Rates and River Damage Discussed During Utility Board Meeting

Jeff Graves, Manager of the Lexington Electric System, answers questions from the board on financial planning for the department and repairs due to the flooding at the Tennessee River.
Photo By: W. Clay Crook / The Lexington Progress
Article by W. Clay Crook-
The Utility Boards for the City of Lexington met on Tuesday evening, February 26th with Vice Mayor Sandra Wood calling the board for the Lexington Electric System into session. Manager Jeff Graves reported on some minor outages and received approval on a truck bid from Lonnie Cobb Ford for $27,640.00. Graves discussed information with the meetings with Chris Mitchell Services. Financial evaluation of LES would occur month by month and Mitchell can present to the board as needed. The data he collects from LES will be entered into his system, and he can then run several different types of analysis in order to project cost efficient capital improvement plans. “I think we will be well pleased and get our money’s worth,” Graves said. Graves noted that TVA can…
For complete coverage, see the March 6th edition of The Lexington Progress.
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