Alexander on TVA: “Nothing Is More Important” to Good Jobs Than Cheap, Clean, Reliable Electricity

Says at TVA roundtable that affordable power is top priority, discusses future of coal and nuclear, economic development and other issues

Posted on September 13, 2013

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“As a former governor who spent a lot of my time recruiting new businesses to Tennessee, I know how important keeping electricity rates low is to helping businesses get our economy moving again.” – Lamar Alexander 

KNOXVILLE, Sept. 13 – At a roundtable discussion today, U.S. Senator Lamar Alexander (R-Tenn.) said low electricity rates that boost family incomes and help businesses create jobs should be the top priority in discussions of the Tennessee Valley Authority’s future.

“Nothing is more important to maintaining high family incomes and helping businesses create good jobs than TVA’s ability to provide large amounts of cheap, clean, reliable electricity,” Alexander said. “As a former governor who spent a lot of my time recruiting new businesses to Tennessee, I know how important keeping electricity rates low is to helping businesses get our economy moving again. That’s been true for 80 years, and it will be true for the foreseeable future – especially as we try to jumpstart economic growth and prosperity all throughout the Tennessee Valley.”

The senator joined Senator Bob Corker (R-Tenn.), U.S. Rep. John J. Duncan, Jr. (R-Tenn.), Bill Johnson, TVA president and CEO, and leadership from area utilities and businesses to discuss TVA’s electricity rates and its ability to be competitive in the next 20 years. Alexander introduced the event’s two panels, and questioned them alongside Corker and Duncan.

In addition to highlighting the need for cheap, clean, reliable electricity, Alexander discussed TVA’s mix of energy sources – including coal and nuclear power – its importance to economic development and its role in managing a range of resources in the Tennessee Valley.

Alexander continued, “This roundtable is meant to discuss the focus of TVA, which is about jobs and family incomes and improving the lives of people in the Tennessee Valley’s seven states – especially in Tennessee, which nearly 70 percent of the families that TVA serves call home.”

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