Thursday, October 14, 2010
TVA Lowers Residential Bills
KENTUCKY....
The Tennessee Valley Authority, which supplies power to nearly 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia, has announced that, after increases for eight months, it will cut residential bills between $3.50 and $7, beginning November 1st. TVA says that in September, coal, purchased power and gas prices were 12 percent below the predicted level. That helped to offset demand that was higher than projected and lower hydro generation than had been forecast. The 5 percent decrease in November follows a total 28 percent increase in the fuel cost adjustment since March.
# posted by Homer Owens @ 11:03 AM 
