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American private equity investor
For other people named Thomas Hicks, see Thomas Hicks (disambiguation).
Thomas Ollis Hicks Sr. (born February 7, 1946), is an American private equity investor and sports team owner living in Dallas, Texas. Forbes magazine estimated Hicks' wealth at $1 billion in 2009, but it dropped to $700 million in 2010. Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, previously owned 50% of the English football club Liverpool F.C., and is chairman of Hicks Holdings LLC, which owns and operates Hicks Sports Group, the company that formerly owned the Texas Rangers, the Dallas Stars, and the Mesquite Championship Rodeo. In 2010, Hicks was forced to sell the Rangers and Liverpool to satisfy his creditors, and the Stars went into bankruptcy the following year.
The son of a Texas radio station owner, Hicks was born in Port Arthur, Texas, and graduated from Thomas Jefferson High School, in Port Arthur, in 1964. Hicks received his bachelor's degree in finance from the University of Texas in 1968, and received his MBA from the University of Southern California in 1970. He is a member of the Sigma Phi Epsilon social fraternity.
Hicks became interested in leveraged buyouts as a member of First National Bank of Dallas's venture capital group. Hicks and Robert Haas formed Hicks & Haas in 1984. The next year that firm bought Hicks Communications, a radio outfit run by Hicks' brother Steven – the first of several media companies bought or created by the buyout firm that involved Steven (Capstar, Chancellor, and AMFM).
Hicks & Haas' in the mid-1980s bought several soft drink makers, including Dr Pepper and 7 Up. The firm took Dr Pepper/7 Up public just 18 months after merging the two companies. In all, Hicks & Haas turned $88 million of investor funding into $1.3 billion. The pair went their separate ways in May 1989. He wanted to raise large pools to invest, while Haas preferred to work with investors deal by deal.
In 1989, Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst with former Prudential Securities banker John Muse. The firm raised $250 million, with early investments including a life insurance company, Life Partners Group (bought in 1990 and sold in 1996). In 1991, Morgan Stanley's Charles Tate and First Boston's Jack Furst became partners. Hicks was chairman from 1989 to 2004, Hicks Muse raised $12 billion of private equity funds, consummated over $50 billion of leveraged acquisitions, and grew to become one of the largest private investment firms in the country.
But Hicks Muse hit a rough patch by the early 2000s, when investors in Equity Fund IV were burned by a $1.2 billion plunge into telecom investments in 1999. Hicks announced that he would leave the Hicks Muse on March 8, 2004, to spend more time with his family and his sports teams. (Hicks Muse was subsequently renamed HM Capital Partners.) He has remained active in his own ventures. He created Hicks Holdings, a vehicle for his sports and real estate empire, and then started buying companies again in the $10 to $250 million level, including: a Chinese electronics firm, a venture with DirecTV selling bundled TV-telecom services to condos, a landscaping materials company in the Midwest, a pet food firm in Argentina, and Gammaloy – an oil field rental outfit he bought from his wife's family, paying approximately $20 million in the 1990s.
Additionally, he formed Hicks Acquisition Company I, Inc. (HACI). In September 2009, HACI merged into Resolute Energy Corporation (REN), an oil and gas firm. Hicks does not sit on REN's board of directors, but his son, Thomas O. Hicks, Jr., represents HACI on the board.
As of August 13, 2010, the website for Hicks Sports Group appears to have disappeared. As for other websites for Hicks companies, while they are still operating, they appear to be empty of any data and Hicks Sports Marketing now appears to be a Word Press blog site, with the first page advertising Online Gaming.
Hicks was a member of the political action committee for the 2008 presidential election campaign for former RepublicanMayor of New York CityRudy Giuliani.
Hicks was previously neighbors with former U.S. PresidentGeorge W. Bush and First LadyLaura Bush. Each neighbor’s property shared a boundary between Daria Place and Holloway Road, within a gated community of Preston Hollow, Dallas, Texas respectively.
