Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.

The Tennessee Valley Authority (TVA), facing a near-$1 billion bill for the cleanup of a massive coal ash spill at its Kingston, Tenn., coal-firing plant, a pension shortfall, waning power sales, and court-ordered environmental upgrades, says it will increase electric rates, borrow up to $3 billion over three years, and cut spending in order to pay its due.

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