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$581M Investment to Boost Grid Reliability, Reduce Transmission Costs in Tennessee

The grant will fund 84 projects and is expected to add about 2.5 gigawatts of grid capacity, federal officials said.

Summary by WATE
KNOXVILLE, Tenn. (WATE) — A $581 million investment aims to lower electricity costs across eight states, including Tennessee, by strengthening the Tennessee Valley Authority’s grid. The investment is made up of two parts: $250 million in federal funding and about $331 million in applicant cost-share funding. The federal funding comes from the Department of Energy’s [...]

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WATE broke the news in Nashville, United States on Tuesday, October 13, 2026.
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