TVA gets $250 million from U.S. Department of Energy for grid upgrades

By: Angela Dennis

Outlets: Tennessee Lookout

Published: October 14, 2026

Words: 819

Last Updated: 3 days, 12 hours ago

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KNOXVILLE, Tenn. — The U.S. Department of Energy plans to send $250 million to the Tennessee Valley Authority for grid upgrades that federal and TVA officials said Tuesday will lower power costs and ease congestion, though they did not say by how much.

The money will help fund 84 transmission and distribution projects across eight states, DOE said. With about $331 million in cost-share funding, the total investment is about $581 million. The …

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