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.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- White House hotel making comeback in Biloxi
- McCarthy hired as CFO of Mississippi Development Authority
- State GOP chairman calls on McDaniel to hurry with challenge
- Fair cabins becoming more valuable, sources say
- Guns OK inside Mississippi polling places, attorney general says
- MARTIN WILLOUGHBY — Tyler Raborn finds success and fulfillment with Raborn Media
- Three indicted, alleged to have embezzled from agency
- Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau
- Cal-Maine strikes joint venture deal with Arizona company
- Nehi Bottling Company has been a Cleveland fixture for 85 years