TVA News

06/09/2026

A presidential memo that called for a $500,000 compensation limit for all employees struck at the heart of a debate as old as TVA: Should the federal agency act more like a government entity or more like a private company?

The board of the nation's largest government-owned power provider will soon bring its process for setting CEO pay more in line with the federal law that created the agency.

06/07/2026

The Tennessee Valley Authority applied for and received more than $115 million in funding from the Trump administration to support operations of its largest coal-fired power plant, previously scheduled to close by 2028.

The Tennessee Valley Authority applied for and received more than $115 million in funding from the Trump administration to support operations of its largest coal-fired power plant, previously scheduled to close by 2028.

06/03/2026

TVA told President Donald Trump that it would reduce compensation across its workforce by up to $153 million next year in cuts that will mostly hit executives while reducing the maximum performance-based portion of all employee pay. Here are five questions and answers about the pay cuts.

The Tennessee Valley Authority told President Donald Trump that it would reduce compensation across its workforce by up to $153 million next year in cuts that will mostly hit executives while reducing the maximum performance-based portion of all employee pay.

06/02/2026

The Tennessee Valley Authority has entered its fourth and largest agreement to lease a power plant to a third party for an up-front payment and lease it back, a financial maneuver that frees up billions of dollars for other projects.

05/30/2026

Top U.S. officials overseeing the nation's electric grid and stockpile of nuclear weapons visited Chattanooga to discuss Tennessee's central role in scientific research and development championed by the second administration of President Donald Trump.

Top U.S. officials overseeing the nation's electric grid and stockpile of nuclear weapons visited Chattanooga on Thursday and Friday to discuss Tennessee's central role in scientific research and development championed by the second administration of President Donald Trump.

05/29/2026

As tensions grow over the high electricity costs and usage of data centers, TVA proposed rate changes that would increase the cost of power bills for data centers rather than residents.

A letter that Tennessee Valley Authority officials sent to local utilities has been published widely as tensions grow over the high electricity costs and usage of data centers. The changes TVA proposed, however, would increase power bills for data centers rather than residents.

05/28/2026

The Tennessee Valley Authority, one of the largest employers in the Chattanooga area, will reduce pay across the agency by as much as $153 million in response to a memo from President Donald Trump.

05/28/2026

Seven States Power Corp., a Chattanooga-based energy cooperative, will use $439 million in loans and grants from the U.S. Department of Agriculture to build grid-level batteries across Tennessee.

05/28/2026

A contractor recently fired from the Chickamauga lock replacement project has informed the state that it will lay off 183 people in Hamilton County.

05/22/2026

The Tennessee Valley Authority has prepared a response to the White House concerning how the agency pays its employees, and CEO Mike Skaggs expressed confidence the response will close President Donald Trump's push for a flat pay ceiling.