Valley Investment Initiative (VII-E)

VII-E offers financial incentives to existing power customers who contribute to the economic development of the seven-state region and complement TVA’s power system resources.

Existing customers in targeted sectors whose facilities meet the following qualifiers may apply to be evaluated for a VII-E award:

• Minimum 250 kW peak monthly demand
• Minimum 25 employees; no plans to reduce workforce by 50% or more
• Financially sound
• Projected investment over five years of 25% of facility’s book value
• Standard power contract with a remaining term of at least five years

Award amounts are based on a customer’s industry multiplier as well as five-year projections and actual performance in these categories:

• Capital investment as a percentage of facility book value
• Energy efficiency improvements
• Jobs added or retained and average wages paid
• Load factor and coincident load factor

To learn more about this program, click the state names below to find the economic development specialist who serves your county.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Printable fact sheet PDF

 

Frequently asked questions