Displaying items by tag: public service commission
Editorial: TVA executes sharp electric rate increase amid lack of transparency
A protestor holds a sign during a 2021 demonstration against TVA’s plans for continued fossil fuel use outside the federal utility’s headquarters in Knoxville. Thomas Fraser/Hellbender Press
KNOXVILLE — On Thursday, August 22, the Tennessee Valley Authority’s (TVA) Board of Directors will meet in Florence, Alabama to authorize a 5.25 percent electric power rate increase without any public documentation showing why the increase is needed or how those additional revenues will be spent. This rate increase amounts to approximately a staggering half-a-billion-dollar increase for Tennessee Valley ratepayers. Only in the Tennessee Valley could a major utility raise rates without public scrutiny of financial documents.
The 5.25 percent rate increase coupled with last year’s 4.5 percent electric rate increase is strategically set just below a 10 percent threshold that would trigger renegotiation of hundreds of power supply agreements with local utilities. But even with this rate increase, TVA is still racking up debt at a rate not seen in decades.
Based on documents over a year old at this point, we can only guess what is driving TVA’s current financial woes: the largest buildout of fossil gas in the country this decade. These new fossil gas pipelines and power plants aren’t cheap, and TVA’s plan to increase reliance on gas is risky. Families and businesses across the Valley will see increased bills when gas prices rise again and as these new gas power plants become obsolete in just a few short years.
The coal plant next door: The sad and long legacy of coal ash in Georgia
This story from ProPublica is shared via Hellbender Press under a Creative Commons license. Click here for the entire ProPublica story, including illustrations and photos.
By Max Blau for Georgia Health News
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.
Mark Berry raised his right hand, pledging to tell the whole truth and nothing but the truth. The bespectacled mechanical engineer took his seat inside the cherry-wood witness stand. He pulled his microphone close to his yellow bow tie and glanced left toward five of Georgia’s most influential elected officials. As one of Georgia Power’s top environmental lobbyists, Berry had a clear mission on that rainy day in April 2019: Convince those five energy regulators that the company’s customers should foot the bill for one of the most expensive toxic waste cleanup efforts in state history.
- coal ash
- cleanup
- georgia power
- kingston coal ash spill
- toxic waste
- mark berry
- energy regulator
- public service commission
- coal ash pond
- disinformation
- eminent domain
- radioactive coal ash
- electric utility
- trace metal
- cancer risk
- drinking water contamination
- human health hazard
- leaching
- groundwater
- water well
- erin brockovich
- chronic illness
- heavy metal
- plant scherer
- propublica
- lobbyist
- hexavalent chromium
- cancer cluster