What price parity?
Article Abstract:
Tennessee Valley Authority (TVA) Chairman Craven Cromwell has requested that the utility be allowed to compete in the deregulated energy market outside its mandated jurisdiction. Also, he asked members of the Congress to remove or transfer nonpower programs and their corresponding allocations. Aside from granting the request, Congress also came with a plan to completely free TVA from taxpayer subsidies. Aside from an annual $106 million subsidy, TVA also enjoys tax breaks in its income and deferred taxes. TVA's request to compete in a deregulated energy market comes from its access to preference power and lower cost of capital for the utility.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Strategic grassroots developing influence
Article Abstract:
Competition among electric utilities in the area of government relations is growing. Most electric utilities have interest groups which focus on exerting influence on political and legislative decisions. They seek the services of lobbyists to oversee public policy issues and convey company interests to legislators and regulators. They also form coalitions to show politicians the extent of interest in a particular issue. Grassroots activism, however, is considered as the most effective method of competing in the political arena.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Statistical review
Article Abstract:
A survey indicates that directors at publicly owned electric utilities are more likely to be female. Utility directors are also younger and receive less compensation than their counterparts in large commercial corporations. The average age of utility directors is 59 while the average age of their nonutility counterparts is 61. Utility directors receive an average annual retainer of $19,000 in 1994 while nonutility directors get an average of $30,000.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Statistical review. Second quarter sales up. Nugs: slowed capacity, increased generation
- Abstracts: Race against time. Contesting the Euro vision. The Big Apple turns rotten
- Abstracts: When to drill? Trigger prices for the Arctic National Wildlife Refuge. Wilderness: options to preserve, extract, or develop
- Abstracts: Taking precautions. On the record. The pinnacle of practicality
- Abstracts: The pirate coast. Real world tests: rucksacks