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TVA customers to see bigger bills

by Associated Press

Published: July 21,2010

Tags: energy, utilities

NORTH MISSISSIPPI — Tennessee Valley Authority customers paying a sixth straight month of higher fuel cost adjustments in August will see increases ranging between $1 and $2 on typical residential bills.

Adding the 1.5 percent fuel cost in August boosts the total increases since March 1 to more than 20 percent.

A TVA statement says the August increase is primarily due to “substantially higher than expected fuel costs for June caused by much higher than normal temperatures.”

TVA’s statement says about half of its power supply comes from coal, oil and natural gas and when prices of these fuels increase, TVA’s costs increase.




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