Talks to sell Murfreesboro Electric continue

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Middle Tennessee Electric is still considering the purchase of Murfreesboro Electric. The City of Murfreesboro has hired a company to conduct an appraisal on the Murfreesboro Electric Department to determine a fair market price for the government entity.

Amy Byers with Murfreesboro Electric told WGNS...

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Byers told us that she did not know if a referendum would have to take place before Murfreesboro Electric could be sold. As you may or may not know, Middle Tennessee Electric is a not for profit corporation while Murfreesboro Electric is part of the city government.

MTEMC is a cooperative electric distribution system and the members who pay their bills are the owners of the corporation.

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