Electricity

The Tennessee Valley Authority (TVA) is the largest public power producer in the nation, serving more than 9 million people. It is known for its reliability and has never dropped firm load to any industrial customer in its history and has the highest reliability rate in the nation.

TVA generates 152 billion kilowatt-hours of electricity annually, or enough power to meet the needs of nearly 10 million homes. TVA also manages the Tennessee River, the nation’s fifth-largest river system, operating 29 hydroelectric dams, eight coal-fired fossil plants, three nuclear-power plants, nine combustion-turbine sites and one pumped-storage plant in Tennessee, with a combined generating capacity of more than 19,655 megawatts.

TVA has joined Oak Ridge National Laboratory, the University of Tennessee, and others in the Volunteer State Solar Initiative, a comprehensive solar-energy and economic-development program.

In addition to providing dependable power at a competitive rate, TVA and its power distributors offer a host of other programs. The utility offers a unique range of economic incentives that will benefit your project from start-up to long-term success in the Valley. Valley Incentive Programs consider both economic and power system metrics to create a profile of your company’s value to the region, and that, in turn, determines appropriate funding levels. The goal is to treat you like a VIP by demonstrating concrete benefits now and for multiple years into the future.

Demand is forecasted to exceed generating capacity in many areas of the US by mid-decade. Kiplinger reports that the West Coast, Northwest, Northeast, Southwest, and some Midwestern cities will be vulnerable. The Southeast US is one area in the country that will have ample power supply. TVA and local power companies (LPCs) provide East Tennessee with superb reliability and competitive rates.

For more information, visit https://www.tvasites.com/services/incentives/