Press Mention Herald-Citizen September 4, 2003
SACE Referenced
TVA electric rate hikes a cram-down, says city
In this mention
Cookeville city officials and regional consumer groups, including the Southern Alliance for Clean Energy, oppose TVA's proposed rate structure that increases residential rates by 7-7.5% while reducing rates for large manufacturers by 2%. The City Council approved a strongly-worded letter to TVA's board chairman criticizing the lack of meaningful negotiations and characterizing the rate changes as a "cram-down" decision with a pre-ordained outcome.
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