Thursday, April 17, 2014

TVA charges to drop
After many homeowners paid record high power bills through the winter, electric customers will get a reprieve next month. Cheaper fuel costs will push down the price of electricity generated by the Tennessee Valley Authority by more than 1.5 percent in May, saving the typical homeowner $2.38 on next month's light bill from the current rate. The Tennessee Valley Authority, is cutting its monthly fuel cost adjustment in May in response to lower demand and cheaper fuel prices compared with those in March and April. But electric prices next month will still be 4.2 percent higher than a year ago, or more than double the general inflation rate over the past 12 months, according to figures supplied Wednesday by TVA.


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Thursday, April 29, 2021

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