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{{short description|American utility company}}
{{short description|American utility company}}
{{redirect|TVA}}
{{redirect|TVA}}
{{use mdy dates|date=November 2020}}
{{use mdy dates|date=November 2020}}The '''Tennessee Valley Authority''' ('''TVA''') is a [[State-owned enterprises of the United States#List of partially or wholly federally owned enterprises|federally owned]] [[electric utility]] [[corporation]] in the [[United States]]. TVA's service area covers all of [[Tennessee]], portions of [[Alabama]], [[Mississippi]], and [[Kentucky]], and small areas of [[Georgia (U.S. state)|Georgia]], [[North Carolina]], and [[Virginia]]. While owned by the [[Federal government of the United States|federal government]], TVA receives no taxpayer funding and operates similarly to a private for-profit company. It is headquartered in [[Knoxville, Tennessee]], and is the sixth-largest power supplier and largest public utility in the country.<ref name=reuters14/><ref name=sainz>{{cite news |last1=Sainz |first1=Adrian |title=Nation's largest utility in long-term deals to sell power |url=https://abcnews.go.com/US/wireStory/nations-largest-utility-long-term-deals-sell-power-67021289 |access-date=July 4, 2021 |work=ABC News |agency=Associated Press |date=November 14, 2019 |archive-date=July 9, 2021 |archive-url=https://web.archive.org/web/20210709182851/https://abcnews.go.com/US/wireStory/nations-largest-utility-long-term-deals-sell-power-67021289 |url-status=live }}</ref>
{{Infobox company
| name = Tennessee Valley Authority
| logo = [[File:US-TennesseeValleyAuthority-Logo.svg|140px|TVA logo]]<br />Logo of the TVA<br />[[File:Flag of the Tennessee Valley Authority.svg|border|140px|TVA flag]]<br />Flag of the TVA
| image = {{photomontage
  | photo1a = TVA-towers-tennessee-river-tn1.jpg
  | photo1b = TVA offices in Chattanooga, Tennessee (4403311112).jpg
  | photo2a = TVA map.png
  | spacing = 1
  | color_border = white
  | color =  white
  | size = 310
  }}
| image_size = 300px
| image_caption = From top down and left to right: TVA's twin tower administrative headquarters in [[Knoxville, Tennessee|Knoxville]], TVA's power operations headquarters in [[Chattanooga, Tennessee|Chattanooga]], and a map of TVA's service area
| type = [[State-owned enterprise]]
| slogan =
| foundation = {{Start date|1933|05|18}}
| founders = * [[Harcourt Morgan]]
* [[Arthur Ernest Morgan|Arthur Morgan]]
* [[David E. Lilienthal|David Lilienthal]]
* [[Federal government of the United States]]
| location = [[Knoxville, Tennessee]], [[United States|U.S.]]
| key_people = Joe Ritch, Chair<ref name="Board">{{cite web |url=https://www.tva.com/about-tva/our-leadership/board-of-directors |title=Board of Directors |work=TVA |access-date=November 25, 2020 |archive-date=November 22, 2020 |archive-url=https://web.archive.org/web/20201122124129/https://www.tva.com/about-tva/our-leadership/board-of-directors |url-status=live }}</ref><br />Jeff Lyash, CEO<ref>{{cite news |last=Gaines |first=Jim |date=February 14, 2019 |title=TVA names president of Canadian utility as new CEO to replace outgoing Bill Johnson |url=https://www.knoxnews.com/story/money/business/2019/02/14/tva-picks-new-ceo-jeffrey-lyash-president-of-ontario-power-generation/2868482002/ |work=[[Knoxville News Sentinel]] |location=Knoxville, Tennessee |access-date=December 5, 2019 |archive-date=April 11, 2020 |archive-url=https://web.archive.org/web/20200411211634/https://www.knoxnews.com/story/money/business/2019/02/14/tva-picks-new-ceo-jeffrey-lyash-president-of-ontario-power-generation/2868482002/ |url-status=live }}</ref>
| industry = [[Electric utility]]
| revenue = {{decrease}} US$12.05 billion (2023)
| operating income =
| net_income = {{decrease}} US$0.5 billion (2023)
| owner = [[Federal government of the United States]]
| homepage = {{URL|www.tva.com|tva.com}}
}}
 
The '''Tennessee Valley Authority''' ('''TVA''') is a [[State-owned enterprises of the United States#List of partially or wholly federally owned enterprises|federally owned]] [[electric utility]] [[corporation]] in the [[United States]]. TVA's service area covers all of [[Tennessee]], portions of [[Alabama]], [[Mississippi]], and [[Kentucky]], and small areas of [[Georgia (U.S. state)|Georgia]], [[North Carolina]], and [[Virginia]]. While owned by the [[Federal government of the United States|federal government]], TVA receives no taxpayer funding and operates similarly to a private for-profit company. It is headquartered in [[Knoxville, Tennessee]], and is the sixth-largest power supplier and largest public utility in the country.<ref name=reuters14/><ref name=sainz>{{cite news |last1=Sainz |first1=Adrian |title=Nation's largest utility in long-term deals to sell power |url=https://abcnews.go.com/US/wireStory/nations-largest-utility-long-term-deals-sell-power-67021289 |access-date=July 4, 2021 |work=ABC News |agency=Associated Press |date=November 14, 2019 |archive-date=July 9, 2021 |archive-url=https://web.archive.org/web/20210709182851/https://abcnews.go.com/US/wireStory/nations-largest-utility-long-term-deals-sell-power-67021289 |url-status=live }}</ref>


The TVA was created by [[United States Congress|Congress]] in 1933 as part of President [[Franklin D. Roosevelt]]'s [[New Deal]]. Its initial purpose was to provide [[navigation]], [[flood control]], [[electricity generation]], [[fertilizer]] manufacturing, [[Urban planning|regional planning]], and [[economic development]] to the [[Tennessee Valley]], a region that had suffered from lack of infrastructure and even more extensive poverty during the [[Great Depression]] than other regions of the nation. TVA was envisioned both as a power supplier and a regional economic development agency that would work to help modernize the region's economy and society. It later evolved primarily into an electric utility.{{sfn|Neuse|2004|pp=972–979}} It was the first large regional planning agency of the U.S. federal government, and remains the largest.
The TVA was created by [[United States Congress|Congress]] in 1933 as part of President [[Franklin D. Roosevelt]]'s [[New Deal]]. Its initial purpose was to provide [[navigation]], [[flood control]], [[electricity generation]], [[fertilizer]] manufacturing, [[Urban planning|regional planning]], and [[economic development]] to the [[Tennessee Valley]], a region that had suffered from lack of infrastructure and even more extensive poverty during the [[Great Depression]] than other regions of the nation. TVA was envisioned both as a power supplier and a regional economic development agency that would work to help modernize the region's economy and society. It later evolved primarily into an electric utility.{{sfn|Neuse|2004|pp=972–979}} It was the first large regional planning agency of the U.S. federal government, and remains the largest.
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