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
- Officials set hunting dates for birds; expands dove season by 20 days
- Ex-state employee gets jail time for embezzling from school
- Madison's Christmas on Ice will not take place this year
- SPECIAL REPORT: Land may hold key to Jackson airport’s success
- Ex-judge disciplined, but not barred, by Supreme Court
- SPECIAL REPORT: A savvy pro is sought for Jackson airport's CEO
- Gunn: State's GOP needs to heal after Senate primary battle
- Bank welcomes Little
- USM Foundation sees second-highest fundraising total in history