JAMES MADISON QUOTE - 1822

"A popular government without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both. Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power knowledge gives."

SCOTTSBORO WEATHER - SUN & MOON RISE

Showing posts with label TVA Consumer Protection Act. Show all posts
Showing posts with label TVA Consumer Protection Act. Show all posts

Wednesday, October 13, 2010

TVA Green Power Switch--TVA Inspector General Investigation


Dear TVA Green Power Switch Purchasers,
 
Purchasers of TVA Green Power Switch Power, do you think the extra money you pay goes to purchase so called "Green Power" to your residence? If you think that think again, it does not. Your money goes into, as the IG states, the general mix. Audit findings concerning TVA's "Green Power Switch Program. "Green power purchased or procured by TVA under the Green Power Switch® program is added to the power mix and does not flow directly to consumers who sign up for the program."

The TVA IG goes on to say that folks have been explained this fact many times in several publications. Personally, I have not specifically looked and searched for the "small print" in the Green Power Switch Program. However, nothing I have heard, seen or read CLEARLY states the following explanation: "Our review demonstrates that this fact [purchases are added to the general power mix and does not flow directly to the consumers] is adequately disclosed in the marketing materials we reviewed and was generally understood by the 17 Green Power Switch® participants we surveyed."

Further findings:
>"Three items contained language explaining that renewable energy produced is added to the power mix and is not directly routed to the program participant. >Six items contained a statement that renewable energy produced is added to the power mix. >Forty-one items contained no language explaining that renewable energy produced is added to the power mix or not directly routed to the program participants. >While not all advertising materials directly stated that green power is part of TVA's power mix, they all did direct consumers to learn more about the program from TVA's Green Power Switch® Web site. The Web site states that green power is added to TVA's power mix. In addition, some marketing materials refer consumers to their distributor for additional information.

If you pay for TVA Green Power you are paying for something you do not receive. You receive power just like any other person receives power who pays no extra money. There is no "Green Power" going to any one residence or business. The reason the TVA audit took place by the TVA-OIG was due to complaints. There have also been complaints to the SEC and the FBI accusing fraud on the part of the TVA in their Green Power Switch program.

Think about it, what is "green" for some is not green for others. The money you pay goes for the TVA's purchase of nuclear power! Quote from the report, "by choosing to pay a little more for Green Power Switch, you help advance the technology and increase the amount of electricity generated from cleaner sources."

Remember friends and neighbors, the TVA considers "radioactive nuclear power as CLEAN energy, it is not clean. I have heard many statements from TVA Executives at the TVA quarterly meetings, "nuclear power is clean energy." The nuclear fuels process has been deadly, killing and sickening thousands involved in Uranium fuels enrichment process. ( Source: Energy Employees Occupational Illness Compensation Program Act http://www.hss.energy.gov/healthsafety/fwsp/advocacy/ Poisoned Nuclear workers http://www.wildclearing.com/ice-ages/the-exposed.html )
 
Better Business Bureau Reports nuclear energy is not clean energy. "The “clean air myth” of nuclear power was demolished on May 13, 1999, when the Nuclear Energy Institute’s advertising campaign was deemed “misleading” by the Better Business Bureau. The commercial in question featured a cute owl singing the praises of nuclear power and thanking the NEI for clean air." http://www.pennlive.com/editorials/index.ssf/2010/09/nuclear_power_is_not_the_green.html
 
TVA Reference: Memorandum from the Office of the Inspector General February 18, 2010 Kenneth R. Breeden, OCP 1F-NSTFINAL REPORT – AUDIT 2009-12296 – REVIEW OF GREEN POWER MARKETING http://oig.tva.gov/PDF/10rpts/2009-12296.pdf

Monday, November 3, 2008

The TVA Nuclear Energy Socialist Triad

TVA's refusal to disclose true construction costs of Bellefonte Nuclear Power Plant. A government agency using a bogus excuse to hide construction costs which would place the TVA over the Congressional mandated budget cap.

Nuclear Energy Power Producers include all in the Nu-Start Consortium: http://www.nustartenergy.com/Consortium.aspx
TVA supports the socialist model for our nation. Government sponsored business, no oversight, no competition. Creates massive debt paid for by taxpayers and Electric Rate Payers in the TVA service area.
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This article is interesting taking into consideration the collapse of Fannie Mae and Freddie Mac. http://www.eia.doe.gov/oiaf/servicerpt/subsidy1/boxtxt_2.html
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The TVA's latest schemes involving the Newly Formed 7 States Power Co-ops. Local public utilities within the TVA Service area are the members of this latest TVA socialistic corporate scheme: "On September 30, 2008, Seven States Power Corporation (“SSPC”) exercised an option to buy a portion of TVA’s Southaven Power Plant, a combined-cycle electric generating facility (the “facility”) located in Southaven, Mississippi. SSPC bought this portion through its wholly-owned subsidiary, Seven States Southaven LLC (“SSSL”). SSSL paid TVA approximately $325 million and purchased an undivided 69.69 percent interest in the facility. Funding for the purchase was provided through loans obtained by SSSL. The loans were provided by JPMorgan Chase Bank, N.A., CoBank, ACB, and Branch Banking and Trust Company... " from TVA required SEC filings, Form 8K. TVA has not submitted their 3rd Quarter, Form 10K. Something to hide maybe? TVA Debt, $25 billiion and climbing! We are in the 1st Quarter of Fiscal Year 2009.
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Some old truths about the TVA from the TVA Consumer Protection Bill, Senate Bill 1323, October 1999: http://bulk.resource.org/gpo.gov/hearings/106s/63227.pdf
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Links to other TVA DEBT articles within "Watch for Snakes." https://www.blogcatalog.com/blogs/watch-for-snakes-n-scottsboro/posts/tag/tva%20debt/