Low-cost source of electric power for memphis area

Anticipating expiration of its wholesale power contract with the Tennessee Valley Authority (TVA) in June 1958, the Memphis Light, Gas & Water Division devised plans in 1955 to build its own generating stations rather than rely on other sources for its requirements. Fast-growing power needs demanded a reliable and low-cost source of abundant electric power. The publicly owned Thos. H. Allen Electric Generating Station will produce this power at the same relative rates to consumers as now prevail under the present TVA contract.