Post Tagged with: "heatwave"

No Rate Increase Planned, But TVA in the Red

August 3, 2012 at 12:12 pm

This summer’s heatwave means TVA is selling more electricity to power companies. In the last three months, the public utility racked up nearly 2.8 billion dollars in sales. That’s up four and a half percent from a year ago. Even so, Chief Financial Officer John Thomas says TVA is running in the red.