TVA approves special rate for data centers as Memphians weigh impacts

News Clip2:43ABC24 Memphis·Memphis, Shelby County, TN·8/21/2026

The Tennessee Valley Authority (TVA) met in Memphis and approved a new special electricity rate specifically for data centers. This decision is expected to impact residents of Memphis as the new rate aims to attract data center development to the region.

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Gov: Tennessee Valley Authority
The Tennessee Valley Authority met in Memphis Thursday and approved a plan to create a new rate specifically for data centers.