Company: TVC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001376986-25-000029
Chunk: 333

Company: Tennessee Valley Authority
Filing Date: 2025-05-01
Form: 10-Q
Item: Part II, Item 2
Chunk 333
---
 million kilowatt hours ("kWh") for the three months ended March 31, 2025 and 2024, respectively.  Sales of electricity were 80,776 million and 77,971 million kWh for the six months ended March 31, 2025 and 2024, respectively.  The total sales of electricity during the six months ended March 31, 2025 included 59 thousand kWh of pre-commercial generation at Johnsonville Aeroderivative CT Units 21-30, of which 49 thousand kWh was recognized in the three months ended March 31, 2025.  The total sales of electricity during the six months ended March 31, 2024 included 137 thousand kWh of pre-commercial generation at Paradise CT Units 5-7, all of which was recognized in the three months ended December 31, 2023.  TVA sells power at wholesale rates to local power company customers ("LPCs") that then resell the power to their customers at retail rates.  TVA also sells power to directly served customers, consisting primarily of federal agencies and customers with large or nonstandard loads.  In addition, power exceeding TVA's system needs is sold under exchange power arrangements with certain other power systems. 

The following charts compare TVA's sales of electricity by customer type for the periods indicated:

The following charts show a breakdown of TVA's energy load:

Note

Information included in the charts above was derived from energy usage of directly served customers and customers served by LPCs during calendar year ("CY") 2024, and these graphs will continue to be updated on a CY basis.

43

Table of Contents                               Draft 4.0                    04/24/2025 5:00 PM

Weather affects both the demand for TVA power and the price for that power.  TVA uses degree days to measure the impact of weather on its power operations.  Degree days measure the extent to which the TVA system 23-station average temperatures vary from 65 degrees Fahrenheit. 

Degree DaysVariation from NormalChange from Prior Period 2025NormalPercent Variation2024NormalPercent VariationPercent ChangeHeating Degree DaysThree Months Ended March 311,761 1,6894.3 %1,583 1,709 (7.4)%11.2 %Six Months Ended March 312,743 2,932(6.4)%2,678