Rising fuel costs to hike TVA power bills
Published: November 15,2011
NORTH MISSISSIPPI — A 2.8 percent increase in the Tennessee Valley Authority’s fuel cost will boost average residential electric bills in December between $1.50 and $3.50.
TVA said in a statement that demand for December is projected to be about 16 percent higher than November and TVA expects to use higher cost resources. The December forecast shows purchased power contributing to almost half the increase.
The boost follows three straight reductions in the monthly fuel cost.
TVA is the nation’s largest public utility and 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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s transition will help consolidate lawsuits alleging breach of contract
- Alcorn president launches new customer service task force
- Mississippi Film Studios signs contract with New Orleans company
- David Duval, former British Open winner, joins Sanderson Farms field
- MDOT cutting more than 40 jobs in Right-of-Way Division
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Granddaughter of Barq's Root Beer founder dies at 90
- Board authorizes sale of company that owns Silver Slipper Casino