AG: Utility bills would climb under legislation

NASHVILLE, Tenn. (AP) -- The state Attorney General says a measure pending in the General Assembly could cause bills from for-profit utility companies to climb significantly without much government oversight.

The Tennessean reported Attorney General Bob Cooper warned this week that investor-owned utility companies would be able to raise their rates without having to prove that the increases are really necessary under the proposed legislation. The legislation cleared a House committee on Wednesday and is supported by Gov. Bill Haslam.

Tim Schwarz is the chief of external affairs for the Tennessee Regulatory Authority, which regulates rates set by the for-profit utilities. He said consumers would still be protected from unwarranted price increases and the TRA would ensure increases would have to be in the public's interest


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 196826271 - local8now.com/a?a=196826271
Gray Television, Inc.