Board of Light, Gas and Water Commissioners Board Meeting
The Board meeting agenda included the approval of proposed budgets for the Electric, Gas, and Water Divisions for 2027 operating expenses and capital expenditures, featuring rate increases, new rate schedules for electric vehicle charging, and adjustments to fuel cost and purchased power riders. Additionally, the agenda covered numerous contract approvals, renewals, and increases related to procurement, engineering services, IT professional services, environmental consulting, and infrastructure maintenance across the utility's divisions.
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Board of Light, Gas and Water Commissioners Board Meeting
The Board reviewed and approved several resolutions, including a significant invoice payment to the Tennessee Department of Transportation for utility relocation infrastructure. They authorized the ratification, increase, and renewal of engineering service contracts with Allen & Hoshall, Inc. for water and electric utility projects impacted by street improvements. The Board also addressed financial reallocations for the OPEB Trust Fund and awarded multiple contracts for technology infrastructure, fleet vehicles, equipment, and external auditing services.
Sep 2, 2026·Board meeting agenda packet
Board of Light, Gas and Water Commissioners Board Meeting
The board meeting addressed several key business items, including the approval of contract renewals and increases for engineering and advisory services, specifically for substation engineering with Fisher & Arnold, Inc. and battery energy storage system (BESS) consulting with GDS Associates, Inc. The board authorized a deposit payment to the Tennessee Department of Transportation for utility relocation services associated with the Lamar Phase 3 road improvement project. Additionally, the board received a presentation regarding the recovery efforts following the Bow Echo storm event and reviewed various internal infrastructure and financial resolutions.
Dec 31, 2025·Annual financial report
Memphis Light, Gas and Water Division Annual Report FY2025
The Annual Report for Memphis Light, Gas and Water Division for the fiscal year ended December 31, 2025. It presents audited financial statements of the Electric, Gas, and Water enterprise funds, including statements of net position, revenues, expenses, changes in net position, and cash flows, along with an independent auditor's report, management's discussion and analysis, and required supplementary information.
