Solar Valley Coalition
GAO/AIMD/RCED-95-134 Produced in August of '95
http://www.gao.gov/new.items/d06810.pdf
Title: Tennessee Valley Authority Financial Problems Raise Questions About Long Term Viability
From this GAO Report:
"TVA’s plan includes the capital expenditures it believes will be needed to expand capacity of existing
generating facilities to meet the growing demand for power in its service area through 2015; however, any
new or unplanned expenditures prior to 2015 could lessen TVA’s ability to achieve the $7.1 billion goal. By
2015, TVA has estimated that it will need more baseload generation to meet growth in demand. TVA
officials are considering a number of options to meet this projected increase in demand for power, including
partnering with outside parties to build new generation. TVA’s current projections assume that it will not
invest in any new generation through 2015 other than restarting Browns Ferry Nuclear Plant Unit 1;
however, any new or unplanned capital expenditures could use cash otherwise intended to be used to
reduce financing obligations." (pg 2) NOTE that Watts Bar was not in the 1994 Plan as reviewed by GAO.
Office of Management and Budget's comment on TVA before TVA's 2004 strategic plan.
TVA Finances & Debt
Direct-access Notes from the Nation’s Largest Public Power Provider. Presentation to: The 25th Annual
LaSalle Fixed Income Symposium and Exposition January 2007