For third consecutive month, TVA cuts rate

by

Published: October 17,2011

Tags: electricity, energy, energy bills, fuel costs, power, utilities

NORTH MISSISSIPPI — Tennessee Valley Authority ratepayers will get another slight decrease because of lower fuel cost in November, with a drop between 50 cents and $1.00 for average residential customers.

TVA said in a statement the third straight monthly reduction is due to significantly lower fuel costs, mild temperatures, reduced demand and increased hydro generation.

The monthly fuel cost is at its lowest point in more than a year following drops of up to $3.50 this month and up to $1.50 in September for average residential customers.

On Oct. 1, the nation’s largest public utility’s rates increased for average residential customers by $1.60 a month.

TVA supplies power to about nine million people in Tennessee, Kentucky, Alabama, Mississippi, Georgia, North Carolina and Virginia.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: