published Wednesday, May 18th, 2011

Electric rates up during summer

After a couple of months of falling electric rates, the Tennessee Valley Authority will boost its fuel cost adjustment again in June, boosting power rates by 0.3 percent. For the typical Chattanooga residential customer who uses 1,471 kilowatthours a month of power, the latest increase will add 29 cents to the monthly bill, according to EPB spokeswoman Lacie Newton.

EPB directors will review a budget plan Friday that could soon boost local power rates still higher as EPB seeks to recover from costly storms.

TVA also could be forced to make other fuel cost increases this summer, in part to offset the loss of at least three weeks of nuclear power generation because of damaged transmission lines at the Browns Ferry Nuclear Plant, TVA spokesman Scott Brooks said.

about Staff Report...

Get breaking news from the Times Free Press on Twitter at or by visiting us on Facebook or Twitter at the right:

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

Other National Articles

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.