TVA’s new president and CEO Bill Johnson and the TVA board chairman Bill Sansom said today that TVA will cooperate with the Obama administration’s call for a review of the federal utility and its debt that is carried in the federal deficit.
Both said they believe TVA is “a good business model” that is not costing taxpayers as the utility is funded totally by rate-payers.
“We’ll cooperate and participate and we’re glad to see the review. In the meantime, we’ve got to concentrate on running the place right,” Sansom said. “The way the model needs to work is our performance needs to be excellent. We encourage management to keep your eyes on the ball.”
Read more in Friday’s Chattanooga Times Free Press.
Pam Sohn has been reporting or editing Chattanooga news for 25 years. A Walden’s Ridge native, she began her journalism career with a 10-year stint at the Anniston (Ala.) Star. She came to the Chattanooga Times Free Press in 1999 after working at the Chattanooga Times for 14 years. She has been a city editor, Sunday editor, wire editor, projects team leader and assistant lifestyle editor. As a reporter, she also has covered the police, ...