By putting thousands of people immediately to work at good-paying jobs and providing access to low-cost electricity to a region lacking cheap electrical power, the proved to be immensely popular among those Americans it served. Tennessee Valley Authority

Explanation:

Tennessey Valley Authority is the largest public power company in US, it manages the fifth largest river of USA. It manages the river to provide recreation, keep it clean and protect the aquatic life. It was created on May 18, 1933 by a congressional charter.

It was envisioned to be a development agency that would modernise the society and economy by electrification. It became a power utility after the depression years it mainly became a power utility.  All its shares are owned by the federal government and it doesn't receive any taxpayer funding.