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Fort Loudoun Electric Board Extends Grace Period

3/27/2020

At the Fort Loudoun Electric Cooperative (FLEC) Board of Directors monthly meeting on Thursday, March 26, 2020, the Corona Virus was a topic of discussion.  Angela Tallent, FLEC’s Secretary/Treasurer, made a motion following the Board’s finance committee meeting earlier in the week to authorize FLEC’s management to provide some economic easing to those individuals directly affected by the coronavirus (COVID-19).  Tallent advised, “We have had several businesses and those working for these businesses affected by the threat of virus.”  Jarrod Brackett, FLEC’s General Manager added, “It appears that all of the Membership appears to have been affected in some way by this event, even though there are only a few sick at this time.”  With this said in the discussion, the Board moved unanimously to authorize Brackett to extend the grace period for the entire Membership an additional 11 days without assessing late penalties. Brackett stated he would, “begin this the next day, Friday-March 27th and that FLEC’s staff would be continually watching to see if any additional assistance might become available.” This suspension of all late payment fees and penalties was put in effect for the next 30 days for all of the Cooperative’s Membership.   

Brackett petitioned help from the Membership, “If you are under financial hardship, please call our offices well before the disconnect date, eleven (11) days past the normal due date, in order to make a payment agreement.”  “We do not want to disconnect folks,” he added, “but we need to discuss what plans for payment you have made.  TVA still expects us to provide payment for what our Members use and each month we extend credit to those paying the conventional way.”  He encouraged those struggling, “The Board has allowed us to extend the grace period; there are organizations, some that receive federal assistance, that FLEC works with to assist people in their time of need.  Just call us!” 

You can connect with FLEC at 1-877-353-2674 to learn more about payment options and request assistance information.  FLEC is a private, non-profit organization that is regulated by the Tennessee Valley Authority (TVA).  FLEC serves folks in portions of Blount, Loudon, and Monroe Counties and maintains approximately 3,200 miles of power lines to keep the lights on.


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