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VOL. 128 | NO. 195 | Monday, October 07, 2013

TVA Says Fiscal 2013 was Record Year for Hydro

AP

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KNOXVILLE (AP) – The Tennessee Valley Authority says fiscal 2013 was a record year for hydroelectric power generation.

During the year ended Monday, TVA's 29 hydroelectric dams provided 18.5 million megawatt-hours of energy. That's enough electricity to serve more than 1.2 million homes in TVA's seven-state region.

TVA attributes the record to above-average precipitation. Rainfall was 121 percent of normal in the Tennessee Valley, with nearly 62 inches. Runoff, which is the amount of rainfall that actually reaches streams and creeks, was 136 percent of normal – almost 30 inches.

TVA Chief Generation Officer Chip Pardee said maximizing the potential of all that water required around-the-clock management. Hydroelectric power is TVA's cheapest energy source and its abundance has helped fuel lower costs to customers.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 133 9,499
MORTGAGES 89 164 11,910
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 161 403 21,081
BANKRUPTCIES 64 106 7,442
BUSINESS LICENSES 17 33 3,345
UTILITY CONNECTIONS 114 225 11,504
MARRIAGE LICENSES 25 53 2,656

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