Fuel cost adjustment to lower TVA electric bills
Published: December 15,2011
NORTH MISSISSIPPI — A 3.1 percent decrease in the Tennessee Valley Authority’s fuel cost will bring down average residential electric bills in January by between $2 and $4.
TVA said in a statement yesterday that the decrease is related to hydroelectric generation in November that was almost 30 percent higher than expected. That meant the utility did not have to rely as much on more expensive sources of electricity. Also sales were slightly lower than expected.
The decrease follows a 2.8 percent increase in December.
TVA is the nation’s largest public utility and supplies power to about 9 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
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Silver Airways ordered to continue service
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Bryant signs controversial abortion ban bill
- Two Delta groups getting economic development funding
- Soybean yield more than doubles in less than a decade
- Pharma Pac lays off rest of workers; could end up owing state
- Plans unveiled for large shooting range on Coast
- Ole Miss launches commitment to be 'climate neutral'
- Yarber could be sworn in today as new Jackson mayor
- Biloxi baseball project still alive but may be held for 2015