TVA increasing its fuel adjustment charge in June

by Associated Press

Published: May 15,2012

Tags: electiricty, energy, fuel adjustment, utilities, utility bills

NORTH MISSISSIPPI — The Tennessee Valley Authority is increasing its fuel adjustment charge by 0.7 percent in June.

According to the Chattanooga (Tenn.) Times Free Press, a typical household power bill will rise 80 cents for the same amount of use.

TVA spokesman Scott Brooks said the mild winter that was beneficial to customers allowed the federal utility to credit some of the savings to the monthly fuel charge in February, March and April. Those savings have been used up and Brooks said the fuel charge for June is more reflective of TVA’s actual costs for producing electricity.

TVA said earlier that the mild winter and cheaper natural gas prices lowered its fuel expenses through March by $323 million from the first six months of its previous fiscal year.

[RSS Feed] [del.icio.us]



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

POST A COMMENT

 

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.

Still planning that summer vacation?

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.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: