TVA faces rising cost pressure that likely will push up power rates

Staff Photo by Dave Flessner / The nine-member board of directors and TVA President Jeff Lyash review 2023 results during Thursday's board meeting in Tupelo, Miss., — the first city to ever buy TVA power 90 years ago.
Staff Photo by Dave Flessner / The nine-member board of directors and TVA President Jeff Lyash review 2023 results during Thursday's board meeting in Tupelo, Miss., — the first city to ever buy TVA power 90 years ago.

TUPELO, Mississippi — The Tennessee Valley Authority, which raised its wholesale rates last month for the first time in four years, may have more frequent rate hikes in coming years as the federal utility absorbs higher costs and rising power demand from growth in the region and electrification of cars,...

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