TVE - Earnings announcements

Register now for today's 9:30 a.m. ET conference call discussing TVA's second quarter financial results.TVA reported $5.9 billion in total operating revenues as sales of electricity increased approximately 3% compared to the same period last year.Total operating revenues decreased 1% primarily due to a decrease in fuel cost recovery revenue, driven by lower fuel and purchased power prices.During the quarter, TVA successfully met an all-time power demand record of 34,577 megawatts, surpassing the previous record of 33,482 set in August 2007.KNOXVILLE, Tenn., April 30, 2024 /PRNewswire/ -- The Tennessee Valley Authority reported $5.9 billion in total operating revenues on 78 billion kilowatt-h

Key Points - •  4th consecutive year of no increase in TVA's base rate - helping to keep customers' bills low. •  TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits. •  TVA has one of the nation's largest, most diverse, and clean power systems which helps keep rates stable despite higher fuel prices.  •  57% of TVA's power supply coming from carbon-free sources in 2023 - including nuclear, hydroelectric, and renewables. •  Year-to-date power sales were 4% lower due to overall milder weather and lower sales to industries. KNOXVILLE, Tenn., Aug. 1, 2023 /PRNewswire/ -- The Tennessee Valley Autho

Key Points Power sales were up 3% driven by weather impacts from Winter Storm Elliott and continued strong economic growth in the Tennessee Valley.TVA returned $53 million in pandemic credits to customers – part of more than half a billion dollars in support returned to communities since the start of the pandemic.TVA's diversified power system continued to help keep rates low despite higher fuel prices, with 56% of power coming from nuclear, hydroelectric and renewables.KNOXVILLE, Tenn., Jan. 31, 2023 /PRNewswire/ -- The Tennessee Valley Authority reported $3.0 billion in total operating revenues on 38 billion kilowatt-hours of electricity sales for the three months ended Dec. 31, 2022. 

Key Points Power sales were up 3% due in part to demand growth in the region.TVA kept base power rates flat for the 3rd consecutive year in 2022, and returned $228 million in pandemic credits to customers, helping keep power rates low.TVA's diversified power system continued to keep customer rates low despite higher fuel prices, with 52% of TVA's power supply coming from nuclear, hydroelectric and renewables.TVA reduced debt for the 6th consecutive year, with debt at the lowest level in 35 years.KNOXVILLE, Tenn., Nov. 15, 2022 /PRNewswire/ -- The Tennessee Valley Authority reported $12.5 billion in total operating revenues on 163 billion kilowatt-hours of electricity sales for the year ended

KNOXVILLE, Tenn., Nov. 8, 2022 /PRNewswire/ --  WHAT: The Tennessee Valley Authority will host a conference call for the financial community and news media to discuss results for the fiscal year 2022. WHO: President & CEO Jeff Lyash Executive Vice President, Chief Financial and Strategy Officer John Thomas WHEN: 9:30 a.m. ET, Tuesday, November 15, 2022 WHERE: The event will be conducted as a webcast and as a dial-in teleconference. Participants will be able to hear the discussion and see slides via the webcast but will need telephone access to ask questions.   Pre-registration