Tennessee Valley Authority

Tennessee Valley Authority produces and sells electricity in the United States, generating power from coal-fired, nuclear, and hydroelectric facilities as well as combustion turbine and diesel generators. It sells power at wholesale to distributor customers such as municipalities and cooperatives, which resell it at retail rates, and also supplies power directly to federal agencies, customers with large or unusual loads, and parties with exchange power arrangements. As of September 30, 2008, it operated 29 conventional hydroelectric sites, 1 pumped storage hydroelectric site, 11 coal-fired sites, 3 nuclear sites, 11 combustion turbine sites, 2 diesel generator sites, 1 wind energy site, 1 digester gas site, 1 biomass cofiring site, and 15 solar energy sites. The company serves approximately nine million customers in Tennessee, northern Alabama, northeastern Mississippi, southwestern Kentucky, and portions of northern Georgia, western North Carolina, and southwestern Virginia, and it manages the Tennessee River and its tributaries for purposes including navigation, flood damage reduction, power generation, environmental stewardship, shoreline use, and water supply. It was founded in 1931 and is based in Knoxville, Tennessee.