About this ebook
Reviews several issues pertaining to the Tennessee Valley Authority's (TVA) financial condition. Increasing competition in electricity markets led TVA management to develop a 10-year business plan in 1997 to position TVA to be more competitive. Among the objectives in the plan was reducing TVA's cost of power, primarily by cutting its $27.4 million debt in half by 2007. This report examines TVA's (1) progress in reducing debt and recovering the costs of deferred assets, (2) financial condition, including debt and fixed cost ratios, compared to that of other utilities, and (3) potential stranded costs, options for recovering them, and how they are linked to TVA's debt. Charts and tables.
Reviews several issues pertaining to the Tennessee Valley Authority's (TVA) financial condition. Increasing competition in electricity markets led TVA management to develop a 10-year business plan in 1997 to position TVA to be more competitive. Among the objectives in the plan was reducing TVA's ...
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