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Robust Economic Benefits

Tenaska has a 20-year record of being a good business neighbor in Fluvanna County, and the Expedition Generating Station project – a $2.4 billion investment – will help expand the county’s tax base at a time when at a time when residential tax bills continue to rise and emergency responders and schools are short on funding.

The new facility would account for about 33% of the assessed tax base and is expected to generate $247.7 million in tax revenue to Fluvanna County over 30 years of operation (with roughly $14.3 million projected in each of the first 5 years of operation and $8.3 million/year on average for 30 years). Tenaska is not seeking a tax abatement.

Construction will generate significant jobs and contractor opportunities, and operations will support 29 new, long-term jobs in the county.

Beyond this, our team has been working hard to respond to community concerns, mitigate project impacts and maximize local benefits. This includes:

  • Placing 350 acres into perpetual conservation easement.
  • Inclusion of the latest sound mitigation technology and stricter sound standards.
  • A Good Neighbor Fund that would provide annual payments – totaling approximately $5 million – to Fluvanna County homeowners within 2 miles of either the existing Tenaska Virginia plant or the Expedition project during each year of construction.
  • A Community Advisory Board that would ensure continued dialogue between Tenaska and the community over the course of development, construction and into operation.
  • Construction of a roundabout at the intersection of Ruritan Lake Road and Highway 53, which is already seeing high volumes of traffic.
  • $7 million in funding for first responders that can be used for a future first responder station in the Kidds Store area and to support the sheriff’s department.

We look forward to delivering on the Expedition Generating Station and these many benefits!

  • A 2025 economic impact study1 from Mangum Economics estimates the following benefits:

  • Construction

    $20.3 million in economic output2 to Fluvanna County, including:

      • 66 direct and 50 indirect/induced job years (full-time equivalents), with $7.5 million in wages
      • $9.7 million in sales and use taxes

    $445.6 million in economic output2 to the Commonwealth of Virginia, including:

      • 1,188 direct and 854 indirect/induced job years (full-time equivalents), with $170.6 million in wages
      • $41.7 million in sales and use taxes

  • Operations (Annually)

    $75.2 million in annual economic output2 to Fluvanna County, including:

      • 29 direct and 53 indirect/induced job years (full-time equivalents), with $8.8 million in wages
      • $8.3 million in property tax revenue (based on 30-year average)

    $90.6 million in economic output2 to the Commonwealth of Virginia, including:

      • 29 direct and 106 indirect/induced job years (full-time equivalents), with $13.4 million in wages

  • Long-Term Tax Revenue

    $247.7 million in tax revenue to Fluvanna County over 30 years of operation

      • $14.3 million/year during the first 5 years of operation
      • $8.3 million/year on average for 30 years
  • 1The study was conducted by Mangum Economics, based in Glen Allen.
    2Economic output is all economic activity in a local economy, inclusive of wages and taxes.

Watch this video to learn how Expedition can help ensure a bright future for Fluvanna County.

Community Engagement

Our team has had many conversations with Fluvanna County residents – both in group settings and individually. These conversations will continue over the lengthy development period and beyond. We continue to incorporate community feedback into our plans.

To date (since June 2025), our community outreach has included a project website with details about the proposed Expedition Generating Station, including a map, rendering and comprehensive list of Frequently Asked Questions (FAQs); videos of key topics of interest to the community; a dedicated project email address and phone number; advertisements in the local newspaper of record; interviews with local media outlets; email blasts; direct mail; small group briefings; neighbors surveys and home visits; county-wide mailings; and a community open house.

In addition, all application materials are posted on the county website.