# Tennessee Valley Authority

> Tennessee Valley Authority is a federally owned, self-financing public power corporation that supplies electricity to more than 10 million people across a seven-state region, mainly through 153 local power companies. Its mandate is broader than generation: TVA operates a mixed fleet of nuclear, hydro, natural-gas, coal, solar and storage assets; manages the Tennessee River for navigation and flood control; stewards public lands and shoreline; runs energy-efficiency programs; and recruits industry to the Valley. Electricity sales and power-system debt fund the enterprise rather than congressional appropriations.

- **Founded:** 1933
- **Headquarters:** Knoxville, United States
- **Founders:** United States Congress (Created TVA through the Tennessee Valley Authority Act), Franklin D. Roosevelt (President who signed the TVA Act), George W. Norris (Legislative architect and longtime public-power advocate)
- **Team size:** More than 10,600 employees in FY2025
- **Products:** Wholesale electricity, Power generation and transmission, Integrated river management, Environmental stewardship, Economic development services
- **Notable:** Became the largest public power supplier in the United States, serving more than 10 million people across seven states., Built a 652-mile navigable channel from Knoxville to the Ohio River, completed with Kentucky Dam in 1945., Met an all-time peak demand of 35,430 megawatts on January 22, 2025.

## Products & services

- **Wholesale electricity** — Generation and bulk sale of power to 153 local power companies and directly served industrial and federal customers across a seven-state service territory.
- **Power generation and transmission** — Operation and expansion of a diversified fleet spanning nuclear, hydro, natural gas, coal, solar and pumped storage, connected by a high-voltage transmission system.
- **Integrated river management** — Coordinated operation of dams and reservoirs for flood control, commercial navigation, hydropower, water supply, water quality and recreation.
- **Environmental stewardship** — Management of 293,000 acres of public land, 11,000 miles of shoreline, natural resources, habitat, permitting and environmental compliance.
- **Economic development services** — Site selection, incentives, research and technical assistance delivered with local power companies and state and community partners to attract and retain employers.
- **EnergyRight** — Energy-efficiency advice, assessments, rebates, contractor connections and programs for households, businesses, schools and communities.
- **TVA Sites** — A searchable inventory and support channel for companies evaluating available industrial buildings and sites in the TVA region.

## Achievements

- Became the largest public power supplier in the United States, serving more than 10 million people across seven states.
- Built a 652-mile navigable channel from Knoxville to the Ohio River, completed with Kentucky Dam in 1945.
- Met an all-time peak demand of 35,430 megawatts on January 22, 2025.
- Reported $13.7 billion in FY2025 operating revenue and more than $4.6 billion invested during the fiscal year.
- Had more than 6,200 megawatts of new generation planned and 3,770 megawatts under construction in FY2025.
- Submitted the first U.S. utility construction-permit application for a GE Vernova Hitachi BWRX-300 small modular reactor in May 2025.
- Manages 293,000 acres of public land and 11,000 miles of shoreline along the Tennessee River system.
- Completed more than 1,260 Home Uplift projects in FY2025, averaging $11,188 in energy-efficiency upgrades per home.

## Latest updates

- **2026-07** — TVA highlighted the continuing economic and navigation role of its integrated river system as the United States marked its 250th anniversary.
- **2026-05** — TVA's board reviewed 3,770 megawatts of generation under construction as the region faced historic demand growth; Mike Skaggs was serving as interim president and CEO.
- **2026-02** — The TVA board continued oversight of one of the largest generation construction programs in the agency's history.
- **2025-11** — TVA reported FY2025 operating revenue of $13.7 billion, more than $4.6 billion invested during the year and $4.2 billion planned for FY2026.
- **2025-05** — TVA submitted the second and final part of its construction permit application for a BWRX-300 small modular reactor at Clinch River; the NRC accepted the application for review.
- **2025-01** — TVA met a new all-time system peak of 35,430 megawatts on January 22.

## Links

- Website: https://www.tva.com
- LinkedIn: https://www.linkedin.com/company/tva
- Twitter/X: https://x.com/TVAnews
- YouTube: https://www.youtube.com/@TennesseeValleyAuthority
- Facebook: https://www.facebook.com/TVA

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Last updated: 2026-08-12