From djournal.com:
The 8.6 million customers of the Tennessee Valley Authority can expect fuel adjustment cost rate increases of 17 percent beginning Oct. 1, the Chattanooga Times Free Press (full story) reported in its Tuesday editions. The figure was confirmed by business community sources briefed earlier by TVA.
The report confirms a prediction of a double-digit increase, the largest single increase in TVA’s 75-year history, made earlier by the seven-state public utility’s executives. The increase is expected to increase average monthly bills about $15.
However, TVA’s governing board, meeting Wednesday in Knoxville, may also raise the base-line rate, which could further increase monthly bills. The rate changes are driven by soaring costs for natural gas and coal which produce the largest amount of TVA’s electricity, and a region wide drought, which has stifled its hydro-electric generating program.
Read full details in the Daily Journal’s Wednesday and Thursday editions.
rawdawgbuffalo said
damn revernuers
Lynda said
shit– shit– and more shit!! I am just making it work now! Lovely! Just friggin’ lovely. Now we here in good ole’ Knoxville can figure out how to keep the heat on this winter too.