Summer rains mean lower TVA power bills
Published: December 10,2013
NORTH MISSISSIPPI — The Tennessee Valley Authority says an unusually wet summer has translated into lower electric bills for customers.
John McCormick, Tennessee Valley Authority’s vice president for river operations, said in a statement that the rain kept the utility’s hydroelectric dams, which provide the cheapest source of energy, working overdrive.
Scott Brooks, a Nashville-based TVA spokesman, told The Tennessean that the extra hydro power has allowed TVA to purchase less energy from more expensive sources, a pattern is expected to continue this month.
The rainfall has led to a record-setting year for TVA’s 29 hydroelectric dams, which produced more energy in 2013 than at any other time in the past eight decades.
TVA serves 9 million people in parts of seven southeastern states.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- DAVID DALLAS — From Dan and Dixie with love
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- Suit against Kemper employee Brett Wingo is dismissed
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- Ole Miss chancellor: Talks continue over job status