VMDAEC Competitors

Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear. Our team is available Monday to Friday from 8 a.m. to 5 p.m. EST. If you suspect an emergency, please call 911.

For more than nine decades, the Tennessee Valley Authority has provided affordable electricity, environmental stewardship and economic development opportunities to the Tennessee Valley. TVA was established by Congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the Tennessee River system. TVA is fully self-financing, funding virtually all operations through electricity sales and power system bond financing. TVA makes no profit and receives no tax money. TVA’s power service territory includes most off Tennessee and parts of Alabama, Georgia, Kentucky, Mississippi, North Carolina and Virginia, covering 80,000 square miles and providing electricity to 10 million people at prices below the national average, TVA sales electricity to 153 local power companies and 61 directly served customers, including 54 industrial customers and 7 military and federal installations. Mission: TVA was built for the people – to improve the quality of life in a seven-state region through the integrated management of the region’s resources. The mission focuses on three key areas: • Energy – To provide reliable, affordable electric power throughout the Tennessee Valley. • Environment – To be a steward of the region’s natural resources. • Economic Development – To serve as a catalyst for sustainable economic development. ENERGY: As the nation’s largest government-owned power provider, TVA delivers reliable, competitively priced electricity local power companies and major industrial customers and federal installations. ENVIRONMENT: The Tennessee Valley Authority is committed to limiting the environmental impact of its operations and protecting the natural resources of the region. ECONOMIC DEVELOPMENT: TVA helps strengthen the regional economy by building partnerships with communities and the business sector to foster job growth and retention.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 75,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure, and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore. CoBank is an Affirmative Action and Equal Employment Opportunity Employer. Farm Credit is an Equal Housing Lender, and an Equal Credit Opportunity Lender.