<BillNo> <Sponsor> HOUSE JOINT RESOLUTION 626 By Vital HJR0626 007291 - 1 - A RESOLUTION to urge the appointment of highly qualified individuals to the board of directors of the Tennessee Valley Authority who understand the growing energy needs of Tennessee and the importance of reliable, affordable power for the State's economic future. WHEREAS, the Tennessee Valley Authority (TVA) is the largest public power provider in the United States, serving 153 local power company partners who then provide energy to more than ten million people across seven states, including a substantial majority of Tennessee's homes, businesses, industries, and farms; and WHEREAS, TVA was created to deliver reliable and affordable electricity, foster economic development, and manage the natural resources of the Tennessee Valley, all of which remain critical to the region's quality of life and economic competitiveness; and WHEREAS, Tennessee and the broader TVA service area are experiencing historic levels of growth, placing new demands on energy generation, transmission, and delivery infrastructure; and WHEREAS, meeting these needs will require sustained investments in new generating capacity, a forward-looking and customer-focused energy strategy, and a continued focus on reliability and affordability; and WHEREAS, the TVA board of directors plays a central role in guiding the direction of the Authority by setting policies and priorities related to generation planning, power supply, rates, and long-term capital investment; and WHEREAS, five current vacancies on the TVA board present a timely and significant opportunity to appoint individuals who are well-prepared to meet the moment and lead TVA into its next chapter of service; and - 2 - 007291 WHEREAS, individuals appointed to the board should bring deep experience in the electric power industry, sound business judgment, and a clear understanding of TVA's unique mission; and WHEREAS, TVA's 153 local power company customers—including electric cooperatives—are essential to meeting this challenge, working every day to deliver power to the homes and businesses that rely on them; and WHEREAS, serious consideration should be given to leaders leading electric cooperatives or other local power companies who possess real-world knowledge of the region's energy needs and a strong commitment to delivering value to the ratepayers they serve; and WHEREAS, TVA will benefit from board members who possess firsthand knowledge of the daily challenges and responsibilities of delivering power twenty-four hours a day, seven days a week, 365 days a year and who understand the critical link between robust power supply and economic development throughout the Tennessee Valley; and WHEREAS, the governance structure of cooperatively owned generation and transmission utilities (G&Ts) serves as a relevant model for TVA, where 100 percent of the board members of a G&T are customers of the utility, who are also the only owners, ensuring strong customer-focused leadership and accountability; and WHEREAS, representation of rural and suburban Tennesseans—who depend on TVA for power and opportunity—should be a meaningful factor in the selection of new board members, ensuring that the diverse needs of the entire Tennessee Valley are reflected in TVA's leadership; now, therefore, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE ONE HUNDRED FOURTEENTH GENERAL ASSEMBLY OF THE STATE OF TENNESSEE, THE SENATE CONCURRING, that we respectfully urge the President of the United States to appoint individuals to the Tennessee Valley Authority board of directors who possess proven experience - 3 - 007291 in the electric utility industry, infrastructure development, or utility governance, particularly those whose experience comes through service at one of the 153 local power company customers; understand the energy demands of the Tennessee Valley and the importance of adequate generation to meet those needs; are committed to the principles of affordable, reliable power for all ratepayers; recognize that robust power supply is essential to economic growth and job creation; and bring voices and perspectives from rural and suburban Tennessee and local power companies to the board's deliberations. BE IT FURTHER RESOLVED, that this General Assembly calls for filling the existing vacancies on the TVA board of directors with individuals who will uphold TVA's mission and help position the Authority to meet the future with strength and purpose. BE IT FURTHER RESOLVED, that certified copies of this resolution be transmitted to the President of the United States and each member of Tennessee's congressional delegation.