GLASGOW â The Glasgow Electric Plant Board has agreed to hire a Lexington-based law firm to look into the possibility of receiving an additional 90 days to review a flexibility agreement that is part of a 20-year contract with the Tennessee Valley Authority.
The EPB originally had 90 days to consider the flexibility agreement, but it was signed without the full board getting an opportunity to review it.
In a letter to Glasgow attorney Ron Hampton, who represents the EPB, the TVA said flexibility agreements enable local public companies, such as the EPB, to generate part of their own energy and provide generation services to customers.