Valley Investment Initiative (VII) For Business & Industry 

The Valley Investment Initiative (VII) is an economic development incentive jointly offered by TVA and distributors of TVA power. VII rewards end-use power customers in targeted business sectors who make a long-term commitment to the economic development of the Valley. 

Long-term Commitments
Projected capital  investment over a five-year period of 25% of an existing facility’s book value or $2.5 million in a new facility
Standard power contract with a remaining term at least as long as the five-year VII award period

Award amounts are based on a customer’s five-year projections and actual performance in these categories:
Capital Investment
Jobs added or retained
Average wages paid
Energy Effeciency
Load factor and coincident load factor

For more information, visit TVAed.