TVA raises rates again as fuel costs increase
NORTH MISSISSIPPI — The Tennessee Valley Authority (TVA) is raising rates for a fifth straight month due to higher fuel costs, adding up to $4 a month for residential customers.
Compared to June, the July fuel cost adjustment will increase monthly residential bills between $1.50 and $4, depending on usage.
The utility said in an online statement that the higher rate also reflects projected increased generation to meet summer demand.
TVA has nearly nine million consumers in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- MBJ Special report: MDA numbers help with cities’ retail pitches
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- COO of TL Wallace Construction keeps eye on revenue growth and profits
- RAISING AWARENESS — Lori Newcomb, family join fight against ovarian cancer
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- DREAMS AND OYSTERS — Houstons set for August opening of Saltine in Fondren