Tennessee Valley Electric Cooperative

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.

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

51–100 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

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

• Electric power distribution
• Energy efficiency programs
• Residential electricity service
• Commercial industrial services
• Cooperative utility services

Headquarters

HQ city

Savannah

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core 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

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Tennessee Valley Authority (TVA)coreStrategic or Co-development PartnerTVA 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 ServiceminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Savannah, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-925-5735.
• Burk's Heating & A/CminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Adamsville, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-632-1122.
• Cooper Heating & A/CminorChannel Partner/ Reseller/ DistributorLocal certified contractor providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-925-4104.
• Fuller Heating & A/CminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Muscle Shoals, AL providing HVAC installation services for TVEC's EnergyRight program. Contact: 256-381-7195.
• Gray's InsulationminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Selmer, TN providing insulation services for TVEC's EnergyRight weatherization program. Contact: 731-610-5276.
• Harbin Heating & A/CminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Counce, TN providing HVAC installation services for TVEC's EnergyRight program. Contact: 731-689-3651.
• Insulation WorksminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Florence, AL providing insulation services for TVEC's EnergyRight weatherization program. Contact: 256-762-8477.
• McDaniel Window & DoorminorChannel Partner/ Reseller/ DistributorLocal certified contractor providing window and door installation services for TVEC's EnergyRight program. Contact: 256-767-2568.
• Morris RefrigerationminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Collinwood, TN providing refrigeration and HVAC services for TVEC's EnergyRight program. Contact: 931-724-9387.
• RBC InsulationminorChannel Partner/ Reseller/ DistributorLocal certified contractor in Hohenwald, TN providing insulation services for TVEC's EnergyRight weatherization program. Contact: 931-628-0958.
• River City RefrigerationminorChannel Partner/ Reseller/ DistributorLocal 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

Direct 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

• Facebookfacebook.com/TVECcom
• LinkedInlinkedin.com/company/tennessee-valley-electric-cooperative

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tennessee Valley Electric Cooperative