Weather driving down TVA electricity bills
Published: August 16,2013
NORTH MISSISSIPPI — A cool, wet summer continues to benefit TVA power customers in the seven-state region.
Tennessee Valley Authority spokesman Scott Brooks said today that the utility is reducing its fuel adjustment charge in September to the lowest level since March 2012. The levy will fall from the current 2.22 cents per kilowatt hour to 1.96 cents. That’s 20 percent lower than the charge was at this time last year.
Brooks told the Chattanooga Times Free Press TVA is generating 44 percent more electricity at its 29 hydroelectric dams now than it was a year ago. Hydro is the cheapest generation source. Rainfall across the region is 35 percent more than at this time 2012.
The adjustment charge reflects the cost of fuel, including coal and natural gas.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- Comstock quits Tuscaloosa play on falling prices
- Clinton office complex sold for $20.5 million
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- PHIL HARDWICK: Characteristics of a good year-end fundraising letter
- Short supplies, high demand boost cattle producer profits
- State certifies school referendum for 2015 ballot