![]() Dykes estimated the study could take up to 12 months to complete.Ĭopyright 2017 WJHL. It is anticipated that if approved, both electric systems would operate separately for some period after consolidation until the systems are brought into alignment.Īny consolidation agreement would require a majority vote of the BrightRidge Board of Directors, the Elizabethton City Council and the public at a referendum commissioned by the Elizabethton Electric System. Facts and features Interior details Property details Construction details Utilities / Green Energy Details Community and Neighborhood Details HOA and. The study would be a complete review of financial and technological aspects of the system. “At the same time, we believe consolidation would help long-term rate stability and ensure adequate reinvestment in both systems.” “The feasibility study could present a unique opportunity for the citizens of Elizabethton to unlock untapped value in the utility,” Dykes said. Elizabethton Electric has 26,068 customers. BrightRidge is the 10th largest public power provider in the TVA system with 78,000 customers. “Power companies that don’t adapt and reinvent themselves won’t be able to ensure the safety, reliability and resilience consumers have come to expect.”Ĭurrently, the two systems are near parity in terms of electric rates. “Today, consumers can lower their bills through energy efficiency and even make some of their own energy,” Cass Larson, TVA vice president of Pricing and Contracts, recently noted. TVA regulates local power companies and requires any consolidation demonstrate net positive benefits for customers in both systems. Forecasts from the Tennessee Valley Authority and other federal agencies project flat to negative electric usage as high-efficiency products, such as LED lighting and Energy Star appliances, proliferate in the market place.Īt the same time, distributed generation is increasingly a reality as consumer-generated solar energy and battery storage products come to market, as recently noted by TVA, which indicated that local power companies will have to change to survive. Like most aspects of the economy today, technology is driving the marketplace. “We believe this study will reveal similar benefits for customers in both systems.” “We are seeing businesses and agencies across the region look to consolidation and alliances to lower costs for their customers by increasing efficiencies,” BrightRidge CEO Jeff Dykes said. The motion is a continuation of informal discussions that began several years ago. JOHNSON CITY – BrightRidge officials appeared Thursday evening before the Elizabethton City Council in support of a motion to move forward with an electric system consolidation study. Last year, the Weatherization Assistance Program assisted 118 households in Northeast Tennessee.Below is a news release issued Thursday night:Ĭity of Elizabethton, BrightRidge agree to undertake consolidation study.Preference is given to the elderly, disabled, and homes with young children.Weatherization differs from LIHEAP in that certified contractors selected through Upper East, physically come into a home and make it more energy efficient. sick days, doctor visits), and decreased out of- pocket medical expenses. After Weatherization, families have homes that are more livable, resulting in fewer missed days of work (i.e. Weatherization not only helps households, it also helps revitalize communities by spurring economic growth and reducing environmental impact. The Weatherization Assistance Program has created an industry, producing new jobs and technologies, all while helping the most vulnerable neighbors in America. It is the nation’s single largest residential whole-house energy efficiency program. Department of Energy’s Weatherization Assistance Program reduces energy costs for low-income households by increasing the energy efficiency of the homes while ensuring the neighbor’s health and safety. Last year Upper East served 8,346 households through LIHEAP When they aren’t worried about paying their energy bills, they can dedicate their time to taking care of their families, going back to school, or applying for a new job. LIHEAP gives neighbors more opportunity to thrive. LIHEAP lifts that burden, so neighbors do not have to choose. Sometimes they have to decide between feeding their families or purchasing medication and paying their electric bill. Many of our neighbors struggle to afford their energy costs such as heating, cooling, firewood, coal, and gas. The Low-Income Home Energy Assistance Program provides aid to the most vulnerable in our society, such as elderly disabled, and homes with small children. LIHEAP is a critical life-saving program for the neighbors of Northeast Tennessee. ![]()
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