TVA’s fuel adjustment cost to drop in April
NORTH MISSISSIPPI — The Tennessee Valley Authority’s monthly fuel cost adjustment will drop by up to $2 for average home customers in the April billing due partly to an accounting change.
TVA in a statement March 15 said the newly named total monthly fuel cost reflects a 1.2 percent decline in the utility’s total average wholesale price per kilowatt hour, compared with the March billing.
The decline stems partly from TVA changing to calendar-month sales in its fuel accounts.
Effective April 1, TVA is also changing its 19-year-old rate structure to promote energy efficiency and reduce peak power demand.
Decisions about customer rates from that change are being made by the utility’s 155 distributors that supply power in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
Source: The Associated Press
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Moon River Foods creating 100 jobs in Mississippi Delta
- Two BancorpSouth mergers delayed by federal inquiries
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Severstal selling plants, including Severstal Columbus
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- Google chooses Mad Genius as example of Internet use
- Weyerhaeuser investing $57M to modernize lumber mill
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Health officials identify another case of chikungunya virus