Tom Hicks Elementary School
Tom Hicks Elementary School in Frisco, Texas, part of the Lewisville Independent School District, was given its name after Hicks donated the land for the school.
Hicks moved from the business pages to the sports section in December 1995 when he bought the National Hockey LeagueDallas Stars for $82 million.
Hicks contracted to purchase the National Hockey League (NHL) franchise from Norman Green in December 1995. During his tenure as owner of the club, Hicks served as the Stars' Chairman of the Board and the club's representative on the NHL Board of Governors. Hicks played an instrumental role in the development and planning of American Airlines Center. Under his ownership, the Stars won seven division titles, two Western Conference crowns, two Presidents' Trophies (as the team with the best regular season record), two consecutive trips to the Stanley Cup Finals and the 1999 Stanley Cup Championship. In April 2010, Hicks' company defaulted on $525 million in bank loans backed by the Stars and a 50% interest in the American Airlines Center.
On September 13, 2011, lenders voted to agree to have the Stars file for bankruptcy and sold at auction.
On November 22, 2011, a bankruptcy court judge approved a bid by Vancouver businessman and Kamloops Blazers owner Tom Gaglardi to buy the team for $240 million.
In June 1998, Hicks bought the Texas Rangers of Major League Baseball’s American League from George W. Bush. Under Hicks' ownership, the Rangers won the American League West Division crown in 1998 and 1999, but failed to deliver a World Series. Hicks made headlines across all MLB when he personally negotiated and signed shortstop Alex Rodriguez to the biggest contract in MLB history at that time; a ten-year, $252 million deal at the December 2000 winter meetings. That contract, however, severely limited the Rangers' ability to sign other players, and they would have only two more winning seasons during Hicks' ownership. Years later, Hicks pointed to the blockbuster contract as "one of his biggest regrets".
The Rangers also spent a large amount of money on Chan Ho Park, who signed a $65 million contract with the Rangers following the 2001 season. The Park signing would be a disaster for the Rangers as the new "staff ace" was unable to adjust to the move from pitcher-friendly Dodger Stadium to the hitter-friendly American League. After finishing in last place for the division three seasons in a row with Rodriguez, Hicks agreed to trade to the New York Yankees before the 2004 season. As part of the agreement, the Rangers would supplement a portion of his remaining contract. This agreement would continue until Rodriguez opted out of his contract in 2007. On January 23, 2010, it was announced Hicks had agreed to sell the Rangers to a group led by Chuck Greenberg and Nolan Ryan. Hicks would have been a minority share holder in the new ownership group.
Prior to bids being placed by potential buyers, Hicks told the media the Rangers were operating under normal business with no interference from MLB. Regarding the Rangers' inability to sign 2009 first round pick Matt Purke, he said, "We were disappointed that the family insisted on $6 million. The Texas Rangers were not willing to do that. It had nothing to do with MLB restrictions. There is a clear misimpression we didn't sign Matt Purke because MLB wouldn't let us. That's not true. We didn't because of Tom Hicks, Nolan Ryan and Jon Daniels. We were not willing to go to $6 million." After his group had completed the purchase agreement, Ryan told the media the Rangers were unable to offer the first round pick the $6 million signing bonus both parties had verbally agreed upon after the draft because MLB, who were strictly overseeing the Rangers budget by this time, would not approve the amount needed to sign Purke. After the announcement of the pending sale by Hicks Sports Group (HSG), several additional hurdles occurred which had to be remedied before the sale of the team could be finalized. Several of the lenders, who were owed over $500 million, vocally objected to the deal accusing Hicks of rejecting a higher offer by Jim Crane and stated they would not sign off on the deal. Hicks has been sued by three different parties over the land adjacent to the stadium that was sold in a separate transaction as a part of the purchase by Greenberg and Ryan.
