Will Memphis Leave Tva?

Memphis, Light, Gas and Water will likely not be leaving the Tennessee Valley Authority any time soon. CEO J.T. Young is proposing to “indefinitely suspend” the pursuit of an alternative electricity supply and negotiate with TVA for improved rates.

Did Memphis leave TVA?

With council vote, Memphis decides to get bids on its electricity supply, a key step to leaving TVA. ... Six months to the day after it voted down a contract with GDS Associates that would bid out Memphis' power supply, the Memphis City Council approved a contract with the same Georgia-based firm.

Is MLGW leaving TVA?

— Memphis Light Gas and Water will postpone any decision over whether to leave electricity supplier Tennessee Valley Authority indefinitely, MLGW President J.T. Young said Wednesday. The move came amid a lengthy decision-making process where the utility was soliciting plans and input from other suitors.