Power FM 98.1 (call sign: 2VLY) is a local radio station in the Hunter Valley of New South Wales, Australia.

It is owned and operated by ARN, and is licensed to subsidiary Radio Hunter Valley, along with sister stations 2NM and 94.5 Hot Country.

Power FM commenced operations on 7 June 1995, as Radio Hunter Valley's supplementary licence, following a series of test simulcasts of 2NM.

The station also operates a translator on 102.7 MHz in Merriwa, broadcasting from the Bandera Downs transmission site with a power output of 50 watts.

Currently, the station airs an adult contemporary format, featuring music from the 1980s through to today's top 40 hits, aimed at an audience aged under 35.