In partnership with CBSSports.com
Online Now 1603
Online now 959 Record: 6475 (12/7/2012)
You have no favorite boards.
The most viewed topics.
The most replied to topics.
The most up-voted topics.
The most down-voted topics.
The most up-voted posters.
The most down-voted posters.
The most followed posters.
I work at Kingston fossil plant. I read about this last night. I sure hope it doesn't happen.
Allen Fossil here. Skerry.
Which union? I'm IUOE 917
I just read though all of the comments. We had a plantwide meeting the other day. TVA is in the bottom quartile as far as nuke plants are concerned. The only way to get back up and compete would be to raise the debt limit, which seems to be the plan of separating from the government. The government sets the cap at $30 billion. With no congressional oversight the TVA would set its own cap, which means mass sellings of bonds to raise the funds to go full nuke. They tried this in the 70's, but with better technology the TVA could really swing into it for real this time. what the budget overlooks though is that, yes you cancut TVA's debt from the over al nation's debt, but you also lose the ability to report TVA's revenues and profits, which severely outweigh the debt (bonds). So it really doesn't make any sense to me from an accounting major's standpoint, but what the hell do I know.
What's scary for fossil guys like me and my friend from Kingston is the EPA laws effective for 2018 looming, and the fact the coal ain't non-too-popular with alot of folks. (This statement is only used for data pertaiing to this thread and is not intended to make people debate about coal energy, thanks)
For those of you worried that TVA would monopolize, not so fast. Research the numerous other large or larger companies. You should worry more about Southern or Duke buying us up and then slapping you with the cost. The TVA, so far, really tries to do rigt by people from an energy selling standpoint. Other people have other gripes, but everyone would be complaining without electricity!
No intention to insert politics here. Just a historical comment
Privitizing TVA has been proposed many, many times since its creation. The first time was under Eisenhower. I believe the last such proposal before this was by Reagan.
This is the first time in TVA's long history that privitizing has ever been proposed by a Democrat.
Interesting little fact I wonder why maybe to get it off the books and help with budget control?
Link with info?
2013. Team 117. Beginning of the new Era.
I don't think TVA's books are on the general fund budget. As far as I know, it's been on its own for a long time, maybe decades.
What I always expected was an administration who wanted to reduce debt by selling TVA's massive land holdings. It owns a tremendous amount of valuable lakeside land.
Here ya go
Hey guys! The past precedents have not went very well. I work for a distributor of TVA. Take a look at rates in areas served by Duke Energy, Con Edison, and others. Read about the suppliers in California. We have some of the most affordable energy costs in the nation. Just ask any of the recent industries to locate here. In our area, we have gained VW, Amazon, GE, Wacker and others. Utility cost was a major factor in their decision. You may think TVA is mismanaged, but wait until it is operated for a profit! If TVA can be privatized, what's next? I for one hope this is not even seriously considered. Private companies that acquire publicly owned utilities promise low rates in writing for a short period then come the massive rate hikes. Tell me this, how many of you would want to see your friends and Vol supporters paying 150% - 250% of what they pay now? How many families would be hurt by doubled electric bills? It may sound good in theory but is terrible in practice.
Thanks for chiming in with info I didn't have. This is exactly what I'm afraid of!
I'm with ya on that one. I work at Sequoyah Nuclear and did not like what I heard either.
Nebraska's annual average electricity price in comparison to the other states and the nation.
This post was edited by RockytopATL 12 months ago
i totally agree . i have some friends that work there 30 bucks an hour to ride a forklift thats a joke . same as postal service and auto industry overpaid and we are paying for it on our power bill and 60000 dollar work trucks . sell it and get wages more reasonable
One of the reasons wages look inflated is because of the private sector. The same jobs exist in the private sector and they pay twice as much as those here at TVA. In order to keep quality employees from transitioning to private they have to pay reasonably to keep them. I understand that is not the same for all job titles but you don't want the bottom of the barrel working around reactors or things of that nature.
I personally believe this could be a good or great thing. TVA over pays many employees and has alot of trimming that could be done. I hate it for people who lose jobs but that is what most of us have to deal with. I believe it should be broken up and have some form of regulatory stipulations to avoid monopoly, however believe it could be beneficial to consumers. I would guess you could hire janitorial services and etc alot cheaper than TVA currently pays them, and if you cut cost would believe you could keep rates lower. Few negatives seem to be less jobs for local economy which will have a trickle down effect on local economy, would private sector have "control" of dams and water ways, and possibility of spikes in electric cost due to greed. JMHO
Your facts are wrong. The joke for everyone who owns their own business is they should just get a job at TVA. The private sector does not inflate wages because a private business that inflates wages will go out of business. In 2011 the median pay for TVA, not including bonuses, overtime, and benefits was over $74,000. That is much more than the average worker in the private sector gets, with benefits and bonuses. Here are the facts to back that up.
This post has been edited 2 times, most recently by jhaksn10407 12 months ago
If my facts are incorrect then I will take back my statement. But in order for my statement to be 100% wrong then you would have to show the income of private sector power employees. Because the private sector is just that you won't find their salaries listed anywhere. I have friends in private power corporations and what they make verse what I make backs up my statement. And for the record, I don't make what is listed as the median with my overtime, bonus, and benefits.
247Sports In partnership with CBS Sports