Customer: TVA rates ‘worse than ridiculous’
NORTH MISSISSIPPI — Some Tennessee Valley Authority industrial customers are grumbling about planned changes and rate increases that they contend have been “worse than ridiculous.”
Paul Holland, director of the Southeastern Power Users Group that represents about 72 TVA industrial customers, told The Knoxville (Tenn.) News Sentinel that planned changes will further drive up rates and steer companies away.
TVA President and CEO Tom Kilgore told the newspaper in response to the complaints in December that industrial rates have risen over the years but are still relatively low. He said TVA’s “industrial rates have changed a lot, but I think, comparatively speaking, we’re still not uncompetitive” with other areas.
TVA is increasing its wholesale electric rate by 1 percent and in April plans to change its wholesale rate structure, which could encourage companies to switch power use to periods of lower demand.
Holland said his group calculates that TVA industrial rates have risen 17 percent over six years, “which is worse than ridiculous.”
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Customer: TVA rates ‘worse than ridiculous’”
Top Posts & Pages
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Host families prepare for Mississippi Braves’ season
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- Ridgeland property rights tussle is expected to have wide impact
- PHIL HARDWICK: When will Mississippi change its culture?
- Two new casinos like the odds on Mississippi Gulf Coast
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Starkville's Cotton Mill Marketplace hotel breaks ground Wednesday