TVA’s Industry Leading Performance

TVA’s 2024 industry-leading performance that addressed load growth and supported people and communities across seven states was recently recognized by the Tennessee Valley Authority Board of Directors.

Zero serious injuries reported, one of the best safety years in TVA history.

Over half of the energy TVA produced was carbon-free, and TVA has 4,200 megawatts of solar either commercially operating or under contract for development.

TVA invested over $3.9 billion in Fiscal Year ‘24 to build new generation and infrastructure and enhance the performance and reliability of existing assets.

TVA also exceeded Home Uplift goals by over 90 homes. Provided $1.5 million in STEM grants to 343 regional schools. Invested nearly $3 million to help make 106 schools more energy efficient through TVA School Uplift program all in 2024.

In fiscal year 2024, TVA maintained strong financial health and made investments of over $3.9 billion in its power system. TVA’s net income was $1.1 billion for the fiscal year, which was $635 million higher than the prior year due mainly to higher operating revenues and lower operating expenses.