Tennessee Valley Electric Cooperative
Tennessee Valley Electric Cooperative is a member-owned electric distribution cooperative founded in 1939 in Savannah, Tennessee, distributing power from the Tennessee Valley Authority to residential, commercial, and industrial members across Hardin and Wayne Counties.
- Company typePrivate
- Founded1939
- HeadquartersSavannah, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Tennessee Valley Electric Cooperative does
Tennessee Valley Electric Cooperative (TVEC) is a member-owned electric distribution cooperative founded in 1939 and headquartered in Savannah, Tennessee. The cooperative distributes electricity to residential, commercial, and industrial members across two offices in Savannah (Hardin County) and Waynesboro (Wayne County), operating within an exclusive service territory assigned through its regulatory relationship with the Tennessee Valley Authority (TVA). TVEC purchases wholesale power from TVA and bills members through standard monthly and PrePay pricing models, with the bulk of revenue generated from per-kWh distribution fees.
Its core technology stack consists of conventional distribution infrastructure — power lines, transformers, and end-use metering — supplemented by specialized commercial and industrial engineering services delivered through TVA's Comprehensive Services Program (CSP), which provides free technical studies across lighting, HVAC, wiring, power quality analysis, and ultrasonic leak detection. Member-facing add-ons include the EnergyRight efficiency program with a network of eleven certified local HVAC and insulation contractors, a heat pump financing product (loans from $2,500 to $20,000 added to monthly electric bills), the New Homes Program offering cash incentives for energy-efficient construction, and an eScore home energy assessment product. Service initiation is enabled through online Adobe Sign workflows, the MyUsage mobile app, and MyUsagePayments bill-pay portal.
TVEC operates under the seven cooperative principles, with profits returned to members rather than external shareholders and governance exercised through a directly elected board of directors representing six districts. The business model combines regulated distribution revenue, interest income from member heat pump loans, and value-added programs funded or co-branded with TVA. Revenue is not publicly disclosed.
Tennessee Valley Electric Cooperative firmographics
Firmographics- Name
- Tennessee Valley Electric Cooperative
- Legal name
- Tennessee Valley Electric Cooperative
- Website
- https://tvec.com
- Company type
- Private
- Founded year
- 1939
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tennessee Valley Electric Cooperative is a member-owned electric distribution cooperative founded in 1939 in Savannah, Tennessee, distributing power from the Tennessee Valley Authority to residential, commercial, and industrial members across Hardin and Wayne Counties.
- Ownership category
- akta.pro rank
Tennessee Valley Electric Cooperative industry classification
Industry- Product category
- Electric Utility Distribution
- NAICS
- Electric Power Distribution (221122)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)
- akta.pro secondary industries
- Electric Distribution System Owners (Wires-Only Companies) (EUADABAI), Demand Response & Load Flexibility Services (EUAMAJAF)
Keywords
Where Tennessee Valley Electric Cooperative is headquartered
LocationHeadquarters
- HQ city
- Savannah
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Tennessee Valley Electric Cooperative business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel
Revenue model
- Electric Power Distribution: Core revenue from providing safe, reliable electric power to member/owners at low cost. Revenue is generated through electricity distribution based on usage (kWh consumption) billed monthly to residential, commercial, and industrial customers.
- Heat Pump and Weatherization Financing: TVEC offers financing for heat pump installation ($2,500-$20,000) and weatherization. Loans are repaid through monthly electric bills with low interest rates, providing revenue through interest and increased electricity consumption from new heat pump systems.
- Commercial and Industrial Technical Services: CSP program provides engineering and technical assistance to C&I customers at no charge. Revenue is generated through maintaining commercial and industrial load customers who contribute to overall electricity distribution revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Heat Pump Financing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Tennessee Valley Electric Cooperative product offering
Product offeringCore offering
Tennessee Valley Electric Cooperative distributes electric power to residential and commercial/industrial members across its assigned service territory in the Tennessee Valley region, operating as a member-owned cooperative under the Tennessee Valley Authority framework. The cooperative delivers electricity through owned distribution infrastructure, billed monthly based on kWh consumption, and layers value-added programs including the Comprehensive Services Program (CSP) for commercial/industrial energy studies, EnergyRight residential efficiency upgrades, Heat Pump Financing, and a New Homes energy-efficient building incentive program.
Product overview
Tennessee Valley Electric Cooperative offers a unified electricity distribution service for residential and commercial customers across Tennessee, with add-on programs focused on energy efficiency and conservation. Core offerings include standard monthly billing and PrePay electricity service, supplemented by the Comprehensive Services Program (CSP) for commercial/industrial energy studies, Heat Pump Financing for residential HVAC upgrades, the New Homes Program for energy-efficient construction, and the TVA-backed EnergyRight program for homeowner efficiency improvements. Additional services include eScore for energy assessments and various downloadable forms for service applications, permits, and regulations.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Electric Service Standard monthly billing electricity service for single-family dwellings, manufactured homes, modular homes, and qualifying rental properties in the TVEC service territory.
- PrePay Electricity Service Prepaid electricity billing option allowing members to pay for power in advance, with downloadable application and brochure.
- Commercial Electric Service Electricity distribution service for commercial and industrial customers with a separate application and service initiation process.
- Comprehensive Services Program (CSP) Free TVA-backed engineering and technical assistance program for commercial and industrial customers covering lighting studies, HVAC analysis, metering, wiring, water heating, power quality, food services consultation, process recommendations, power factor correction, grounding/lightning protection, and ultrasonic leak detection.
- Heat Pump Financing Low-interest financing for heat pump installation ($2,500–$20,000) added to the member's monthly electric bill with no down payment required, including a free staff inspection after installation. Requires minimum 625 Equifax credit score and home ownership.
- New Homes Program Energy-efficient building program offering cash incentives for new construction meeting efficiency standards, including computer modeling of house plans and upgrade recommendations for homeowners building new homes.
- EnergyRight Program TVA energy efficiency program enabling homeowners to improve home efficiency through TVA-certified local contractors, with rebates for eligible upgrades, instant savings measures, and access to local energy advisors.
- eScore Energy scoring and loan information service helping residential members understand and improve their home energy efficiency.
Quantifiable outcome
- Heat pump loans available from $2,500 to $20,000
- +1 more outcomes
Companies that use Tennessee Valley Electric Cooperative
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Tennessee Valley Electric Cooperative technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
Tennessee Valley Electric Cooperative partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Tennessee Valley Authority (TVA)coreTVA is the federal agency that provides power generation and manages the Tennessee River system. TVEC partners with TVA for the EnergyRight energy efficiency program, Comprehensive Services Program (CSP) for commercial customers, and receives wholesale power. TVA sets standards that TVEC contractors must meet for program eligibility.
- AD ServiceminorLocal certified contractor in Savannah, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-925-5735.
- Burk's Heating & A/CminorLocal certified contractor in Adamsville, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-632-1122.
- Cooper Heating & A/CminorLocal certified contractor providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-925-4104.
- Fuller Heating & A/CminorLocal certified contractor in Muscle Shoals, AL providing HVAC installation services for TVEC's EnergyRight program. Contact: 256-381-7195.
- Gray's InsulationminorLocal certified contractor in Selmer, TN providing insulation services for TVEC's EnergyRight weatherization program. Contact: 731-610-5276.
- Harbin Heating & A/CminorLocal certified contractor in Counce, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-689-3651.
- Insulation WorksminorLocal certified contractor in Florence, AL providing insulation services for TVEC's EnergyRight weatherization program. Contact: 256-762-8477.
- McDaniel Window & DoorminorLocal certified contractor providing window and door installation services for TVEC's EnergyRight program. Contact: 256-767-2568.
- Morris RefrigerationminorLocal certified contractor in Collinwood, TN providing refrigeration and HVAC services for TVEC's EnergyRight program. Contact: 931-724-9387.
- RBC InsulationminorLocal certified contractor in Hohenwald, TN providing insulation services for TVEC's EnergyRight weatherization program. Contact: 931-628-0958.
- River City RefrigerationminorLocal certified contractor in Waynesboro, TN providing refrigeration and HVAC services for TVEC's EnergyRight program. Contact: 931-332-0896.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Tennessee Valley Electric Cooperative competitors and assessment
Company assessmentDirect peers
- Plateau Electric Cooperative: A member-owned electric distribution cooperative in Tennessee, also purchasing wholesale power from TVA. Closely aligned in governance, scale, and service territory type.
