Summer rains mean lower TVA power bills

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.

[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.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: