TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth

TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth

Aug. 28, 2023

During the decade before COVID, TVA’s seven-state region saw almost no electric load growth. Post-COVID, the region has experienced tremendous economic growth, fueled by several factors.

The Tennessee Valley Authority Board of Directors approved $15 billion in investments over the next three years to build additional generation and upgrade the existing system to ensure the region continues to benefit from affordable, reliable power. TVA is focused on meeting growing electricity demand while maintaining energy security and moving to a net-zero carbon future.

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