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TVA
tax on value added: a sales tax imposed by member nations of the Common Market on imports from the U.S. and other countries.
U.S. Government., Tennessee Valley Authority: a three-member board, created in 1933, charged with developing the Tennessee River and its tributaries to promote their use for inexpensive electric power, irrigation, flood control, navigation, etc. Since 1933 many projects have been constructed, including numerous dams.
Example Sentences
Its revenues come from its customers paying TVA for what they use—exactly as airlines and business jets do worldwide with ATC utilities.
The analysts noted that NuScale was aiming to secure one customer agreement by the end of 2025, likely with TVA.
Last month, the developer ENTRA1 Energy signed a nonbinding agreement with the TVA for a potential power-purchase agreement covering NuScale’s power-module units.
“Based on our conversations, TVA has indicated that they remain in early stages and finalization could take years, with no guarantee of completion,” the analysts wrote.
TVA’s plans to open more natural gas plants have drawn the ire of advocates who want an aggressive move away from fossil fuels and into solar and other renewables.
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