It is declared to be the policy of the Government so far as practical to distribute and sell the surplus power generated at Muscle Shoals equitably among the States, counties, and municipalities within transmission distance. This policy is further declared to be that the projects herein provided for shall be considered primarily as for the benefit of the people of the section as a whole and particularly the domestic and rural consumers to whom the power can economically be made available, and accordingly that sale to and use by industry shall be a secondary purpose, to be utilized principally to secure a sufficiently high load factor and revenue returns which will permit domestic and rural use at the lowest possible rates and in such manner as to encourage increased domestic and rural use of electricity. It is further declared to be the policy of the Government to utilize the Muscle Shoals properties so far as may be necessary to improve, increase, and cheapen the production of fertilizer and fertilizer ingredients by carrying out the provisions of this chapter.
Structure US Code
CHAPTER 12A— TENNESSEE VALLEY AUTHORITY
§ 831a. Membership, operation, and duties of the Board of Directors
§ 831b–1. Acceptance of services of volunteers
§ 831c. Corporate powers generally; eminent domain; construction of dams, transmission lines, etc.
§ 831c–2. Civil actions for injury or loss of property or personal injury or death
§ 831e. Officers and employees; nonpolitical appointment; removal for violation
§ 831g. Principal office of Corporation; books; directors’ oath
§ 831h. Annual financial statement; purchases and contracts; audit by Comptroller General
§ 831m–1. Tennessee Valley Authority least-cost planning program
§ 831n. Bonds for future construction; amount, terms, and conditions
§ 831n–1. Bonds to carry out provisions of section 831k–1; amount, terms, and conditions
§ 831n–2. Bonds; limitation of issuance under sections 831n and 831n–1
§ 831n–3. Use of funds; limitation of issuance
§ 831n–4. Bonds for financing power program
§ 831o. Completion of unfinished plants authorized
§ 831q. Eminent domain; contracts for relocation of railroads, highways, industrial plants, etc.
§ 831s. Possession by Government in time of war; damages to contract holders
§ 831t. Offenses; fines and punishment
§ 831u. Surveys; cooperation with States or other agencies
§ 831v. Legislation to carry out purposes of chapter; recommendation by President
§ 831x. Condemnation proceedings; institution by Corporation; venue
§ 831y. Net proceeds over expense payable into Treasury
§ 831z. Authorization of appropriations
§ 831bb. Reservation of right to amend or repeal
§ 831dd. Liberal construction of chapter; sale of surplus lands