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
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- Bids on reworking Interstate 55 stretch are rejected
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- Report ranks state schools' performance 51st in the nation
- Hosemann to launch crowd funding program
- CFPB wants repay ability at center of new payday loan rules
- Two new casinos like the odds on Mississippi Gulf Coast