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Revenue (Tables)
3 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
State [Table Text Block] TVA's operating revenues by state for the three months ended December 31, 2022 and 2021, are detailed in the table below:
Operating Revenues By State
(in millions)
Three Months Ended December 31
 20222021
Alabama
$428 $371 
Georgia
76 64 
Kentucky
198 171 
Mississippi
278 241 
North Carolina
25 20 
Tennessee
1,941 1,659 
Virginia
13 11 
Subtotal2,959 2,537 
Off-system sales
Revenue from sales of electricity2,963 2,538 
Other revenue52 45 
Total operating revenues$3,015 $2,583 
Revenue from External Customers by Products and Services [Table Text Block] TVA's operating revenues by customer type for the three months ended December 31, 2022 and 2021, are detailed in the table below:
Operating Revenues by Customer Type
(in millions)
Three Months Ended December 31
 20222021
Revenue from sales of electricity  
Local power companies$2,706 $2,306 
Industries directly served225 205 
Federal agencies and other32 27 
Revenue from sales of electricity2,963 2,538 
Other revenue52 45 
Total operating revenues$3,015 $2,583 
Schedule of Long-term Contracts for Purchase of Electric Power The number of LPCs by contract arrangement, the revenues derived from such arrangements for the three months ended December 31, 2022, and the percentage those revenues comprised of TVA's total operating revenues for the same periods, are summarized in the table below:
TVA Local Power Company Contracts
At or for the Three Months Ended December 31, 2022
Contract Arrangements(1)
Number of LPCs
Revenue from Sales of Electricity to LPCs
(in millions)
Percentage of Total Operating Revenues
20-year termination notice147 $2,345 77.8 %
 5-year termination notice361 12.0 %
Total153 $2,706 89.8 %
Note
(1) Ordinarily, the LPCs and TVA have the same termination notice period; however, in a contract with one of the LPCs with a five-year termination notice, TVA has a 10-year termination notice (which becomes a five-year termination notice if TVA loses its discretionary wholesale rate-setting authority). Certain LPCs have five-year termination notices or a shorter period if any act of Congress, court decision, or regulatory change requires or permits that election.