Despite milder weather, TVA’s power sales increased 1% year-over-year, Rice said. The federal utility’s total operating revenue grew to $10 billion over the first nine months of the fiscal year, up 3% year-over-year. TVA’s net income jumped to $965 million in that period, from $745 million in the year-ago period, the utility said in a release. BY THE NUMBERS: TVA Q3 ‘26 $965M TVA’s net income over the first nine months of the fiscal year, a $220 million increase year-over-year. “Operating and maintenance expenses decreased by $76 million over the same period last year, driven primarily by tax credits,” Rice said.