Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Q4 2022 Earnings Conference Call November 15, 2022 9:30 AM ET

Company Participants

Tammy Wilson - Vice President, Treasurer and Chief Risk Officer

Jeff Lyash - President and Chief Executive Officer

John Thomas - Chief Financial and Strategy Officer

Conference Call Participants

Amy Kelly - Sierra Club

Dave Flessner - Chattanooga Times Free Press

Operator

Good morning everyone and welcome to the Tennessee Valley Authority's Fiscal Year 2022 Conference Call. For your information, today's conference call is being recorded. All participants will be in a listen-only mode. [Operator Instructions]

At this time for opening remarks, I would like to turn the call over to Ms. Tammy Wilson, TVA Vice President, Treasurer and Chief Risk Officer. Ms. Wilson, please go ahead.

Tammy Wilson

Thank you, Matt. Good morning everyone and welcome to the Tennessee Valley Authority fiscal year 2022 financial review. TVA is unique and that our fiscal year end is on September 30. And this morning, I have with me TDA’s Chief Executive Officer, Jeff Lyash; and TVA's Chief Financial and Strategy Officer, John Thomas. And today is actually John's birthday, so happy birthday, John.

And this morning, Jeff will begin with a business updates and John will follow with a review of TVA's financial performance. After the prepared remarks, the call will be opened up to give participants the opportunity to ask questions. Now, for a few quick housekeeping items before we begin.

Today's press release and TVA's Annual Report on Form 10-K for the fiscal year ended September 30, 2022, are available on TVA's website that’s www.tva.com. A replay of this webcast will also be available on TVA's website for a period of one year. Today's discussion may include forward-looking statements that are subject to various risks and uncertainties, so please refer to TVA's annual report on Form 10-K for the year ended September 30 of 2022 for a discussion of these factors.

And with that, I will now turn the call over to TVA's President and Chief Executive Officer, Jeff Lyash.

Jeff Lyash

Thanks, Tammy. Good morning, everybody, and thank you for your time today. I'm pleased to report that in 2022, TVA made progress in many areas critical meeting our customers' needs today, while also setting us up to maintain reliability, resiliency, affordability, and sustainability in the future. Let me mention a few notable highlights from this past year.