TVA Delivers Strong Financial Results and Strengthens Partnerships in FY 2019
November 15, 2019
November 15, 2019
KNOXVILLE, Tennessee, Nov. 15 -- The Tennessee Valley Authority issued the following news release:
The Tennessee Valley Authority reported $11.3 billion in operating revenues for fiscal year 2019, a one percent increase over fiscal year 2018. The financial performance reflected lower sales based on overall milder weather in 2019 than in 2018, and lower fuel cost recovery revenues, offset by higher base rates.
"TVA's success at reducing costs and reducing debt while . . .
The Tennessee Valley Authority reported $11.3 billion in operating revenues for fiscal year 2019, a one percent increase over fiscal year 2018. The financial performance reflected lower sales based on overall milder weather in 2019 than in 2018, and lower fuel cost recovery revenues, offset by higher base rates.
"TVA's success at reducing costs and reducing debt while . . .