Tennessee Valley Authority (TVA)

The Tennessee Valley Authority (TVA) is a federally-owned electric utility that serves 10 million people in Tennessee and parts of six surrounding states, as well as directly to 58 large industrial customers and federal installations. TVA is a wholesale power provider to 153 local power companies across its seven state territories.

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TVA Documents Reveal New Details About How America’s Major Utilities Fight Clean Air Regulations

Over the last two years, an obscure group of utilities called the Power Generators Air Coalition (PGen) has quietly opposed numerous environmental protections proposed by the Biden administration, including rules to regulate greenhouse gasses, nitrous oxide, and particulate matter pollution. The Tennessee Valley Authority (TVA) paid $140,000 in membership dues to PGen in 2021, according...

As Customers Struggled, Utility CEOs’ Pay Spiked Last Year

While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over $647 million in 2023, an increase of 9 percent over 2022, an analysis by the Energy and Policy Institute has found. The CEOs for the...

Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022

Investor-owned electric and gas utilities paid their CEOs $3.2 billion between 2017 and 2022, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 57 companies reviewed for this analysis received more than $578 million in 2022. Total utility CEO compensation declined from last year, as it did for most other...

Utility CEOs received $2.7 billion in executive compensation from 2017 – 2021

Investor-owned electric and gas utilities paid their CEOs $2.7 billion between 2017 and 2021, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 58 companies reviewed for this analysis received more than $629 million in 2021, a nearly 40% increase from the $451 million paid in 2017. That is far...

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