TVA power bills to increase
Published: February 11,2010
NORTH MISSISSIPPI — The Tennessee Valley Authority (TVA) says its fuel costs are up due to higher demand in colder than normal temperatures and that means monthly residential bills will increase between $2.50 and $5.50.
TVA said in a Feb. 10 statement the increase takes effect in billing periods that begin March 1. The upward fuel cost adjustment is the first since Oct. 2008.
The adjustment is the way TVA manages changing fuel costs and the cost of purchased power. TVA began the fiscal year Oct. 1 with an 8 percent general rate increase.
TVA is the nation’s largest public utility with nearly nine million consumers in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Barbour to lead Butler Snow economic development firm
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- Kemper plant employee gag order continued
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- Ex-prison boss and businessman admit to bribery scheme
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- The leadership styles of President Obama
- Delta State conference brings renowned speakers
- (UPDATE) Judge rules on Google request on attorney general inquiry