On May 24, 2010, HSG filed for Chapter 11 bankruptcy protection/separation of the Texas Rangers from HSG and asked the courts to approve of the sale of the Rangers to the group headed by Greenberg and Ryan. The move was made to expedite the sale and resolve the sale prior to the MLB trade deadline and draft signing deadline. Ironically, Alex Rodriguez was the largest unsecured creditor, owed nearly $25 million in deferred payments despite being traded six years earlier.
Emails presented in court show that after Hicks agreed to an exclusive negotiation period with Greenberg attorneys for HSG were still in discussion with another bidder, Dennis Crane, about a sale price for the team and emailed the creditors on December 31, 2009 saying, "Basically, the response from the MLB was to prohibit us from negotiating with anyone other than Greenberg. Their intent seems to be to lock us into Greenberg even though Crane now has a clearly superior economic deal – and may always have had based on Greenberg's current position. We need help here. Unless the lenders weigh in, we are going to be stuck negotiating a deal that is clearly worse than Crane's."
The bankruptcy court ordered a public auction to be held on August 4, 2010, and the winning bid was submitted by Greenberg/Ryan. Co-lead investors Ray Davis and Bob R. Simpson were named co-chairmen.
In March 2011, Greenberg resigned as chief executive, sold his interest, and Nolan Ryan was named president and chief executive officer. Ryan was subsequently designated the controlling owner of the club by a unanimous vote of the 30 owners of Major League Baseball on May 12, 2011.
Cruzeiro and Corinthians
In 1999, Hicks, Muse, Tate & Furst entered into a partnership with Cruzeiro Esporte Clube and Sport Club Corinthians Paulista, two popular Brazilian football clubs. Club directors and Hicks, Muse, Tate & Furst assured the fans that a new stadium was in development, but this never materialized.
In 2003, after legal/financial troubles and partner infighting, Hicks retired from the company and the ownership group eventually left the partnership with Corinthians. There was no new stadium.
Main article: Liverpool F.C.
On February 1, 2007, it was made known through the English press that he was involved in a consortium with one-time friend and Montreal Canadiens owner George N. Gillett Jr. to purchase English Premier League club Liverpool F.C.; this takeover proposal was believed to be the front-runner after Dubai International Capital (DIC) withdrew their bid. On February 6, 2007, Hicks and Gillett's joint offer for Liverpool was formally accepted, valuing the club at £218.9 million ($432.9M) (£5,000 per share and £44.8M in debt). Liverpool became the third Premier League club to be acquired by American businessmen, the others being Aston Villa and Manchester United. When taking over the club, Hicks and Gillett made a joint declaration: "Liverpool is a fantastic club with a remarkable history and a passionate fanbase. We fully acknowledge and appreciate the unique heritage and rich history of Liverpool and intend to respect this heritage in the future." Hicks stated his foremost priority was gaining silverware, and vowed to build a new stadium for the club at Stanley Park Stadium. The preexisting plans to build the stadium were revised but the stadium never materialized.
Hicks became extremely unpopular among Liverpool fans for his failure to deliver on the promise of a new stadium or on the promise that no debt would be placed onto the club and for his allegedly misleading statements about planned and past investment in players. During Hicks and Gillett's period of ownership, Liverpool became associated with frequent boardroom wranglings as the owners fell out with each other and engaged in public battles with Parry and Benítez. Anger was also directed at the Hicks family when Tom Hicks' son, Thomas O. Hicks, Jr., had to resign from the Liverpool board of directors after sending an abusive e-mail to a Liverpool fan saying, "Blow me fuck face. Go to hell. I'm sick of you."
