TVA ratepayers make up pension shortfall

October 9, 2012 3:56PM

In an interview with, Beacon CEO Justin Owen explains how electricity consumers will be on the hook for the Tennessee Valley Authority’s massive pension shortfall, which currently totals $4.5 billion.

“The (TVA) story is symptomatic of a larger problem,” Owen said. “What it amounts to is political promises. Now we’re seeing that many of those promises… are empty promises.”

Read the entire story, and watch the exclusive interview with Owen, at