TVA’s monthly fuel cost will drop in February
Published: January 16,2012
NORTH MISSISSIPPI — The Tennessee Valley Authority’s monthly fuel cost will drop between $2 and $4.50 in February billings for average residential customers due to mild weather.
The Knoxville-based utility said for billing periods beginning Feb. 1, the total monthly fuel cost would decrease from the current 2.251 cents per kilowatt-hour to 1.996 cents per kilowatt-hour. That represents a 3.5 percent decrease in the average wholesale price.
The amount of decrease depends on usage levels.
TVA said the fuel cost is the lowest in almost two years and is due mostly to milder temperatures in December that allowed higher than expected, low-cost hydroelectric generation.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Prison won’t interrupt ex-prison chief’s retirement cash flow
- Ex-prison boss and businessman admit to bribery scheme
- ASA postmortem: industrial recruiting is a constant cycle of death and life
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- MBJ Business Woman of the Year Top 10
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi
- Meet the MBJ's Businesswoman of the Year — Rosemary Smith, a business hotshot
- DAVID DALLAS — Delbert Hosemann: An unsung hero chooses to remain so