{"id":1050,"date":"2018-11-28T00:00:00","date_gmt":"2018-11-28T05:00:00","guid":{"rendered":"https:\/\/djpbl1vktd.wpdns.site\/auditors-find-clean-transition-to-brightridge-in-fy-2018\/"},"modified":"2024-06-28T13:22:08","modified_gmt":"2024-06-28T17:22:08","slug":"auditors-find-clean-transition-to-brightridge-in-fy-2018","status":"publish","type":"post","link":"https:\/\/brightridge.com\/es\/auditors-find-clean-transition-to-brightridge-in-fy-2018\/","title":{"rendered":"Los auditores encuentran una transici\u00f3n limpia a BrightRidge en el a\u00f1o fiscal 2018"},"content":{"rendered":"<!-- Hero Cached -->\n<style>\n.hero-contain{max-width: 1440px;margin-right:auto;margin-left:auto}\n#hero-section{\n  background-image: url(https:\/\/brightridge.com\/wp-content\/uploads\/2024\/04\/brightridge-office-scaled.jpg);\n  background-position: center center !important;\nbackground-position-y:% !important\n}\n#hero-section > .mask{\n  background-color: #000000A1 !important;\n}\n<\/style>\n<div id=\"hero-section\" class=\"text-center bg-image fs-18\">\n    <div class=\"mask py-5 px-6\">\n        <div class=\"hero-contain d-flex justify-content-start align-items-end h-100\">\n            <div class=\"lh-sm text-white\">\n<div class=\"text-start breadcrumbs\">        <div class=\"breadcrumb-container theme1\">\r\n                    <ol>\r\n                    <\/ol>\r\n        <script type=\"application\/ld+json\">\r\n        {\r\n            \"@context\": \"http:\/\/schema.org\",\r\n            \"@type\": \"BreadcrumbList\",\r\n            \"itemListElement\": [\r\n                            ]\r\n        }\r\n    <\/script>\r\n    <style type=\"text\/css\">\r\n        .breadcrumb-container {\r\n            font-size: 13px;\r\n        }\r\n\r\n        .breadcrumb-container ul {\r\n            margin: 0;\r\n            padding: 0;\r\n        }\r\n\r\n        .breadcrumb-container li {\r\n            box-sizing: unset;\r\n            display: inline-block;\r\n            margin: 0;\r\n            padding: 0;\r\n        }\r\n\r\n        .breadcrumb-container li a {\r\n            box-sizing: unset;\r\n            padding: 0 10px;\r\n        }\r\n\r\n        .breadcrumb-container {\r\n            font-size: 16px !important;\r\n            padding: ;\r\n            margin: ;\r\n        }\r\n\r\n        .breadcrumb-container li a {\r\n            color: #389eff !important;\r\n            font-size: 16px !important;\r\n            line-height: 16px !important;\r\n        }\r\n\r\n        .breadcrumb-container li .separator {\r\n            color: #c5c5c5 !important;\r\n            font-size: 16px !important;\r\n        }\r\n\r\n        .breadcrumb-container li:last-child .separator {\r\n            display: none;\r\n        }\r\n\r\n            <\/style>\r\n    <style type=\"text\/css\">\r\n        .breadcrumb-container.theme1 li {\r\n            margin: 0;\r\n            padding: 0;\r\n        }\r\n        .breadcrumb-container.theme1 a {\r\n            background: #ffffff;\r\n            display: inline-block;\r\n            margin: 0 5px;\r\n            padding: 5px 10px;\r\n            text-decoration: none;\r\n        }\r\n    <\/style>\r\n        <style type=\"text\/css\">\r\n        .breadcrumb-container{}\r\n.breadcrumb-container ul{}\r\n.breadcrumb-container li{}\r\n.breadcrumb-container a{}\r\n.breadcrumb-container .separator{}\r\n    <\/style>\r\n    <script>\r\n            <\/script>\r\n        <\/div>\r\n        <\/div>\n                <h1 class=\"mb-3 lh-1 text-start fs-72 text-white fw-400\">Auditors find clean transition to BrightRidge in FY 2018<\/h1>\n                <div class=\"fw-normal text-start h5 mb-1\"><hr \/>\n<p>\u00a0<\/p><\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-311a9734\">\n<div class=\"gb-container gb-container-58f7ce2d\">\n<div class=\"gb-container gb-container-56edb767\">\n\n<p class=\"wp-block-paragraph\">For immediate release November 28, 2018<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>JOHNSON CITY<\/strong> \u2013 Auditors Blackburn, Childers &amp; Steagall issued a clean opinion with no findings or deficiencies as the former Johnson City Power Board transitioned to an independent energy authority, BrightRidge, in FY 2018 ending June 30.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur staff have really stepped up in terms of total output as BrightRidge moves forward in a number of areas,\u201d CEO Jeff Dykes said. \u201cWe are dedicated to staying on budget, and certainly the accounting and finance office continues to exceed expectations notching the 28<sup>th<\/sup>&nbsp;clean audit for BrightRidge and its predecessor company.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BCS found no deficiencies in internal financial controls and stated that the BrightRidge books accurately reflect the strong financial standing of the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe Finance Committee could not be more pleased with this audit, and certainly it reflects well on the performance of the management team and employees,\u201d BrightRidge Finance Committee Chairman Joe Grandy said. \u201cMoving forward, I feel I can speak for the committee in saying we look forward to similar positive results as BrightRidge moves into Broadband ramp up and infrastructure deployment.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While much of the attention in 2018 has been on the creation of a BrightRidge Broadband division, BrightRidge continued to reinvest heavily in Electric division infrastructure, including the $4.45 million Midway substation in Jonesborough which came online in June.