Broadband Disclosure Notice

NOTICE TO ELECTRIC SYSTEM CONSUMERS OF INVESTMENT IN COMMERCIAL BROADBAND

Humboldt Utilities Authority (HUA) requested authorization from its regulator, the Tennessee Valley Authority (TVA), to invest in commercial broadband by loaning electric system funds to its broadband division. TVA authorization is required for any electric system investments in commercial broadband. This Notice is being provided to HUA's customers pursuant to TVA's regulatory transparency requirements.

Previously, HUA filed an application with TVA requesting authorization to invest in commercial broadband by loaning electric system funds to its broadband division, HUA Broadband. Specifically, HUA Broadband will use the loaned electric system funds to finance the deployment of broadband infrastructure and other business costs necessary for the provision of commercial broadband services. TVA authorized the loan on June 5, 2025. Per TVA requirements, HUA Broadband is required to repay HUA the electric system funds loaned to it for commercial broadband purposes.

The total combined fiber investment for electric and commercial broadband purposes is projected to be $9,000,000. Of this amount, HUA intends to loan $2,250,000 of electric system funds to its broadband division for commercial broadband purposes. It is estimated that the total investment for both electric and commercial broadband will not have any rate impacts. 

Any questions regarding this broadband investment should be directed to:

Alex Smith, President
P.O. Box 850
Humboldt, TN 38343

Or by phone at (731) 784-9212.