The simple answer to this questions is the Tennessee Valley Authority still exists today. When the Tennessee Valley Authority was created, it was to help provide electricity cheaply to the southern part of the United States. This was created as a part of Franklin Roosevelt's New Deal program. The goal was to provide cheap electricity which would encourage business to move into the region which would provide jobs. It continues to provide power to the South. It is owned by the United States government, and it still provides cheaper electricity (on the national average) to seven southern states. It is a non-profit organization and receives no tax dollars to operate. Besides providing cheaper electricity, the Tennessee Valley Authority assists with flood control in the region. It also helps with economic development. The Tennessee Valley Authority is alive and well today!!!