TVA Reports Second Quarter 2020 Financial Results
May 06, 2020
May 06, 2020
WASHINGTON, May 6 -- The Tennessee Valley Authority issued the following news release:
The Tennessee Valley Authority reported $5.1 billion in total operating revenues on 74.1 billion kilowatt-hours of electricity sales for the six months ended March 31, 2020. Sales of electricity were about 3% lower as total degree days impacted by overall heating and cooling were 11% below the same period in the prior year. Total operating revenues decreased about 7% from the same period of the pr . . .
The Tennessee Valley Authority reported $5.1 billion in total operating revenues on 74.1 billion kilowatt-hours of electricity sales for the six months ended March 31, 2020. Sales of electricity were about 3% lower as total degree days impacted by overall heating and cooling were 11% below the same period in the prior year. Total operating revenues decreased about 7% from the same period of the pr . . .