published Wednesday, June 15th, 2011

Weather raising TVA rates

In this region, we depend upon Tennessee Valley Authority electricity. And high or low, TVA’s operating costs are reflected in our monthly electric bills.

TVA generates most of its power at nuclear plants, hydroelectric facilities at its dams, and coal-burning plants.

But TVA’s Browns Ferry Nuclear Plant near Athens, Ala., unfortunately had to stop producing electricity for a while after tornadoes cut power into and out of the facility.

Because of that loss — which had to be replaced by more costly energy — TVA’s wholesale rates will be going up 4.5 percent in July.

That will mean $3 to $6 more on monthly home bills, and more for businesses and industries.

“The loss of power from Browns Ferry alone cost about $90 million to replace that generation with more expensive power,” TVA spokesman Scott Brooks told the Times Free Press.

Nobody likes higher prices. But for most of us most of the time, TVA service continues to be reliable and economical.

Comments do not represent the opinions of the Chattanooga Times Free Press, nor does it review every comment. Profanities, slurs and libelous remarks are prohibited. For more information you can view our Terms & Conditions and/or Ethics policy.
please login to post a comment

videos »         

photos »         

e-edition »


Find a Business

400 East 11th St., Chattanooga, TN 37403
General Information (423) 756-6900
Copyright, Permissions, Terms & Conditions, Privacy Policy, Ethics policy - Copyright ©2014, Chattanooga Publishing Company, Inc. All rights reserved.
This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.