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”
Top Posts & Pages
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Molpus closes Fund after more than $662M in commitments
- Kemper County plant will cost at least another $496M to complete
- Cochran calls on EPA for review of Yazoo Backwater Project
- State Sen. Gandy hospitalized in South America
- Camgian launches Internet of Things product called Egburt
- Number of requests for general election absentee ballots roughly same as primary
- Former Mississippi First Lady Carroll Waller dies at 87
- After string of losses, O'Hara sees himself as Senate 'protest vote'