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
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Top 40 Under 40
- Bids on reworking Interstate 55 stretch are rejected
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- CFPB wants repay ability at center of new payday loan rules
- MDA to close all its regional offices
- Top 40 Under 40 (digital magazine)