MEMPHIS, Tennessee — With MLGW President J.T. Young leaving the utility next month, Memphis City Council members don't expect a major shakeup in its future power supplier recommendation.
Last week, Young announced he'd leave MLGW for a position in Florida next month.
That announcement came weeks after Young recommended the MLGW board approve a 20-year agreement to continue buying power from the Tennessee Valley Authority through the year 2048.
Memphis City Council member Chase Carlisle said he expects the MLGW board will still vote on that proposal next month, and not hold off or begin a new outside power supplier bid process with a new MLGW president.
If the MLGW board approves the recommendation, it would then require city council approval.
"We are talking about something that's got a generational impact. It is a multi-billion dollar decision, so I think the decision has to rest on the merits of itself, not necessary the leadership of the company today," Carlisle said.
Last week, Young said he expects an interim president will be named by his final day October 14th.
Young reiterated to reporters this past Friday that in his view, staying with the TVA is the best option to grow renewable sources of energy in the future and keep costs low for customers.