TVA Rate Decrease

Sep 13, 2011 at 06:14 am by bryan

Here’s some welcome news. Tennessee Valley Authority ratepayers in October will get a break from lower fuel costs, with average residential bills expected to drop by up to $3.50. Despite an overall 2 percent increase in the utility's base rate starting next month, a TVA statement Monday said a projected reduction in demand for power and coal-fired generation will actually reduce customer bills. Compared to September, the combined effects of the higher base rate and the decrease in total monthly fuel costs will mean an average decrease that ranges from $1.50 to $3.50, depending on usage.

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