Quick Index Annual Report Main Corporate Profile Chairman's Letter Five Objectives Cost of Power Stakeholders Reliability Integrated Operations Business Growth Contents—Financial Financial Highlights Management Analysis Financial Statements Notes to Statements Auditor's Report Management's Report Investor Information The Board Executive Committee 11-Year Data Disclaimer ELECTRICITY Generation Billions of kWh TVA continues to meet growing power demand in the Tennessee Valley through a diverse, efficient generation mix. Business Description Nation’s largest public power system 29,469 megawatts of capacity (net winter dependable) 11 fossil plants (59 units) 3 nuclear plants (5 units) 29 hydro plants (109 units) 4 combustion turbine plants (56 units) 1 pumped storage plant (4 units) Customers —158 power distributors —62 directly served customers 12 off-system sales utilities

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