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Tennessee Valley Authority (TVA), U.S. government agency established in 1933 to control floods, improve navigation, improve the living standards of farmers, and produce electrical power along the Tennessee River and its tributaries.
The 1930s. With the country reeling from the Great Depression, President Roosevelt created his \u201cNew Deal\u201d to help America recover. The Tennessee Valley Authority was founded to help the hard-hit Tennessee Valley, where it was tasked with improving the quality of life in the region.
It pays its own way by selling the electricity it makes to its customers throughout the Tennessee Valley. Its power sales bring in more than $11 billion a year. TVA also offers people the chance to invest in TVA, which means they lend money to TVA for a while and earn interest on the loan.
As illustrated below, industrial customers served by TVA's local power companies pay only 6.3 cents per kilowatt-hour (kWh), and industrial customers served directly by TVA pay only 3.9 ¢/kWh.
As illustrated below, industrial customers served by TVA's local power companies pay only 6.3 cents per kilowatt-hour (kWh), and industrial customers served directly by TVA pay only 3.9 ¢/kWh.

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TVA uses water to make electricity at 29 hydroelectric dams and one pumped-storage power plant (at Raccoon Mountain near Chattanooga, Tennessee). Together these plants produced about 16.1 million megawatt hours of electricity in 2019, enough electricity to power more than one million homes for a year.
On July 1, TVA's FCA will cost 2 cents per kilowatt-hour more than last July. Families who use 1,000 kilowatts each month will see an average increase of $20.73 on their electric bill compared to July 2021.
Our Coal-Fired Plants TVA's five active coal-fired fossil plants have a total of 25 generating units. Each unit produces electricity by burning coal in a boiler to heat water to produce steam. The steam, under tremendous pressure, flows into a turbine, which spins a generator to produce electricity.
TVA sets the prices of electricity for their customers based on wholesale cost of service studies. This includes not only the rates themselves, but also the rate structure. TVA is able to do this through the TVA Act which obligates them to provide electricity at the lowest feasible rates.
The Tennessee Valley Authority (TVA) is a federally owned electric utility corporation in the United States.

Related links

Tennessee Valley Authority Act (1933) | National Archives

8 Feb 2022 — An Act to Improve the Navigability and to Provide for the Flood Control of the Tennessee River: To Provide for Reforestation and the Proper Use ...

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TVA Rates

Living in the Tennessee Valley, we enjoy electric rates lower than 70 percent of the country. But TVA provides much more than power through these low rates.

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on-site services terms - manuals.plus

The TVA Safety Manual (available at TVA's Supplier. ... penalty or cancellation charges incurred by Contractor if the work schedule is altered by TVA after ...

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