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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > Nashville Electric Service

Nashville Electric Service
 PROFILE
The "Nashville Sound" would be hard to hear without Nashville Electric Service (NES), the power distributor to more than 300,000 customers in central Tennessee. One of the largest government-owned utilities in the US, the company is required to purchase its power from another government-owned operator, the Tennessee Valley Authority (TVA). With state and national energy deregulation in the offing, both NES and TVA are expecting changes in their relationship. NES is ready to rock 'n' roll after the divorce. Anticipating deregulation, the company wants to cut its obligations to TVA and join the rush to pursue other power sources, including purchasing on the open market and self-generation.

 COMPETITION
Duke Energy Corporation (DUK)
Enron Corp. (ENE)
Southern Company (SO)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 688.70
1-Yr. Sales Growth: (3.1)%
Employees: 950
Revenue per employee: $724,947.37

 KEY PEOPLE
• Donald Kohanski
    CEO
• Decosta E. Jenkins
    CFO

 CONTACT INFO
1214 Church St.
Nashville, TN 37203
US
Phone: 615-747-3895
Fax: 615-747-3596
Online: Web Site

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