Tuesday, September 21, 2010
The woodshed is full . . .
. . . and all is right with the world.
However, all is not right with the Tennessee Valley Authority. We are going to be hit with another 12 percent rate increase this year, and I've heard my utility company say repeatedly that TVA is just passing along its additional cost of generating electricity as a fuel surcharge.
What TVA is passing along is the billion dollars it spent mitigating its gigantic coal ash spill on Dec. 23, 2008. East Tennesseans don't need to go to the Gulf of Mexico. We have our own BP right here in the form of TVA. At least the CEO of BP lost his job over the travesty. As far as I know, the TVA chairman got a pat on the back. You're doing a great job, Brownie.
Enough editorializing. I best go see about my kindling box.