Volunteer Energy, North Georgia EMC solicit bids from utilities to replace TVA

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Volunteer Energy Cooperative and North Georgia Electric Membership Corporation are soliciting bids from alternative power suppliers to potentially replace TVA as their wholesale power provider, citing TVA's wholesale rates as 28% higher than neighboring utilities. TVA President Jeff Lyash argues TVA remains the best overall value, while local utility leaders contend that TVA's rates have become uncompetitive since 2005 when FERC opened transmission access markets nationally.