On January 22, 2008, a majority of Liverpool fans at the game between Liverpool and Aston Villa protested against Gillett and Hicks' running of the club, urging the pair to sell their shares in Liverpool to Dubai International Capital (DIC). Neither owner, nor their representative Foster Gillett, was present at the game. George Gillett was reportedly targeted by DIC to sell his shares. It was reported that he had fallen out with Hicks and he subsequently kept silent over his dealings with the club. On March 7, 2008, it was reported that Gillett had agreed to sell 98% of his Liverpool stock to DIC, but Hicks blocked the sale. In an interview on Prime Time Sports in Canada, Gillett revealed that he and his family had received death threats from angry Liverpool fans: "The fans don't want him [Tom Hicks] to have even one share of my stake in the club, based on what they are sending to me. As a result of that we [my family] have received many phone calls in the middle of the night threatening our lives, death threats. A number came to the office and my son, Foster, and daughter-in-law, Lauren, have received them." On April 16, 2010, the club was put up for sale. Hicks claimed that he believed the club had tripled in value during his tenure, and boasted that he would be looking for a price of four times what he purchased his stake for. He claimed that, "Liverpool will be the most profitable investment I've ever made." On June 16, 2010, Walton MP Steve Rotheram tabled a motion in the House of Commons of the United Kingdom expressing dismay at the continuing ownership of the club. Hicks and Gillett were described as "asset strippers" and the club was being "drained by their greed".
In October 2010, as part of a fans' campaign against the ownership, a video entitled Dear Mr Hicks was released virally via YouTube. Produced and directed by Mike Jefferies, it featured celebrity fans of the club giving their reasons why they wanted to see a change of ownership.The Independent newspaper praised the video, saying, "True to the city's capacity to create something out of adversity, a wonderfully inventive viral film, Dear Mr Hicks, has been published online to make it clear where he ought to go. The fans' view can be summarised thus: away, and soon." It was claimed that the video was watched 400 000 times in 42 hours.
On October 15, 2010, Hicks lost ownership of Liverpool. Despite numerous attempts to prevent it, the club was sold to New England Sports Ventures (NESV), for a fee believed to be around £300 million, which was far below Hicks' valuation of "between £600M and £1 billion (B)", by the club's board of directors in a 3–2 vote. Hicks is pursuing a (max.) £1 billion suit against NESV and Kop Holdings for damages, claiming that, "This outcome... devalues the club..." and suggesting that he had been the victim of an "epic swindle". From the time the club had been put up for sale, however, it had been widely reported that the fee that Hicks and Gillett were asking for was unlikely to be achieved. The Wall Street Journal pointed out that the asking price of £600–800 million took no account of the fact that a new owner would have to spend £375 million building the new stadium which Hicks and Gillett had promised and failed to deliver. The Daily Telegraph suggested that Hicks and Gillett were unlikely to achieve their estimated price because everyone knew that there was huge debt at the club and that these debts were due to be called in very shortly, meaning that the bankers would subsequently put the club into administration and then sell off the club at a bargain price anyway. The likelihood of the club being placed in administration increased once, on September 7, 2010, the Royal Bank of Scotland, Hicks's main creditor, placed the Texan's indebtedness in the toxic debt category as he was considered unable to find refinancing or to pay off the debt. In the end, none of the offers made were anywhere close to Hicks and Gillett's valuation and with the threat of administration looming the club was sold for £300 million. This meant that the sale in 2010 fetched £80 million more than Hicks and Gillett had paid for the club in 2007, but because more than £200 million worth of debt had been piled on to the club, resulting in huge interest rates and penalty payments, the outgoing owners ended up losing an estimated £144 million on their investment.
Liverpool fans were delighted to hear that the club had been sold. Steve Horner, from the fans' group Kop Faithful, declared, "It’s like a huge cloud has been lifted off us... Hicks and Gillett leave with no legacy, apart from one of chaos." The chairman of Liverpool Supporters Club, Richie Pedder, announced to the Liverpool Echo, "This is the start of a new era. A lot has been taken off the club’s shoulders now. Good riddance to Hicks and Gillett." Former Liverpool player Tommy Smith expressed his joy at the departure of Hicks and Gillett in his regular newspaper column: "But today they are out of our club – and I’m as happy as every one of the Liverpool fans who’ve made it clear they’re so sick of them. All they were ever interested in was making money – not in owning what is for me the greatest football club in the world, investing in it properly and taking good care of it. Good riddance." After selling the club, Hicks admitted that his relationship with the fans had been strained: "Something went wrong with my ability to communicate with the fans. I am saddened by it."
