Athens explores municipal utility to control streetlight costs from American Electric…
What happened
Ohio Power Company, which owns approximately two-thirds of Athens’ streetlights, is the current provider for the city, which rents the lights from the company. Athens is exploring the creation of a municipal electric utility to gain control over streetlight costs and improve local energy resilience. The city currently spends $160,000 annually on electricity for its streetlights, which are paid for out of the general fund.
From athensmessenger.com
Why it matters
The city is seeking alternatives because the cost of electricity for streetlights has risen due to increasing energy production and transmission costs. Furthermore, a tariff placed by Ohio Power Company on the city led to higher costs for LED streetlights compared to the previous sodium-vapor lights.
From athensmessenger.com
Who's involved
- AthensCity exploring municipal utility to control streetlight costs
- American Electric PowerUtility company that owns two-thirds of Athens’ streetlights
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- American Electric PowerSpeculative
American Electric Power might face challenges to its control over municipal utility pricing and service contracts.
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The entities involved
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Athens
city in McMinn County, Tennessee, United States
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American Electric Power
electric utility company in the United States
- American Electric Power (AEP) is headquartered in Columbus, Ohio, and its corporate structure includes Appalachian Power, AEP Ohio, Indiana Michigan Power, Southwestern Electric Power Company, and AEP Texas.
- AEP, the parent company of Indiana Michigan Power, is developing a transmission line, and corporate meetings are being held in Columbus.