Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 588

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 11
Chunk 588
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 fleet by 2025.Power Operations Performance IndicatorTo achieve leading operational performance by managing the generation fleet based on the mission of each asset.Serious Injury Incident RateTo foster a culture that embraces, adapts quickly to, and anticipates changes needed for TVA to excel in the future public power utility marketplace and to protect the safety of TVA's employees, contractors, and customers, as well as the communities that TVA serves.

The 2025 EAIP performance measures and goals were provided in an organizational scorecard ("TVA Enterprise Scorecard").  The 2025 performance measures, along with the weighting ascribed to each and actual performance, are shown below.

Performance MeasureWeightThresholdTargetStretchActualSBU Controllable O&M and Base Capital Spend ($ millions)(1)40%$5,187$5,061$4,935$4,623Transmission Performance Indicator(2)15%5010020094Nuclear Performance Indicator(3)15%2.77%2.00%1.23%9.84%Power Operations Performance Indicator(4)15%50100200193Serious Injury Incident Rate(5)15%0.040.020.000.01

167

Notes

(1)  Strategic Business Unit ("SBU") Controllable Operating & Maintenance ("O&M") and Base Capital Spend equals the total Non-Fuel O&M and Base Capital expenses for corporate and operational SBU organizations (excludes Board of Directors).

(2)  Transmission Performance Indicator is an aggregate measure of the overall reliability of TVA's transmission system.  See Transmission Performance Indicator below. 

(3)  The Nuclear Performance Indicator is the Annualized Online Reliability Loss Factor, which is the 12-month ratio of all generation losses minus refueling outage ("RFO") and exempt losses to reference energy generation minus RFO and exempt losses in a normal fuel cycle period, per standard industry guidelines.  This measure monitors performance between refueling outages to obtain high unit and energy production reliability.

(4)  The Power Operations Performance Indicator is an aggregate measure of the overall reliability of TVA's power operations generation fleet based on key performance measures in Gas, Hydro, and Coal that are intended to ensure that TVA's fleet of power operations generation assets is available and reliable to meet system demand.  See Power Operations Performance Indicator below. 

(5)  The Serious Injury Incident Rate is a mathematical calculation used by Edison Electric Institute that quantifies the extent of injury for serious injuries and fatalities from events