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Midway was designed to shift load from three other substations, smoothing system response and improving redundancy, Dykes said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other investments include the construction of a state-of-the art Substation Control and Data Acquisition operations center, deployment of digital switching equipment on the grid backed by broadband infrastructure which will shorten outage restoration time and mass deployment of LED street lighting that reduces lighting costs for local governments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the year, BrightRidge added $9.4 million to new capital assets on the balance sheet, including Midway. All system capital investments were made from existing cash balances without debt borrowing, Dykes said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overall sales trends, reflective of electricity sales throughout the Tennessee Valley Authority service area, continued to be mostly flat, recording a 1.2 percent increase or $2.33 million in 2018.<\/p>\n\n\n<div class=\"gb-container gb-container-98270934\">\n<div class=\"gb-container gb-container-412fbb2e\">\n\n<h3 class=\"gb-headline gb-headline-a924cc47 gb-headline-text\">About BrightRidge<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">BrightRidge is a publicly owned electric utility serving 83,671 customers in Washington, Sullivan, Carter and Greene counties. It is the 10th largest local power company in the Tennessee Valley Authority service area. BrightRidge Broadband, a division of BrightRidge, offers nation-leading 10GB symmetrical fiber-to-the-premise services to more than 30,000 locations in its service area.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p><b>CIUDAD DE JOHNSON<\/b> \u2013 Auditors Blackburn, Childers &#038; Steagall issued a clean opinion with no findings or deficiencies as the former Johnson City Power Board transitioned to an independent energy authority, BrightRidge, in FY 2018 ending June 30.<\/p>\n<p>\u201cOur staff have really stepped up in terms of total output as BrightRidge moves forward&#8230;<\/p>","protected":false},"author":1,"featured_media":1511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_searchwp_excluded":"","scheme-type":"","footnotes":""},"categories":[32],"tags":[],"wf_post_folders":[],"class_list":["post-1050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auditors find clean transition to BrightRidge in FY 2018 - BrightRidge Electric<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brightridge.com\/es\/auditors-find-clean-transition-to-brightridge-in-fy-2018\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auditors find clean transition to BrightRidge in FY 2018 - BrightRidge Electric\" \/>\n<meta property=\"og:description\" content=\"JOHNSON CITY \u2013 Auditors Blackburn, Childers &amp; Steagall issued a clean opinion with no findings or deficiencies as the former Johnson City Power Board transitioned to an independent energy authority, BrightRidge, in FY 2018 ending June 30. \u201cOur staff have really stepped up in terms of total output as BrightRidge moves forward...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/brightridge.com\/es\/auditors-find-clean-transition-to-brightridge-in-fy-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"BrightRidge Electric\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YourBrightRidge\/?ref=ts\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-28T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-28T17:22:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/brightridge.com\/wp-content\/uploads\/2024\/04\/brightridge-office-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"brightridgeele\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@YourBrightRidge\" \/>\n<meta name=\"twitter:site\" content=\"@YourBrightRidge\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"brightridgeele\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/\"},\"author\":{\"name\":\"brightridgeele\",\"@id\":\"https:\\\/\\\/brightridge.com\\\/#\\\/schema\\\/person\\\/78a3c61128e015d54c5373d06499c58a\"},\"headline\":\"Auditors find clean transition to BrightRidge in FY 2018\",\"datePublished\":\"2018-11-28T05:00:00+00:00\",\"dateModified\":\"2024-06-28T17:22:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/brightridge.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/brightridge-office-scaled.jpg\",\"articleSection\":[\"Newsletter\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/\",\"url\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/\",\"name\":\"Auditors find clean transition to BrightRidge in FY 2018 - BrightRidge Electric\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/brightridge.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/brightridge-office-scaled.jpg\",\"datePublished\":\"2018-11-28T05:00:00+00:00\",\"dateModified\":\"2024-06-28T17:22:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/brightridge.com\\\/auditors-find-clean-transition-to-brightridge-in-fy-2018\\\/#primaryimage\",\"url\":\"https:\\\/\\\/brightridge.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/brightridge-office-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/brightridge.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/brightridge-office-scaled.jpg\",\"width\":2048,\"height\":1365,\"caption\":\"A modern office building with large windows and a colorful sculpture in front. 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