1999 TVA Annual
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stimulating sustainable economic growth
photo of Jim Abney and Mark Rechter

“TVA’s Comprehensive Services is valuable to North Georgia EMC because we’re able to use TVA engineers to work with our large industries. This year, Comprehensive Services did the lighting design for seven ball fields, allowing us to provide the design without charging the county one penny.”

—Jim Abney (right), Manager of Marketing and Economic Development, North Georgia Electric Membership Corporation, Dalton, Ga., with Mark Fletcher, County Commissioner, Catoosa County, Ga., District 1

TVA is in business not to make money, but to make a difference; not to produce profits, but to work for the public good.

The relationship between TVA, as a public enterprise, and its customers goes far beyond that of a private utility. Electricity is such a fundamental part of everyday life that TVA’s success in producing and transmitting power efficiently, without federal appropriations, translates directly into prosperity and jobs.

Competitive Rates
The price of electricity can be a significant cost for business and industry, and Valley customers enjoy some of the most competitive power rates in the nation.

The advantage of lower rates gives TVA and distributors of TVA power an important tool for fostering new investment in the Tennessee Valley.

Distributor Partnerships
In addition to providing power at competitive prices, TVA works closely with local power distributors and community leaders to develop innovative ways to attract quality investments.

Since 1995 TVA has offered Valley businesses and industries $90 million in economic development loans. These loans and other technical and economic development services leveraged an additional $3.1 billion in capital investment, helping create and retain more than 222,000 jobs.

TVA’s Comprehensive Services Program is one such partnership that makes TVA’s engineering and technical assistance available to current or potential customers through its distributors.

When North Georgia Electric Membership Corporation in Dalton, Georgia, asked TVA to evaluate electricity use at a plant in Lafayette at risk of closure, TVA engineers found ways the plant could reduce its electricity bill by $237,000 a year, allowing the plant to stay open and even plan for expansion.

North Georgia EMC also made TVA’s engineering expertise part of its bid for a new Dalton-area supermarket. The distributor proposed installing and maintaining a TVA-designed lighting system for the grocer’s parking lot. The proposal helped North Georgia EMC win a new customer and saved the grocery chain $40,000 in construction costs.

photo of Randy Randsell

“The Red Hills Power Project will not only create 170 permanent jobs for the power plant and mining operations, it has already helped boost one town’s sales tax revenues 30% higher than last year’s and will help spur further economic growth in the area.”

—Randy Ransdell, Director, Plant Manager, Red Hills Power Plant, Choctaw County, Miss.

In Middleton, Tennessee, the Thyssen Dover Elevator Company was faced with the decision on where to consolidate its manufacturing operations. Thyssen Dover asked Tippah Electric Power Association to analyze the power needs associated with the expansion and consolidation of their operations in Middleton. In turn, Tippah EPA called on TVA’s Comprehensive Services, which assisted on a redesign and renovation of the existing building and grounds, including a landscape design and an outdoor lighting plan.

Throughout the Valley, TVA’s Site Selector program is an information partnership with eight regional industrial development associations that helps relocating businesses and industries find sites that best fit their needs. Site Selector software offers detailed data on prospective sites and navigable 3-D computer images of available buildings. It also provides statistics for the surrounding county, including such information as unemployment figures and transportation options.

Last fall TVA joined distributors and business and community leaders at groundbreaking ceremonies for a new 440-megawatt power-production facility—the Red Hills Power Project in northeast Mississippi. The power plant is owned by Tractebel Power Inc. and will be operated by Choctaw Generation, a subsidiary of Tractebel Power. The power plant will use clean-coal technology to burn lignite coal mined near the plant. The mine is a joint venture between Phillips Coal Company and North American Coal Company. TVA has contracted with Choctaw to buy the plant’s output, with production scheduled to begin in late 2000.

 

 

 

 

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