UT report: TVA would be broken up if sold

by Associated Press

Published: June 25,2013

Tags: divest, electricity, energy, federal government, light, power, power distribution, power generation, sale, sell, utility

KNOXVILLE, Tenn. — A new University of Tennessee report finds that if the federal government decides to go ahead with divesting the Tennessee Valley Authority, the public utility could be broken up among several private power generators in the region.

The study conducted by the school’s Howard H. Baker Jr. Center for Public Policy was released yesterday. It finds that it would be unlikely that the Federal Energy Regulatory Commission would approve the sale of the entire TVA to a single company.

President Barack Obama’s 2014 budget proposal calls for a strategic review of the TVA, the nation’s largest public utility with nine million customers in seven states from Virginia to Mississippi.

The TVA was created in 1933 to control flooding and bring electricity to rural Appalachia.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Still planning that summer vacation?

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: