Press Mention Chattanooga Times Free Press September 10, 2020
Topical Mention
Chickamauga Electric signs long-term power agreement with TVA
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Chickamauga Electric has signed a new long-term agreement with the Tennessee Valley Authority requiring a 20-year notice period before the local power company can switch to another wholesale supplier. The agreement locks in Chickamauga Electric's relationship with TVA, one of 153 municipalities and power cooperatives that purchase wholesale power from the federal utility.
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Chickamauga Electric signs long-term power agreement with TVA
September 11, 2020
by
Dave Flessner
| Updated September 11, 2020 at 10:09 p.m.
A half century after splitting with Georgia Power and joining the Tennessee Valley Authority, the city of Chickamauga has become the latest local power company to sign a long-term agreement to buy most of its electricity from TVA.
Chickamauga Electric, which is one of the smallest of the 153 municipalities and power cooperatives that buy wholesale power from TVA and distribute it to its customers, signed a new agreement this week with TVA that requires a 20-year notice before the local power company can use another wholesale supplier for all but a small share of its power.