Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 262

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1
Chunk 262
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 invoice issuance.Other RevenueOther revenue consists primarily of wheeling and network transmission charges, sales of excess steam that is a by-product of power production, delivery point charges for interconnection points between TVA and the customer, REC sales, and certain other ancillary goods or services. 

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Disaggregated RevenuesDuring 2025, revenues generated from TVA's electricity sales were $13.5 billion and accounted for virtually all of TVA's revenues.  TVA's operating revenues by state for each of the last three years are detailed in the table below:Operating Revenues By StateFor the years ended September 30(in millions) 202520242023Alabama$1,995 $1,768 $1,731 Georgia329 295 284 Kentucky850 776 773 Mississippi1,254 1,150 1,146 North Carolina88 89 89 Tennessee8,915 7,998 7,819 Virginia52 47 46 Subtotal13,483 12,123 11,888 Off-system sales7 8 14 Revenue capitalized during pre-commercial plant operations(1)(4)(3)(3)Revenue from sales of electricity13,486 12,128 11,899 Other revenue186 186 155 Total operating revenues$13,672 $12,314 $12,054 Note(1) Represents revenue capitalized during pre-commercial operations at Johnsonville Aeroderivative CT Units 21-30 in 2025 and Paradise CT Units 5-7 in 2024.     TVA's operating revenues by customer type for each of the last three years are detailed in the table below:Operating Revenues by Customer TypeFor the years ended September 30(in millions)  202520242023Revenue from sales of electricity  Local power companies$12,334 $11,138 $10,903 Industries directly served1,017 868 864 Federal agencies and other139 125 135 Revenue capitalized during pre-commercial plant operations(1)(4)(3)(3)Revenue from sales of electricity13,486 12,128 11,899 Other revenue186 186 155 Total operating revenues$13,672 $12,314 $12,054 Note(1) Represents revenue capitalized during pre-commercial operations at Johnsonville Aeroderivative CT Units 21-30 in 2025