TVA – a secret federal agency?

 

In TVA’s first full public meeting in 2013, pooh-bah Bill Sansom, Chairman of TVA’s board of directors, said in reference to private meetings between TVA staff and board members, “because it just works better that way,” quoting from an article in the Chattanooga Times Free Press on Friday. Such meetings will be kept from the public’s view.

 

 TVA has never wanted open meetings; ever wonder why “agenda” items pass unanimously so frequently without any opposition? These once a quarter public meetings are mostly attended for show enabling the public to sound off; it rarely does any good. I cannot recall but one instance in years of meetings where there was opposition to an agenda item, only once in years of meetings. That one time was a vote, ironically, to have such meetings between directors and TVA staff open and transparent. (I believe Bishop Graves noted that early in his appointment as a director.)

 

After all, TVA is supposed to be a work in process, an example of transparency in government. Stockholding utilities on the other hand, reveal as much as their shareholders want to allow. Battles sometimes are so intense that CEO’s or other top officers often are asked to resign or are outright fired. They were not strong enough on the bottom line. TVA has no “bottom line.”

 

This is where TVA’s bright line of separation of government from private enterprise comes in. TVA has been conflicted from the start by following FDR’s desire for TVA to act like a stock sharing company while still retaining the power of the federal government, of the power to take private property.

 

 TVA works in a specific geographic area behind the “fence” of no competition; however, TVA has national implications by purchases hundreds of miles away driving a national agenda for more “green” energy. Recently, TVA has contracted for some wind-driven electrical power that is over the cost of producing power within the TVA territory but supports the national agenda.

 

All of this is at the expense of TVA ratepayers for it is they who must pay for these extravagances and for other TVA giveaway programs.

 

TVA has the gall to continue accepting “free” money through their so-called Green Power Switch program where they sell imaginary “blocks” of electricity but this imaginary electricity is paid by ratepayers in real money. Check out this fraud; I have and am appalled at the gullibility of some TVA ratepayers to fall for such a swindle. Yet, they seem too much blinded by the environmentalists’ glare to seek a utopian world.      

 

If you think about it, ratepayers pay twice for their electricity when a distant windpower source is used. Once, as a US taxpayer when the Dept. of Energy subsidizes it, and again, as a TVA ratepayer when TVA sells that same power. Something doesn’t smell right here.

 

Is TVA headed for the “cliff”? Stay tuned…