Nuclear outages add $590 million to TVA expenses amid revenue growth

Nuclear outages add $590 million to TVA expenses amid revenue growth

KNOXVILLE, Tenn. (WATE) — In a quarter where the Tennessee Valley Authority has seen more than a 10% growth in revenue compared to the year before, an increased number of nuclear outages have added costs. During the third quarter of the 2025 fiscal year, TVA recorded $9.8 billion in total revenues. That number was an 11% increase over the third quarter of 2024, which TVA said was primarily driven by higher rates and sales. High temperatures…

TVA reports increase in third quarter revenue amid nuclear outages - ExchangeMonitor

Earnings rose at the Tennessee Valley Authority (TVA), Knoxville, Tenn., in the third quarter of fiscal 2025, which the federal utility attributed to higher rates and sales. The net earnings of the third quarter of fiscal 2025 ended June 30 were $212 million, up from $181 million, in the third quarter of fiscal 2024. Quarterly revenue was $3.30 billion, up year-over-year from $2.87 billion, according to its Securities and Exchange Commission fis…