Director Glenn L. McCullough, Jr. (seated), Chairman Craven Crowell,
Director Skila Harris
has been described as the greatest engineering achievement of the 20th
century. TVA is continuing to lead the way in ensuring that electricity
remains the best energy value of the 21st century.
What is value,
and how does TVA value improve quality of life for the people it serves?
For customers of TVA power, value means abundant, high-quality electricity
that is competitively priced and reliably delivered by a company dedicated
to the highest standards of customer service. For distributors of TVA
power, value means continually improving TVA products and services to
help the distributors and other businesses in the Tennessee Valley prosper
and grow in rapidly changing markets.
For TVA stakeholders,
value means fulfilling TVAs mission to be the leading resource
management agency for the Valley and a catalyst for strong economic
growth. For those in the electric utility industry, value means developing
and sharing innovative breakthroughs in energy technology and environmental
protection that will benefit the entire nation.
In each of these
areas, fiscal year 2000 saw TVA continue to provide value to the people
Value in powering our regional
Electricity is the fuel that powers our nations economy and enables
a high quality of life. Since the price of electricity is part of the
cost of virtually every product and service, continued economic growth
depends on clean, dependable power that is competitively priced. TVAs
strengths as a reliable, low-cost producer are a significant factor
in the unprecedented prosperity and low unemployment of the Tennessee
Valley region. By producing power as economically as possible, TVA helps
consumers meet their energy needs affordably and supports businesses
across the Valley in pricing their products and services competitively.
greater energy demand in the future, TVA continues to make the capital
investments necessary to ensure that customers will have the energy
they need to run their homes and businesses efficiently. The summer
of 2000, during which TVA again met new peak demands without service
interruptions or power curtailments, demonstrated TVAs ability
to meet growing customer demand without disruption, thanks to the excellent
performance of TVAs power system. Our nuclear plants, in particular,
have earned a reputation for excellence and continue to serve as a benchmark
for nuclear programs around the country. The performance of TVA Nuclear
mirrors the outstanding achievements of TVAs hydro and fossil
generating plants and our extensive transmission system.
Year in and year
out, TVAs excellent reliability minimizes energy interruptions
that can reduce industrial production and idle Valley workers. TVAs
high-quality power assures a supply that consistently meets the increasingly
strict technical requirements of todays advanced electronic equipment.
TVAs competitive pricing keeps energy costs low and enhances its
customers prospects for success in global markets. And TVAs
commitment to continuous improvement is reflected in our responsiveness
to customers and the continual adaptation of our products and services
to better suit customers needs.