TVA power bills to increase
by Associated Press
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
- George’s Girls put shopping skills to work
- Justice Department files complaint against tax preparer
- DMR pays accounting firm more than double contract's worth
- Following ruling, Entergy to hand over records to county
- Report: State's emergency care ranks highest in Southeast
- Boyd Gaming reports drop in in-state net revenue
- Union-restricting legislation moves forward
- Chris McDaniel gets a thank you note from Travis Childers
- Nehi Bottling Company has been a Cleveland fixture for 85 years