Millions of people call the TVA region home, and thousands of businesses rely on the region’s waterways. To them, the river is more than a power source. It’s a place for play and a place of beauty. It provides transportation and increases profits.
That’s why TVA has conducted a comprehensive two-year Reservoir Operations Study. The results — based on state-of-the-art analytical tools and input from thousands of residents of the region — will show whether changes in the operation of TVA reservoirs would produce greater public value. The TVA Board is expected to make a decision in 2004 after considering many factors, including recommendations from TVA staff and comments from the public and other interested parties.
TVA is in the power business to support the economic development of its communities. As the one economic development source that covers the seven-state Tennessee Valley region, TVA is in a unique position to partner with state and local governments, local power distributors, community and business leaders, and other stakeholders.
The partnerships paid off in Memphis, where TVA and Memphis Light, Gas & Water helped the city land a $50 million expansion by Medtronic, a global leader in medical appliances. The expansion provided 600 new jobs paying an average annual salary of $55,000.