In the two years before Hicks and Gillett took control of the club, Liverpool won the UEFA Champions League in 2005 and the FA Cup in 2006 under manager Rafael Benítez. In the three-and-a-half years in which Hicks and Gillett owned the club, they won not a single trophy and at the time they left Liverpool the club were in the relegation zone of the Premier League standings. Hicks denied this claim, declaring that during his reign Liverpool's net spend on player transfers was £150 million (sometimes cited as $150 million). The newspaper The Sunday Mirror calculated that the net spend probably did not exceed £25.1 million and has accused Hicks of "creative accountancy", stating "what is irrefutable is that Hicks has exaggerated the net spend by probably close to six fold".
During Hicks and Gillett's period of ownership, the club struggled to meet the interest payments on the loans taken out as part of the leveraged buy-out. Christian Purslow, managing director of Liverpool since June 2009, publicly stated in September 2010 that the debt was an important burden for the club because it limited investment in players: "The issue is that too much of that profit is being used to service loans put into place when the club was bought." Hicks admitted after the sale that the club's debt was too great but argued that he had not been given sufficient time by his main creditor, the Royal Bank of Scotland, to repay the debt: "It has a little bit too much debt, no question. But we were going to fix that and we were frustrated by others." He has also suggested that the Royal Bank of Scotland prevented him paying back the debt to them: "I can't go into the details but I can confirm the funds were available to pay off Royal Bank of Scotland entirely but between Royal Bank of Scotland, the chairman and the employees that conspired against us, they would not let us."
After more legal trouble with his other sports team, Hicks decided not to pursue his claims of a conspiracy against him. On January 11, 2013, Hicks and Gillett finally decided to drop their case in the English law courts against Sir Martin Broughton, Christian Purslow and Ian Ayre, the three directors on the club's board of directors at the time of the sale of the club to NESV; they also agreed to drop their case against NESV and RBS Bank. The terms of the agreement are confidential, though it is believed that no monies were paid to Hicks or Gillett. Earlier in the week, Hicks and Gillett had lost a Court of Appeal bid to delay a High Court trial so they could have more time to raise the money needed to fund the multi-million pound lawsuit.
In addition to donating the land for aforementioned school in Frisco, Hicks donated a gymnasium to the St. Mark's School of Texas in Dallas. Hicks was also the 1996 co-chair of the Dallas Jewish Coalition for the Homeless "Vogel Alcove" project, and received the 2000 Henry Cohn Humanitarian Award from the Anti-Defamation League.
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About Aaron's Rome, Georgia
When you want name brand furniture, appliances, and electronics you don't need credit* – all you need is Aaron's! Stop by our store located at 148 Hicks Dr SE and shop the latest deals on rent to own furniture, appliances, electronics and more. When you visit the Rome, Aaron's, you’ll find everything you need for the home you’ve been dreaming of. Envision the perfect living room, bedroom, and dining room, or your very own washer and dryer -- even a powerful entertainment system for the big game or those blockbuster movie nights! Aaron’s offers the best brands on the market, like Ashley Furniture, GE Appliances, Samsung and more, to make your home a haven! When you shop at an Aaron’s store, you can always count on the Aaron's Low Price Guarantee†, flexible lease ownership plans, and no credit needed* to get the very best products for your home. With our knowledgeable staff and multiple shopping options (we’re online, too!), we are proud to offer the highest level of customer service. Visit the Aaron's store located in Rome, GA today or shop 24/7 at Aarons.com!
