News

TVA Board Approves New Rate Classification for Data Centers

Dec. 11, 2008 – The TVA Board has approved a change in TVA’s manufacturing rate classification to help retain and attract data centers and similar businesses to the Tennessee Valley.

Under the change, data centers are eligible for TVA manufacturing rates if they have a power demand in excess of 5 megawatts and operate at an average of at least 80 percent of this demand.

“We recognize the benefits data centers bring to the Tennessee Valley by bringing high paying jobs to local communities and by using power in a way that complements the TVA power system,” said TVA President and CEO Tom Kilgore. “TVA offers a variety of rate options to attract and retain qualifying industries in the Valley and to increase their competitiveness in today’s economy. TVA reviews its rate options regularly and makes adjustments to coincide with marketplace changes and customer needs.”

Data centers are typically large facilities that house computer systems and associated components. Examples of data centers include Internet search engine companies, businesses that process financial transactions and other high-tech industries.

Like manufacturing businesses, data centers locate where they can get the most competitively priced, reliable power and best overall cost structure for their businesses.

For more information, call us at 615-232-6225 or E-mail us at econdev@tva.com