TVA sets second highest winter peak

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  • SVEC

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    TVA sets second highest winter peak

    Tuesday, Jan. 7, was an all-time record energy day for TVA using 703 gigawatt-hours over the 24 hour period. That equates to an average hourly demand across the entire day of 29,300 megawatts. Monday, Jan. 6, was TVA’s fourth-highest energy day at 678 gigawatt-hours. “We appreciate all the efforts by our local power companies to reduce voltage, along with any appeals for power conservation locally during the heaviest demand period Tuesday morning,” the statement read. Many Tennessee co-ops took action to conserve energy in their own facilities and requested that members do the same via media releases and social media. […]

  • TVA

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    FPU earns high marks on TVA compliance audit

    Fayetteville Public Utilities (FPU) has received high marks after an exhaustive audit performed by Tennessee Valley Authority’s Distributor Compliance Group. During a presentation to FPU’s board of directors, Walter Haynes, representing TVA, told board members that FPU’s compliance audit was “one of the cleanest” he has seen since TVA began performing compliance assessments of each of TVA’s local power companies. “The compliance audit that TVA does is an audit that looks at the operations of Fayetteville Public Utilities to determine if you are in compliance with the wholesale power contract that you have with the Tennessee Valley Authority,” he explained.  […]

  • TVA

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    TVA board approves budget, rate increase

    KNOXVILLE, Tenn. ― The Tennessee Valley Authority board of directors approved a $10.5 billion fiscal year 2014 budget at its meeting Thursday and a 1.5 percent retail rate increase – TVA’s first increase in two years.  Less than the economy’s modest growth in inflation since TVA’s last rate increase in 2011, the rate adjustment will add about $1.50 to the monthly power bill of a residential consumer using 1,000 kilowatt-hours of electricity. “While we never like to raise rates, this small adjustment is necessary to meet our 2014 revenue requirements and operate our system safely and reliably,” said TVA President […]

  • freedom

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    Freedom to choose

    Choices. Not quite as American as apple pie, but pretty close. Given the foundations and the relative wealth of our nation, we’re accustomed to having lots of choices in just about everything we do. We like to have choices, whether it’s selecting a movie to watch, buying a car, or deciding on chocolate, vanilla, strawberry or one of the 28 other flavors. Other choices are more complex and have long-lasting consequences. One of our most complicated choices involves producing enough energy and getting that energy into your home. This continuous process involves thousands of co-op member- owners and employees across […]

  • Buffalomountain

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    Watching wind grow

    Wind energy development in the United States is rushing past recent growth records. For example, 6,819 megawatts of generating capacity were installed in 2011; in 2012, that figure jumped to more than 13,000 MW, according to the American Wind Energy Association. In total, the U.S. has more than 60,000 MW of installed wind power capacity. Since 1 MW powers 750 to 1,000 average homes, more than 45 million American residences could be powered by wind. I say “could be” because wind doesn’t blow constantly. In fact, in our part of the country, there are very few places where the wind blows consistently enough […]

  • David Callis serves as Vice President of Statewide Services for the Tennessee Electric Cooperative Association

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    Federally Owned – Ratepayer Built

    by David Callis, Executive Vice President and General Manager for the Tennessee Electric Cooperative Association When you’re immortalized in song, you can reasonably assume that you’ve made it. When a government agency is immortalized in song, well, that’s profound. The group Alabama did just that for the Tennessee Valley Authority with their 1988 hit, “Song of the South.” One verse reads, “Well Momma got sick and Daddy got down. The county got the farm and they moved to town. Papa got a job with the TVA. He bought a washing machine, then a Chevrolet.” Simplistic as it is, the song […]

  • electric-transmission-lines12

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    TVA Provides $530 Million in Tax Equivalent Payments in 2011

    The Tennessee Valley Authority paid $529,634,769 in tax equivalent payments in fiscal year 2011 to states and local governments where it sells electricity or has power properties. TVA provides tax equivalent payments annually in the eight states where TVA sells electricity or owns generating plants, transmission lines, substations and other assets, and directly to 144 local governments where TVA has acquired existing power facilities. “As part of TVA’s service-based mission outlined in the TVA Act of 1933, these payments provide revenues that help spur economic development and support stronger communities in our service area,” said TVA President and CEO Tom […]

  • electric-transmission-lines12

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    TVA board approves October rate increase

    On Thursday, Aug. 18, the Tennessee Valley Authority board of directors approved a wholesale rate increase that took effect on Oct. 1. The average cooperative residential member (using 1,000 kilowatt-hours per month) saw a $1.60 increase on monthly electric bills. TVA is raising electric rates to meet the power requirements in the Valley, make nuclear safety modifications following the earthquake in Japan, improve cybersecurity and continue investing in clean-air initiatives and energy efficiency. “These strategic investments are key to providing reliable, low-cost electricity now and into the future while being responsible stewards of Tennessee Valley resources,” said Tom Kilgore, TVA […]