Tom Kilgore, CEO of the Tennessee Valley AuthorityTVA President and CEO Tom Kilgore, in reporting TVA performance to the Tennessee Valley Authority board members Thursday, gave what he called a failing grade to the utility’s nuclear group.
“I gave it a D. We did not make our original construction and startup timetable dates for Watts Bar Nuclear Plant, and that’s unacceptable,” he said.
Thursday’s board meeting was the last one of 2011, and Kilgore’s report on the year’s accomplishments included his grading of TVA performance toward reaching goals set earlier this year and in 2010.
Kilgore told the board he graded the utility’s performance based on its goals. He gave TVA rates a C. Energy efficiency, cleaner air, reliability and responsibility all received A’s and B’s, he said.
Kilgore himself didn’t get a grade – either from the board or himself. The board chose not give him a raise for 2012, nor a bonus. Board members attributed the situation to the federal salary freeze.