News Tagged ‘raising power rates

TVA cuts incentive programs for all employees

Tennessee Valley Authority (TVA) employees from the highest ranking officers to the bottom-level employees will not receive annual incentive awards for the fiscal year in anticipation of increased expenses and plummeting revenues, according to a memo issued by the TVA and reported by Chattanooga, Tennessee’s WRCB-TV.

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Will customers have to pay for TVA’s coal ash disaster?

The Tennessee Valley Authority (TVA) may turn to its residential customer base to help pay for the escalating costs to clean up the widespread damage caused when one of its coal ash ponds failed last December, pouring more than a billion gallons of toxic ash and sludge onto 300 acres of rural east Tennessee, according to the Jackson Sun.

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