ADVISORY: New Study to Reveal Steady Increase in TVA’s Residential Rates While Industrial Customers Get Huge Break
Contact: Jennifer Rennicks, SACE, 865-235-1448, [email protected]
Knoxville, Tenn. – Tomorrow, on Tuesday, January 30 at 11:00 a.m. ET/ 10:00 a.m. CT, researchers and advocates will hold a tele-press conference to discuss findings from a new report that reveals a massive cost shift from Tennessee Valley Authority’s (TVA) industrial customers onto its residential and small business customers over the last six years.
Report authors from Synapse Energy Economics, and advocates from Southern Alliance for Clean Energy (SACE), Tennessee State Conference of the National Association for the Advancement of Colored People (NAACP), and Friends of the Earth (FOE), will present data demonstrating how the Tennessee Valley Authority’s industrial and direct serve customers have benefitted from a nearly 20 percent cut in the price of energy, while residential customers have experienced steady rate increases over the last few years.
WHEN: Tuesday, January 30, 2018, 11:00, a.m. ET/ 10:00 a.m. CT
WHERE: Dial in Number – 727-258-5789 PIN: 97609
SPEAKERS:
- Stephen A. Smith, Executive Director of the Southern Alliance for Clean Energy
- Melissa Whited, Principal Associate at Synapse Energy Economics
- David Freeman, former chair of the Tennessee Valley Authority & Senior Advisor to Friends of the Earth
- Elder Jimmie Garland, Vice President of the Tennessee State Conference of the National Association for the Advancement of Colored People
AVAILABLE FOR QUESTIONS:
- John D. Wilson, Research Director, Southern Alliance for Clean Energy
- Damon Moglen, Senior Strategic Advisor, Friends of the Earth
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Founded in 1985, the Southern Alliance for Clean Energy promotes responsible energy choices that work to address the impacts of Global Climate Change and ensure clean, safe, and healthy communities throughout the Southeast. Learn more at www.cleanenergy.org.
Synapse Energy Economics is a research and consulting firm specializing in energy, economic, and environmental topics. Since its inception in 1996, Synapse has grown to become a leader in providing rigorous analysis of the electric power and natural gas sectors for public interest and governmental clients.
Friends of the Earth fights to protect our environment and create a healthy and just world. We are more than one million members and activists across all 50 states working to make this vision a reality.
The National Association for the Advancement of Colored People (NAACP) principal objective is to ensure the political, educational, social and economic equality of minority group citizens of United States and eliminate race prejudice. The NAACP seeks to remove all barriers of racial discrimination through the democratic processes.