Winter Storm Fern knocked out power for about half-a-million people in the Nashville Electric Service coverage area, destroying hundreds of miles of power lines and about 400 utility poles. Now, the utility is bracing for repair costs. To cover them, customers could see higher bills.
The utility’s board had an emergency meeting at 8:30 a.m. Monday, which appears to have been announced over the weekend. That means it wasn’t the board’s normal monthly meeting, where materials are released days in advance and those wanting to offer public comment have ample time to prepare.
During the meeting, NES CEO Teresa Broyles-Alpin said the numbers haven’t been finalized, but it’s likely damages totaled between $110 and $140 million. And it’s unlikely normal revenues can cover the tab…