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==== Legal challenges ==== The TVA has faced multiple constitutional challenges. The [[United States Supreme Court]] ruled TVA to be constitutional in ''[[Ashwander v. Tennessee Valley Authority]]'' (297 U.S. 288) in 1936.<ref>{{cite court |litigants=Ashwander v. Tennessee Valley Authority |vol=297 |reporter=U.S. |opinion=288 |year=1936 |url=https://caselaw.findlaw.com/us-supreme-court/297/288.html |archive-url=https://web.archive.org/web/20211007131042/https://caselaw.findlaw.com/us-supreme-court/297/288.html |url-status=live }}</ref> The Court noted that [[Commerce Clause|regulating commerce among the states]] includes regulation of streams and that controlling floods is required for keeping streams navigable; it also upheld the constitutionality of the TVA under the [[War Powers Clause]], seeing its activities as a means of assuring the electric supply for the manufacture of munitions in the event of war.<ref>{{cite book |last1=Rodgers |first1=Paul |title=United States Constitutional Law: An Introduction |date=2011 |publisher=McFarland & Co. |location=Jefferson, NC |isbn=978-0-7864-6017-5 |page=48 |oclc=707092889 |url=https://books.google.com/books?id=xZ-61GFZE1kC&pg=PA48}}</ref> The argument before the court was that electricity generation was a by-product of navigation and flood control and therefore could be considered constitutional. The CEO of the [[Tennessee Electric Power Company]] (TEPCO), [[Jo Conn Guild]], was vehemently opposed to the creation of TVA, and with the help of attorney [[Wendell Willkie]], challenged the constitutionality of the TVA Act in federal court. The [[Supreme Court of the United States|U.S. Supreme Court]] again upheld the TVA Act, however, in its 1939 decision ''Tennessee Electric Power Company v. TVA''. On August 16, 1939, TEPCO was forced to sell its assets, including [[Hales Bar Dam]], Ocoee Dams [[Ocoee Dam No. 1|1]] and [[Ocoee Dam No. 2|2]], [[Blue Ridge Dam]] and [[Great Falls Dam (Tennessee)|Great Falls Dam]] to TVA for $78 million (equivalent to ${{formatprice|{{inflation|US-GDP|78000000|1939}}}} in {{inflation-year|US-GDP}}{{inflation-fn|US-GDP}}).<ref>{{cite encyclopedia |last1=Ezzell |first1=Timothy |title=Guild, Jo Conn |entry=Jo Conn Guild |url=https://tennesseeencyclopedia.net/entries/jo-conn-guild/ |encyclopedia=Tennessee Encyclopedia of History and Culture |year=2009 |access-date=February 11, 2013 |archive-date=March 8, 2021 |archive-url=https://web.archive.org/web/20210308103414/https://tennesseeencyclopedia.net/entries/jo-conn-guild/ |url-status=live }}</ref>
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