CHATTANOOGA, TN. (WDEF)- Cutting rates and doubling internet speeds---the Electric Power Board has announced some major changes in its fiber optic service to Chattanooga.
Political and business leaders got the news Tuesday morning.
If you always wanted that one gig internet speed offered by EPB but couldn't afford 300-bucks a month, you might be able to afford it now.
Medical groups, doctors, hi-tech companies and businesses may take a second look, now that its only 70-dollars a month.
EPB calls it "a birthday gift to the community".
HAROLD DEPRIEST, PRES. & CEO, EPB "This is our little bit and it is a little bit ..But its our little bit to make Chattanooga a better place to live and to work and to play."
EPB is celebrating 4 years of fiber optic service Gig City, the informal name for Chattanooga among information technology folks.
The country's fastest Internet will be more accessible than ever.
Customers with 50 megabit service will automatically be boosted to 100.
One hundred and 250 megabit customers will go to a gig.
And instead of 300 dollars a month for the nation's fastest internet, it'll cost 69-dollars and 99 cents.
SHELDON GRIZZLE, DIR.OF GIG TANK "We don't know exactly where all this is going yet. We're making really, really good steps and we're attracting new talent, new ideas, new capital which is going to be the lifeblood of the next 20 years."
EPB's Harold DePriest says the city-owned utility found that with more than 55-thousand customers it can afford to offer that service at a more reasonable price.
MAYOR ANDY BERKE, CHATTANOOGA "To me, its really about what we do with it now. Because I think you will see as we move on that we'll have more innovations than every before in our community."
MAYOR JIM COPPINGER, HAMILTON COUNTY "What we're doing for the 42-thousand students in Hamilton county is we're making available for them this service, helping to prepare them for the economic situation globally."
Some might say EPB is rubbing it in on other cities by making the Chattanooga system more accessible.
Even the average household internet speeds are 10 times faster than the national average.
RICK MONTAGUE, BOARD MEMBER, CHATTANOOGA HISTORY CENTER "Chattanooga has never worked better, looked better, acted better or had a better national and international profile than it does right today."
Harold DePriest says EPB will also lower business rates but that will be done on a case by case basis.
He said the work will be completed by October 1st.