VEC WANTS ANOTHER ELECTRICITY PROVIDER, TVA RATES TOO HIGH

NEWS TALK 94.1

Volunteer Energy Cooperative is considering buying power from a new provider after increasing whole sale rates from TVA.

Volunteer Energy Cooperative President Rody Blevin said prices have continually increased over seven years at about a two percent rate.

“We spent about a year talking to TVA about a possible new contract,” Blevin said. “TVA refused to negotiate with us on anything with a contract. So, we went out to request proposals for an alternate power supply. We did that last April or May 2020. Those proposals came back with significantly lower rates.”

Blevin said the problem now is that TVA controls the transmission system. Blevin said TVA has declined to give the company access if a provider change is made. This has resulted in Volunteer Energy and three other electric companies submitting a complaint to the Federal Energy Regulatory Commission.  FULL STORY HERE