The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States that provides electricity and other services to nearly 10 million people in 7 southeastern states. Formed in 1933, the TVA has played a crucial role in the economic development of the region, particularly in terms of electricity generation, flood control, and environmental stewardship. Its unique status as a government agency allows it to prioritize affordability, reliability, and environmental responsibility in its operations.