TVA Update

Federal regulators have slapped the biggest combined civil penalties ever against the Tennessee Valley Authority for a handful of violations of federal regulations during the restart of one of its Tennessee nuclear reactors. timesfreepress.com/news/busi…

With power consumption down and rainfall up this year, fuel costs for the Tennessee Valley Authority have dropped to the lowest level since the utility began adjusting monthly prices for fuel expenses. timesfreepress.com/news/busi…

Environmental groups are suing the Tennessee Valley Authority over long-term partnership agreements signed by local power companies that receive electricity generated by the nation's largest public utility. timesfreepress.com/news/brea…

The TVA board, under fire for paying its CEO the richest compensation package of any federal employee in America, will review what it pays TVA President Jeff Lyash and consider possible changes in its executive compensation. timesfreepress.com/news/busi…

TVA expects to spend billion of dollars over the next two decades to clean up the coal ash left from more than a half century of coal-fired power generation. timesfreepress.com/news/busi…

During a press briefing from his golf club in Bedminster, New Jersey, Trump said TVA "changed course totally" at his urging and rescinded layoff notices given to IT workers whose jobs were scheduled to be done by three outside contractors. timesfreepress.com/news/busi…

TVA has reversed its earlier decision to lay off about 100 workers in its information technology division and agreed to keep the workers on staff after receiving pressure from the White House, labor unions and Trump supporters. timesfreepress.com/news/brea…

Linda McDonald was among a half dozen soon-to-be displaced TVA IT workers who got to take their concerns and fears to President Donald Trump, Vice President Mike Pence and other administration officials. timesfreepress.com/news/busi…

The Tennessee Valley Authority estimated Tuesday that the coronavirus cut its revenues by $130 million in the first part of 2020 and will likely reduce revenues by another $100 million in the balance of its fiscal year, which ends Sept. 30. timesfreepress.com/news/busi…

Trump signed an executive order Monday limiting any federal agency from using workers with H1-B1 visas to replace U.S. workers. timesfreepress.com/news/busi…

President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority claiming it has betrayed American workers. timesfreepress.com/news/brea…

TVA and other Southern utilities are discussing ways to break down some of their territorial service limits as part of a new power exchange that TVA projects could save at least $10 million a year for TVA ratepayers. timesfreepress.com/news/busi…

A national organization opposed to importing information technology workers has taken to the airwaves to try to convince President Trump to stop the Tennessee Valley Authority from outsourcing much of its IT division. timesfreepress.com/news/busi…

TVA is taking its home energy audit program online using virtual visits with smart phones in individual homes. The pioneering venture is already helping to cut electricity bills and could serve as a model for other utilities. timesfreepress.com/news/busi…

In the high-stakes power battle to keep its biggest customer, TVA is sweetening its offerings to Memphis and also providing a potential way for customers to avoid some of the rate increases they thought were ahead. timesfreepress.com/news/busi…

Impacted employees will receive their formal layoff notices later in July, which will begin a 90-day transitional period where they will continue to receive full pay and benefits. timesfreepress.com/news/busi…

America's newest commercial nuclear power plant is also the first for the Tennessee Valley Authority to have a female plant director. Beth Jenkins is now plant manager of TVA's Watts Bar Nuclear Plant. Read more about her here: timesfreepress.com/news/busi…

TVA recently withdrew its permit to store coal ash at the Bull Run power plant in Anderson County, which had drawn criticism from some local residents concerned about the lingering effects of the potentially toxic material being stored near a creek. timesfreepress.com/news/busi…

Rather than save $122 million a year as the energy consulting firm Siemens projected, TVA estimates Memphis Light Gas & Water would end up spending $261 million a year more if it leaves the TVA fold, boosting rates by over 20%. timesfreepress.com/news/busi…

The contract flexibility is expected to spur more solar and other renewable power generation in local communities, especially if solar panels and wind turbines continue to become more efficient with relatively cheaper power. timesfreepress.com/news/busi…