Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

TVA Sees Changes in Board

By Alabama Public Radio

Washington, D.C. – Congress has approved major changes in the management of the Tennessee Valley Authority. The changes are part of a $388 billion spending bill that was approved over the weekend. The utility's board will go from three full-time members to nine part-time members. The new board will also choose a chair and chief executive officer to oversee operations. Senate Majority Leader Bill Frist of Tennessee began pushing the expanded, part-time board in 1997 after TVA raised electric rates for the first time in a decade. Frist says he expects the reforms to have a broad impact. He says the new setup will help increase accountability and oversight. The federal utility serves about 8,000,000 customers in Alabama and other Southeastern states.

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.