TVA customers to pay less for power in October
NORTH MISSISSIPPI — Tennessee Valley Authority ratepayers in October will get a break from lower fuel costs, with average residential bills expected to drop by as much as $3.50.
Despite a 2 percent increase in the utility’s base rate starting next month, a TVA statement yesterday said a projected reduction in demand for power and coal-fired generation will actually reduce customer bills.
Compared with September, the combined effects of the higher base rate and the decrease in total monthly fuel costs will mean an average decrease of $1.50 to $3.50, depending on usage.
The statement said average wholesale rates in October will be lower than they have been since June.
TVA supplies power to about nine million people in Tennessee, Kentucky, Alabama, Mississippi, Georgia, North Carolina and Virginia.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- 'Blue Economy' important for Mississippi's future
- J.McLaughlin to open in Highland Village next spring
- Hyatt-Place is Columbus’ newest hotel option
- Hunting deer? There's an app for that