09/09/1976
https://www.presidency.ucsb.edu...
"I want to take this opportunity to express my own admiration and gratitude."
"But we must not allow this simple fact to result in new legislation which violates the fundamental principle that electricity should be priced to reflect its cost of production, including the cost of ..."
"I see no basis in equity or in logic for departing from this principle in the case of the TVA."
"No one likes to pay higher electric bills."