There are 9 public owned systems in Georgia and 8 in Kentucky. Nearby Fayetteville Electric System has just become one of TN's first public owned systems. Covington Electric System being constructed. Chattanooga Power Board now offers telephone service with plans to offer cable and internet services in the future. It is now under the 5 th owner and can be sold again with no benefit or share of proceeds to the local public who have paid premiums all these years.
All profits go to the stockholders.
In contrast, CPWS is owned by the local community and all customers will own part of the system without fear of being sold again , just to be paid for again by the users. The services and policies of the system proposed by CPWS would be governed by a local appointed Board overseeing a local oriented utility serving this community's unique needs. Customer problems would be handled at the local level, not the regional service organizations. The proposed system would operate as a non-profit utility with rates set by a local appointed Board. By operating the cablevision and Internet services at cost, more subscribers can afford to use these services.