Frequently asked questions
Leasing to own from Aaron’s can be a great way to get what you want right now. We offer a simple lease program where you make periodic renewal payments, and if you make all of the lease renewal payments or complete an early purchase option, you will own the merchandise. Leasing is a convenient way to get the items you want without a big upfront payment, using credit, or making a long-term commitment. Aaron’s offers a great selection of name brand products, with affordable payments and flexible choices on how to own your merchandise. Aaron’s provides a rental purchase agreement, lease purchase agreement, consumer rental purchase agreement, rent to own agreement, lease agreement with an option to purchase, or lease as applicable by state. It is not a loan, credit, or financing. While no credit history is required for Aaron’s different digital approval processes, we do obtain information from consumer reporting agencies in connection with your lease application.You will not own the leased merchandise or acquire ownership rights unless you make all your lease renewal payments or exercise an early purchase option. Not all applicants are approved.
Complete an application online at Aarons.com if you would like to shop and lease online, or, if you prefer to shop in store, you can either complete an application in the store or at apply.aarons.com to determine your in-store Leasing Power™ before visiting the store.
When you apply online at Aarons.com you may be asked for the following:
• Name and contact information (address/phone)
• Residence information
• Government issued ID
• Income information
• References contact information, if applicable
To apply in-store or find out your in-store Leasing Power™ at apply.aarons.com you may be asked for the following:
• Name and contact information (address/phone)
• Government issued ID
• Income information
• Residence Information
• References contact information, if applicable
Delivery times vary based on the merchandise selected. The expected delivery time will be displayed during the checkout process. If you have already completed your order, you can find the expected delivery time on the "Aaron's Order Confirmation email".
Your local store will call you to schedule your free delivery of your merchandise at a time that’s convenient for you.
After completing your order, we will send you a confirmation email titled "Aaron's Order Confirmation". At the top of that email is a blue "Track Order" button. If you have additional questions, please contact us at 1-888-333-3785.
Yes! While you are leasing from Aaron’s we will move your merchandise for you provided you are moving within 15 miles of your current residence.
Aaron's accepts cash, checks, money orders, and all major credit cards at most locations.
If you are ever shopping and see that one of our local competitors has a lease to own deal that's lower than Aaron's, we'll be happy to offer our Low Price Guarantee. Our Low Price Guarantee promises that we'll meet or beat any local rent to own competitor's advertised total cost of lease ownership on the same item or we'll give you $100 in cash! †
“No Credit Needed” means that you don’t necessarily need to have any established credit history to be approved for a lease. We do check credit sources; however, we look at many other data points to make a final decision, and we regularly approve customers that other stores won’t, including customers with less than perfect credit or very little credit history.
Yes, online leasing is not available in all areas. Your delivery address must be within 30 miles of a participating Aaron's store. To find your local store, please visit our Store Locator. Unfortunately, there are a few areas that we are unable to service. We rely on our stores to make your leasing experience personal and reliable. If there is not a store in your area, we could not provide the red-carpet service that you deserve.
Once your item has been delivered, you can contact your local store to schedule a time for return or pick-up as stated in your agreement. However, you will not receive a refund. But don’t forget about our lifetime reinstatement benefit; you can restart your lease anytime you like on the same or comparable value merchandise (excludes lawn equipment). See a store associate for complete details.
EZPay is an automatic payment system where your renewal payment is automatically paid each month, on the date you select, using your debit or credit card, so you never have to worry about missing a payment again. See your local store to sign up.
Aaron's Club is a convenient membership program that protects your lease and gives you great discounts on restaurants, shopping, health and wellness programs and more! Learn more here.
Hicks Gas & Food Inc
Hicks Gas & Food Inc in Rolling Meadows, Illinois, IL
Hicks Gas & Food Inc Address: 2059 Hicks Road, Rolling Meadows, IL 60008, United States Phone: +1 847-358-8686
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Pay hicks online gas
Power You Can Depend On
New to AmeriGas? Get a quote in minutes! Already a customer? Log in to your account!