- Meriwether Lewis Electric Cooperative: A Tennessee-based member-owned electric distribution cooperative serving rural members with TVA wholesale power. Directly comparable in cooperative governance, rural service territory, and energy efficiency programs.
- Southwest Tennessee Electric Membership Corporation: A neighboring TVA-served electric cooperative in western Tennessee. Directly comparable in rural Tennessee service territory, member-owned distribution model, and program portfolio.
- Cumberland Electric Membership Cooperative: A Tennessee-based electric cooperative serving residential and small commercial members via TVA wholesale power. Directly comparable business model and member services.
- Sequachee Valley Electric Cooperative: A TVA-served electric cooperative in southeastern Tennessee serving rural members. Directly comparable in cooperative structure, distribution-only model, and small scale.
- Middle Tennessee Electric Membership Corporation: A large TVA-served electric cooperative serving middle Tennessee. Directly comparable as a member-owned distribution cooperative in the same Tennessee Valley region with similar TVA program participation.
- Duck River Electric Membership Corporation: A Tennessee-based electric distribution cooperative also served by TVA. Directly comparable in business model, member-owned structure, rural service territory, and TVA program dependence.
- Pickwick Electric Cooperative: A small TVA-served electric cooperative in southwestern Tennessee. Directly comparable as a small-scale, rural, member-owned distribution utility.
Broad incumbents
- Volunteer Energy Cooperative: A Tennessee utility cooperative offering natural gas and electric services across a broader multi-county footprint. Comparable as a member-owned utility in Tennessee but with a wider service territory and mixed-fuel offering.
Others
- Tennessee Valley Authority (TVA): TVEC's wholesale power supplier and program partner. Comparable relationship because TVA sets the program frameworks (EnergyRight, CSP) that TVEC delivers to members, but TVA is not a peer in distribution.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Tennessee Valley Electric Cooperative social profiles
Digital presenceTennessee Valley Electric Cooperative compliance and trust
Trust signalCompliance1 record
Tennessee Valley Electric Cooperative financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tennessee Valley Electric Cooperative leadership team
Management profileNumber of profiles
Profiles14 records
Tennessee Valley Electric Cooperative funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tennessee Valley Electric Cooperative M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tennessee Valley Electric Cooperative
What does Tennessee Valley Electric Cooperative do?
Tennessee Valley Electric Cooperative distributes electric power to residential and commercial/industrial members across its assigned service territory in the Tennessee Valley region, operating as a member-owned cooperative under the Tennessee Valley Authority framework. The cooperative delivers electricity through owned distribution infrastructure, billed monthly based on kWh consumption, and layers value-added programs including the Comprehensive Services Program (CSP) for commercial/industrial energy studies, EnergyRight residential efficiency upgrades, Heat Pump Financing, and a New Homes energy-efficient building incentive program.
Is Tennessee Valley Electric Cooperative a public or private company?
Tennessee Valley Electric Cooperative is a private company. It is classified as unknown and is currently operating.
When was Tennessee Valley Electric Cooperative founded?
Tennessee Valley Electric Cooperative was founded in 1939. It employs 11 to 50 people.
Where is Tennessee Valley Electric Cooperative based?
Tennessee Valley Electric Cooperative is headquartered in Savannah, United States, in the North America region.
How does Tennessee Valley Electric Cooperative make money?
Three revenue lines are on record. Electric Power Distribution is the primary driver. The others are heat Pump and Weatherization Financing and commercial and Industrial Technical Services.
Who are Tennessee Valley Electric Cooperative's main competitors?
Direct peers on record are Plateau Electric Cooperative, Meriwether Lewis Electric Cooperative, Southwest Tennessee Electric Membership Corporation, Cumberland Electric Membership Cooperative, Sequachee Valley Electric Cooperative, Middle Tennessee Electric Membership Corporation, Duck River Electric Membership Corporation and Pickwick Electric Cooperative. Volunteer Energy Cooperative is listed as a broad incumbent. Tennessee Valley Authority (TVA) is listed as an others.
Does Tennessee Valley Electric Cooperative have an API?
No public API is recorded for Tennessee Valley Electric Cooperative.
What industry is Tennessee Valley Electric Cooperative in?
Tennessee Valley Electric Cooperative's product category is Electric Utility Distribution. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities), with a secondary code of EUADABAI, Electric Distribution System Owners (Wires-Only Companies). Its NAICS code is 221122 and its SIC code is 4911.