City Council & Power Board schedule Joint Meeting

Jun 10, 2015 at 02:15 pm by bryan

The Murfreesboro City Council and the Power Board will conduct a Special Joint Public Meeting, Thursday at 5:00 p.m. in the Council Chambers at City Hall. Amy Byers with Murfreesboro Electric says the purpose of the meeting is to hear an overview on the Middle Tennessee Electric Membership Corporation (MTEMC) Memorandum of Understanding to acquire Murfreesboro Electric Department (MED)...

Last week, MTEMC announced that the utility had asked the City of Murfreesboro to enter discussions on a potential sale and consolidation of MED into MTEMC. In considering whether to enter into negotiations with MTEMC, City administrators, elected and appointed officers, must analyze a number of financial and operational issues to ensure the sale is warranted. That includes increased efficiency by combining resources of the two systems and thereby reducing duplication.

Middle Tennessee Electric serves 205,000 residential and business accounts in a service territory that includes Williamson, Wilson, Rutherford, and Cannon counties. Murfreesboro Electric Department serves approximately 55,000 homes and businesses within the city limits.

Who: The Murfreesboro City Council and the Murfreesboro Power Board.

What: An overview of the MTEMC MOU to acquire Murfreesboro Electric Department.

When: Thursday, June 11, 2015 - 5:00 p.m.

Where: City Hall Chambers 111 West Vine St.

Sections: News