TVA one of 10 Top Utilities in Economic Development

9/12/2011

When it came to boosting the economy, the Tennessee Valley Authority was one of best utilities in North America in fiscal 2010, according to Site Selection magazine.

Knoxville-based TVA is one of ten utility companies included on the annual "Top Utilities in Economic Development" list published in the magazine's September issue.

The magazine cited TVA for providing services, incentives and financial assistance that "helped companies invest $4.3 billion in economic development projects and attract or retain 41,000 jobs across the region in fiscal year 2010 ..."

TVA has made the magazine's top utilities list each of the last several years. Site Selection's picks are based on an analysis of projects in the utility companies regions, surveys of site consultants, innovative programs and business incentives, renewable energy programs and other objective and subjective criteria.

Source: Knoxville News Sentinel