Memphis could see more than $100M in annual savings if it leaves TVA, draft of power supply report shows

By Samuel Hardiman · Commercial Appeal

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A Siemens-conducted integrated resource plan shows Memphis could save $100-150 million annually by leaving TVA and joining MISO, with scenarios including renewable energy imports and local solar generation. SACE executive director Stephen Smith endorsed the findings, stating the analysis clearly supports MLGW's exit from TVA as beneficial for both costs and the environment. The report recommends MLGW issue a request for proposals to verify projected savings before making a final decision.

We welcome the findings from this new study, which, although conservative, clearly supports MLGW leaving the TVA system, a move that will both lower costs for customers and benefit the environment. The report conducted by Siemens strongly recommends that MLGW explore the market with a request for proposals (RFP), and indicates it is highly unlikely that staying with TVA will be good for Memphis customers in the long term.
Stephen A. Smith

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