Tennessee Valley Authority Law and Legal Definition
The Tennessee Valley Authority (TVA) is a U.S. federal cooperation created in 1933 to provide for navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the great depression. TVA is the nation's largest public power company, providing electric power to over nine million customers in the Tennessee Valley. A law enforcement agent designated can maintain law and order and protect persons and property in the area of jurisdiction. Law enforcement agents can also protect property and employees of a corporation outside that area.
According to 16 USCS § 831m-1, the TVA can conduct a least-cost planning program, whereby it can employ and implement a planning and selection process for new energy resources that evaluates the full range of existing and incremental resources (including new power supplies, energy conservation and efficiency, and renewable energy resources) in order to provide adequate and reliable service to electric customers of the TVA at the lowest system cost.