TVA net income rises 3% to $965M on data center power demand

The Tennessee Valley Authority reported a $220 million increase in net income for the first nine months of fiscal 2024, driven by surging power sales to hyperscaler data centers competing for electricity in the Southeast.

First covered Aug 6, 2026 · 1:54 PM PT · 1 article

Coverage

1d Utility Dive Data center power sales drive $220M increase in TVA’s net income — The federal utility’s total operating revenue was $10 billion over the first nine months of the fiscal year, up 3% year-over-year, with a net income of $965…

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decaturdaily.com TVA reports higher revenues, sales; purchased power costs also up | State | decaturdaily.com

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Appeared in: 2026-08-07 (#20)

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