Energy prices have plummeted, but on the local level
nothing has changed. According to the MLGW site, they are charging Memphians
0.0909 cents per KWH. Utilities in Nevada are currently able to sign long-term
contracts to buy solar power for as little as 3.9 cents a kilowatt-hour from First Solar Inc. and Sun Power Corp. Wholesale conventional
power is even cheaper, going for an average of 3.5 cents a kilowatt-hour at a
hub in southern California.
An outside impartial review of MLG&W’s sources,
contracts, expenses, mark-ups and code of ethics is needed to make sure that
this city asset is being run as professionally as we have been told - and
assumed for so many years. After the recent Deidra Malone scandal that brought
to light the questionable arms length transactions between officials and
vendors to the city, a review of ALL business practices needs to be reviewed
with the goal reducing wasteful and inefficient business practices.
