By Emily Le Coz/NEMS Daily Journal
TUPELO – Tombigbee Electric Power Association, the customer-owned utility that operates in eight Northeast Mississippi counties, reported a nearly 1 percent growth in the past fiscal year.
TEPA said its customer base swelled to 41,445 members through June, with new clients coming mainly from the commercial industrial sector, according to a news release from the association.
It issues its annual report each summer, during which time it also elects members to the nonprofit’s executive committee.
Elected were F.G. Wiygul Jr. of Ballardsville, Chip Prestage of Fulton, Tommy Estes of Mooreville, Guy Harris of Saltillo and Brenda Goff Shumpert of Mooreville.
They will serve three-year terms.
The utility also reported its revenues and expenditures for the past fiscal year. TEPA sold $110 million of electricity to its customers, which it had purchased from the Tennessee Valley Authority for $89.1 million.
“TVA regulates and approves TEPA retail rates and other charges,” the report said. “Any net revenue realized by TEPA is utilized to meet system growth and expansion costs.”
System improvements for the agency cost more than $7.5 million in during the time period.
TEPA has 3,993 miles of electric lines through a 1,000-square-mile area including large portions of Itawamba and Lee counties, as well as slices of the six adjoining counties. It employs roughly 130 people.