{"id":1065,"date":"2018-01-23T00:00:00","date_gmt":"2018-01-23T05:00:00","guid":{"rendered":"https:\/\/djpbl1vktd.wpdns.site\/brightridge-board-votes-to-seek-regulatory-approval\/"},"modified":"2024-06-28T13:26:30","modified_gmt":"2024-06-28T17:26:30","slug":"brightridge-board-votes-to-seek-regulatory-approval","status":"publish","type":"post","link":"https:\/\/brightridge.com\/es\/brightridge-board-votes-to-seek-regulatory-approval\/","title":{"rendered":"La junta directiva de BrightRidge vota para buscar la aprobaci\u00f3n regulatoria"},"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\/06\/News-Articles.png);\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\">BrightRidge Board Votes to Seek Regulatory Approval<\/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\"><strong>JOHNSON CITY<\/strong> &#8211; BrightRidge Board of Directors voted unanimously Tuesday to seek regulatory approval for a phased, 8-year roll out of high-speed internet, television and phone services to its 78,000-customer service area.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThere is no doubt that the essential utility of the 21st century is high-speed internet,\u201d BrightRidge CEO Jeff Dykes said. \u201cHowever, this is not an inexpensive venture, so we built a plan with maximum flexibility moving forward. The result is a business plan that allows the Board to call a halt at any funding stage, and still continue with a viable broadband division.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Working with Magellan Advisors, BrightRidge constructed a modular approach that allows each of the eight individual phases to stand alone as a viable business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Business Development &amp; Planning Committee Chairman Jenny Brock said benefits to electric customers include enhanced broadband access as well as potential interest earnings that far outstrip the return available from other allowable investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur most important job is to serve our electric customers,\u201d Brock said. \u201cAnd our electric customers will reap the biggest benefit from this effort, through improved services as well as interest income generated from inter-company loans. If all eight phases are funded, electric customers can expect $20.8 million returned over 15 years from interest on the loans, which will likely be allocated for capital reinvestments in the system that would not have otherwise been available.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BrightRidge invested months investigating the potential of a high-speed broadband internet division, securing the services of Magellan Advisors to assist in market research as well as development of business and operational plans. The resulting plan is a hybrid system, with high-speed wireless offered in lower density rural areas and fiber broadband to the premise in higher density areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is a serious investment, enhancing services to our residential customers while adding to economic development opportunities for the communities we serve,\u201d Board Chairman B. J. King said. \u201cThe board has researched many models over the past two years looking to make effective use of our existing assets while also protecting our electric customer base. I feel comfortable saying we now have such a plan in hand.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If funded through phase eight, sufficient infrastructure would be in place to provide high-speed broadband fiber and\/or wireless to 75 percent of the BrightRidge service area, beginning in Washington County and Johnson City. Limited availability would be provided in Jonesborough, Colonial Heights, Piney Flats and western Carter County as early as year two.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With Tuesday\u2019s vote, BrightRidge will move forward to seek regulatory approvals from Tennessee Valley Authority, the State of Tennessee and the Johnson City Commission. BrightRidge aims to gain these approvals by the second quarter of 2018, initiating wireless service by May 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 La junta directiva de BrightRidge vot\u00f3 por unanimidad el martes para buscar la aprobaci\u00f3n regulatoria para un despliegue gradual de 8 a\u00f1os de servicios de Internet, televisi\u00f3n y telefon\u00eda de alta velocidad en su \u00e1rea de servicio de 78.000 clientes.<\/p>\n<p>\u201cThere is no doubt that the essential utility of the 21st century is high-speed internet,\u201d BrightRidge CEO Jeff Dykes said.<\/p>","protected":false},"author":1,"featured_media":3209,"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-1065","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 - 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