The Tennessee Valley Authority (TVA), which covers seven states in the Southeast including a portion of Western North Carolina, just passed a new rate for data centers.
At the latest quarterly board meeting for the utility, held in Memphis, Tennessee, the board passed the rate change, while moving forward with its Integrated Resource Plan, a document that outlines its approach to energy through 2050.
This document has been the subject of contention from environmental groups throughout the Tennessee Valley and the utility’s seven-state footprint, which includes North Carolina. The plan drops most of TVA’s already limited investment in solar power and all of its planned investment in wind energy and instead focuses on coal, gas, and nuclear power.
The rate change, which goes into effect on Oct. 1, 2026, is expected to be billed at about 10% and phased in over three years.
