This article talks about the Tennessee Valley Authority (TVA) locking 142 of 151 utilities into never-ending contracts, with stipulations to back out of their contracts with 20-year notices. This would essentially prevent many utilities from changing their contracts and power sources to renewables should they wish to in the near future. A lawsuit is challenging the constitutionality of the TVAs actions. Several utilities had wished to separate from TVA but financial incentives were enticing.
Critical Commentary
This article talks about the Tennessee Valley Authority (TVA) locking 142 of 151 utilities into never-ending contracts, with stipulations to back out of their contracts with 20-year notices. This would essentially prevent many utilities from changing their contracts and power sources to renewables should they wish to in the near future. A lawsuit is challenging the constitutionality of the TVAs actions. Several utilities had wished to separate from TVA but financial incentives were enticing.