The Tennessee Valley Authority is generating twice as much hydroelectric power, due to unseasonably wet weather. Turbines at the utility’s 29 dams have been running non-stop all summer. That means TVA can’t inspect them, as scheduled.
TVA To Charge Customers More For Electricity As Demand For Power Slumps
Electricity bills are going up soon. Today, the Tennessee Valley Authority approved its first rate increase in two years.
TVA: $120M Drop In Power Sales The Start Of A Long-Term Trend
The Tennessee Valley Authority says its customers are using a lot less power. Mild weather means people aren’t running their air conditioners as much. But the federally owned utility says it’s starting to see a long-term downward trend.
TVA To Meet With Budget Officials On Privatization For The First Time
TVA executives will hold their first face-to-face meetings with the Obama Administration Tuesday about possibly privatizing the public utility. The idea was floated in the President’s budget plan.
Proposed Sale Makes It Hard For TVA To Borrow Cash
Just as the Tennessee Valley Authority is looking to borrow lots of money this year, the cost of doing that is going up. It’s a reaction to the suggestion that TVA should be privatized.
Alexander’s Reasoning For Keeping TVA In Federal Hands: It Has All The Tritium
Sen. Lamar Alexander is now raising national security concerns over the possible sale of the Tennessee Valley Authority.
TVA Done With Sequoyah Maintenance
Work on the Sequoyah Nuclear Plant’s Unit Two reactor is finished ahead of schedule and under budget.
Power Transitions at TVA
The new year means a new CEO for the Tennessee Valley Authority. Bill Johnson takes over the $11 billion public utility after being hired in November.
Without Board Quorum, Incoming TVA CEO Gets New Powers
TVA’s board is supposed to have nine members; it’s already short three. Two more will go when Congress adjourns, leaving the board without enough members to do business.
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