TVA customers paying for Kingston ash spill

by Associated Press

Published: February 2,2011

Tags: disaster, disaster recovery, electricity, energy, environment, utilities

NORTH MISSISSIPPI — Tennessee Valley Authority customers are each paying an average of 69 cents a month for the ongoing cleanup of coal ash spilled at the Kingston Plant west of Knoxville.

The nation’s largest public utility plans for its nine million customers to continue paying the cleanup cost that is projected to total up to $1.2 billion until 2024.

TVA is continuing a cleanup of about 5.4 million cubic yards of ash that spilled in a breach of a pond dam in Dec. 2008.

TVA spokesman Scott Brooks said the cleanup rate increase is generating about $73 million annually and was a board decision in the budget that took effect in Oct. 2009.

Brooks also said any payouts from spill-related lawsuits could possibly add costs, but some of the cleanup cost might be recoverable from insurance.

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