(February 28, 2013) Jackson, TN - The Jackson Energy Authority Board of Directors welcomed Monte Jones to their ranks today at their monthly board meeting.
Monte Jones is the President at the Jackson branch of Commercial Bank & Trust. Per the ethics rules of the board, Commercial Bank & Trust had to be removed from the approved banking list to prevent any conflicts of interest. However, since there were no open accounts with them, this change didn’t affect the board.
JEA had their annual sanitary survey done on their water system. This is where the state comes in and inspects everything from the cleanliness of the tanks to following employees in the field. Out of a 100 point system, JEA usually scores in the 95 to 99 point range. This year, the water system scored a perfect score of 100, a rare feat for water systems.
TVA has released their fuel cost adjustment numbers to take effect on March 1. This change can see a $1.63 savings on residential services on an average bill. Fuel cost adjustment rates come straight from TVA and are passed on directly to customers.
The board approved the purchase of 7,500 feet of 500 MCM copper underground cable for a downtown power network. This thick and weighty cable is part of completing a circuit of this network. These cables cost $13 per foot. When these cables are installed, the must be installed in a bundle of three, making the price $39 per foot. They build this in segments because building this underground network can cost around $500,000 per mile.
The LANA area will have 10,760 feet of their gas system replaced. They will use the directional boring method which does less disruption to the existing landscape.
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