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TVA directors are meeting in Knoxville on Thursday to consider a 2010 budget taking effect in October.
Officials at the nation's largest public utility refused to provide details before the meeting.
But Chief Financial Officer Kim Greene said last month that rates will likely have to absorb new costs.
Those include $1 billion for the Kingston ash spill cleanup, $1.7 billion for new court-ordered pollution controls and another $1 billion for the TVA pension fund to offset stock market losses. Pensioners still are facing proposed cuts in cost-of-living increases.
Last year, TVA raised rates by 20 percent. But that was mostly in fuel adjustment charges that have been removed.
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