News & Videos - TENNESSEE VALLEY AUTHORITY

TVA Reports Second Quarter Fiscal Year 2024 Financial Results PR Newswire KNOXVILLE, Tenn., April 30, 2024 Register now for today's 9:30 a.m. ET conference call discussing TVA's second quarter financial results. TVA reported $5.9 billion in total operating revenues as sales of electricity increased approximately 3% compared to the same period last year. Total operating revenues decreased 1% primarily due to a decrease in fuel cost recovery revenue, driven by lower fuel and purchased power...

TVA Reports Third Quarter Fiscal Year 2023 Financial Results PR Newswire KNOXVILLE, Tenn., Aug. 1, 2023 Key Points - • 4th consecutive year of no increase in TVA's base rate - helping to keep customers' bills low. • TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits. • TVA has one of the nation's largest, most diverse, and clean power systems which helps keep rates stable despite higher fuel...

TVA Reports First Quarter Fiscal Year 2023 Financial Results PR Newswire KNOXVILLE, Tenn., Jan. 31, 2023 Key Points Power sales were up 3% driven by weather impacts from Winter Storm Elliott and continued strong economic growth in the Tennessee Valley. TVA returned $53 million in pandemic credits to customers – part of more than half a billion dollars in support returned to communities since the start of the pandemic. TVA's diversified power system continued to help keep rates low despite...

TVA Reports Fiscal Year 2022 Financial Results PR Newswire KNOXVILLE, Tenn., Nov. 15, 2022 Key Points Power sales were up 3% due in part to demand growth in the region. TVA kept base power rates flat for the 3rd consecutive year in 2022, and returned $228 million in pandemic credits to customers, helping keep power rates low. TVA's diversified power system continued to keep customer rates low despite higher fuel prices, with 52% of TVA's power supply coming from nuclear, hydroelectric and...

TVA To Discuss Fiscal Year 2022 Financial Results PR Newswire KNOXVILLE, Tenn., Nov. 8, 2022 KNOXVILLE, Tenn. , Nov. 8, 2022 /PRNewswire/ -- WHAT: The Tennessee Valley Authority will host a conference call for the financial community and news media to discuss results for the fiscal year 2022. WHO: President & CEO Jeff Lyash Executive Vice President, Chief Financial and Strategy Officer John Thomas WHEN: 9:30 a.m. ET, Tuesday, November 15, 2022 WHERE: The event will be conducted as a webcast and...

TVA Launches Inaugural Green Bond Offering, Sets Interest Rate Record - Key Points -- - TVA's first green bond offering sets a TVA record for lowest 10-year interest rate. - Proceeds from the sale will fund TVA's capital investment in renewable energy projects, battery storage, development of advanced clean energy technologies, and transmission system enhancements. - Similar financial instruments developed under TVA's Sustainable Financing Framework will support the implementation of TVA's...

AEP, Dominion Energy, Duke Energy, Entergy Corp., Southern Co. and Tennessee Valley Authority Plan to Add Electric Vehicle Fast Chargers to Connect Atlantic Coast, Midwest, Gulf Coast and Central Plains Destinations PR Newswire COLUMBUS, Ohio, March 2, 2021 COLUMBUS, Ohio , March 2, 2021 /PRNewswire/ -- Six major utilities today announced a plan to ensure that electric vehicle (EV) drivers have access to a seamless network of charging stations connecting major highway systems from the Atlantic...

Obama budget talks sale of largest public utility NASHVILLE, Tenn. (AP) — The Obama administration's 2014 budget is calling for a strategic review of the ......