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Tag Archives: Ken Breeden

Electricity: A powerful bargain

Back in 1933, when the Tennessee Valley Authority began, the average price of a new home was $5,700. A loaf of bread cost 7 cents, a gallon of gasoline was 10 cents and a major daily newspaper in Tennessee was only 3 cents. A kilowatt-hour of electricity was even less — about 1.6 cents. Today, a kilowatt hour from TVA ...

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