New to AmeriGas? Get a simple quote in minutes. Already a customer? Log in to manage your account, order propane, and more!
Get Your Online Quote Now click here to get an online quote Existing Customers click here to get a quote if you're an existing customer
Propane power can fuel your life—in your home, around your yard, and on the go.
PROPANE FOR YOUR HOME
Where comfort meets efficiency
Powering your home is about more than lights and appliances. It's about your family's comfort and security; it's about affordability, finding efficiencies, and trusting your propane supplier to help you get the most out of your home.
PROPANE FOR OUTDOOR LIVING
Outdoor living at its most comfortable
From generators to outdoor heating to family BBQs, AmeriGas powers your life beyond the four walls of your home. With propane, you can comfortably enjoy your outdoor spaces, hobbies, and favorite activities all year long.
Never miss your Hicksgas Propane bill again.
Frequently Asked Questions
Is Prism affiliated with Hicksgas Propane?
No, Prism is not affiliated with Hicksgas Propane. Prism is a standalone bill pay service that lets you track and pay all of the bills you have for all of your billers.
What are the options to view and pay my Hicksgas Propane bill?
There are several options to pay your Hicksgas Propane bills. You can either pay online at Hicksgas Propane's website, or you can use Prism's mobile app to pay all your bills.
Can I check my Hicksgas Propane bill from my mobile phone?
Yes, Hicksgas Propane's website can be viewed from your phone. In addition to that, you can also use Prism to see not only your Hicksgas Propane bill, but also all the rest of your monthly bills in one app.
How do I pay my Hicksgas Propane bill online?
In order to pay online, you must create an account on the Hicksgas Propane online website. Please visit Hicksgas Propane's website for more details on how to register.
What forms of payment does Hicksgas Propane accept?
Hicksgas Propane accepts the following forms of payment:
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We offer a variety of customer service programs to benefit the needs of our customer. Click here to view the Customer Service & Collection Policy
- HEAT PUMP & NATURAL GAS FINANCING PROGRAM - We offer to qualified buyers lower than bank rate of financing for up to 10 years to install the most efficient heating and cooling system in your home.
- EQUAL MONTHLY PAYMENT PLAN (EPAY) – Pay your electric bill in 11 equal payments. Sign up in the month of June.
- DELAYED PAYMENT PLAN - For qualified senior citizens this program allows you to pay your electric bill on the 5th of the month.
- ELECTRONIC FUNDS TRANSFER (EFT) – You can have the amount of your electric bill automatically drafted from your checking account.
- CREDIT CARD PAYMENT - At our main office, we accept Master Card, Visa & Discover. Please note that as of February 01, 2018 SUB will no longer absorb credit card fees.
- SECURITY LIGHTING – We have a variety of different sizes and prices for outdoor lighting.
- GOOD NEIGHBOR PROGRAM – A monthly donation that can be added to your payment to help those less fortunate to stay warm in the winter.
- GREEN POWER - We participate with TVA to give you the ability to buy electricity that is generated from clean, renewable resources. Just visit greenpowerswitch.com or call our office for more details.
- ENERGY LITERATURE – We have several informative brochures available that pertain to our electric and gas services.
- PAY AT BANKS – Several area banks accept payment in full for your utility bill. Current banks accepting payments are:
- Volunteer Federal
- Athens Federal
- Peoples Bank
It is the policy of the Sweetwater Utilities Board that all its services and activities be administered in conformance with the requirements of Title VI of the Civil Rights Act of 1964.
Board of Directors
|Vice Chairman||L.D. Moree, Jr.|
|Secretary||Billy Wayne Stockton|
Questions or Concerns
For any questions or concerns please contact one of our Customer Service Associates at 423-337-5081 option #3
TVA provides regulatory oversight for your local power company’s rates and service practices. If you have an issue or complaint that you have not been able to resolve with your local power company, TVA’s Complaint Resolution Process may be able to help.
There are three ways to begin the process: