TVA bills to rise due to fuel cost adjustment
Published: July 18,2011
NORTH MISSISSIPPI — The Tennessee Valley Authority’s monthly fuel cost adjustment will raise average monthly bills for residential customers by up to $1 in August.
The utility said in a statement on its website that the increase is due mainly to higher expenses for coal and purchased power during June.
The increase follows the utility adding up to $6 to bills this month in response to the severe weather in late April.
Damage to TVA’s transmission system caused all three reactors at the Browns Ferry Nuclear Plant in North Alabama to be offline for much of May and the replacement power cost was almost $90 million.
To sign up for Mississippi Business Daily Updates, click here.
3 Responses to “TVA bills to rise due to fuel cost adjustment”
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Two BancorpSouth mergers delayed by federal inquiries
- Severstal selling plants, including Severstal Columbus
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Moon River Foods creating 100 jobs in Mississippi Delta
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Police find Attorney General Hood's stolen handgun
- Communities awarded national Main Street accreditation
- Pickwick Pines settles lawsuit; pays $260K
- MSU sets new annual fundraising record of $106M-plus