biggest government utility. But backers of the move claim it could end up cutting electricity bills for nearly 430,000 customers while potentially supplying greener energy in the Memphis area. At the urging of the city-owned utility Memphis, Light, Gas and Water (MLGW), the city council in Memphis this week unanimously approved a $520,000 contract with GDS Associates in Atlanta to prepare plans to solicit power supply offers from other utilities and independent power producers outside of the Tennessee Valley. The council had previously balked at the cost and time needed to do the consulting report,

United statesKarl schledwitzDave flessnerStephena smithScott brooksJoe wheelerHerman morris jrTennessee valley authoritySouthern alliance for clean energyBrattle groupChattanooga times free pressAssociates in atlantaGeorgia electric membershipTribune content agencyMemphis city councilEnergy information administration