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UPDATE: TVA rates to drop again due to reduced fuel costs

by The Associated Press

2 years ago | 612 views | 0

| 11

KNOXVILLE — Abundant rainfall has again helped to reduce the Tennessee Valley Authority's fuel costs and that means a monthly savings of between 50 cents and $1 for typical residential customers, starting Feb. 1.

TVA began the fiscal year Oct. 1 with an 8 percent general rate increase but because of reduced fuel adjustment costs, customers are still paying less than a year ago.

The fuel cost reduction is the fifth straight since TVA converted to a monthly calculation. TVA uses the fuel cost adjustment to help recover fluctuating fuel and purchased power costs.

TVA is the nation's largest public utility with nearly 9 million consumers in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.

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UPDATE: TVA rates to drop again from fuel cost adjustment | 2 years ago

UPDATE: TVA to reduce rates again | 3 years ago

UPDATE: First higher TVA fuel cost adjustment since 2008 | 2 years ago

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TVA monthly fuel cost dropping up to $2 in April | 14 months ago

UPDATE: TVA rates to drop again from fuel cost adjustment | 2 years ago by The Associated Press Associated Press Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

UPDATE: TVA to reduce rates again | 3 years ago by Duncan Mansfield/The Associated Press Associated Press Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

UPDATE: First higher TVA fuel cost adjustment since 2008 | 2 years ago by The Associated Press Associated Press Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

UPDATE: Rising fuel costs to TVA passed on to customers | 2 years ago by The Associated Press Associated Press Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

TVA monthly fuel cost dropping up to $2 in April | 14 months ago by The Associated Press Associated Press Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

UPDATE: TVA rates to drop again from fuel cost adjustment | 2 years ago

UPDATE: TVA to reduce rates again | 3 years ago

UPDATE: First higher TVA fuel cost adjustment since 2008 | 2 years ago

UPDATE: Rising fuel costs to TVA passed on to customers | 2 years ago

TVA monthly fuel cost dropping up to $2 in April | 14 months ago