TVA ratepayer ash cost averaging 69 cents a month - | Chattanooga News, Weather & Sports

TVA ratepayer ash cost averaging 69 cents a month

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CHATTANOOGA, Tenn. (AP) - Tennessee Valley Authority customers are each paying an average of 69 cents a month for the ongoing cleanup of coal ash spilled at the Kingston Plant west of Knoxville.

The nation's largest public utility plans for its 9 million customers to continue paying the cleanup cost that is projected to total up to $1.2 billion until 2024.

TVA is continuing a cleanup of about 5.4 million cubic yards of ash that spilled in a breach of a pond dam in December 2008.

TVA spokesman Scott Brooks said the cleanup rate increase is generating about $73 million annually and was a board decision in the budget that took effect in October 2009.

Brooks also said any payouts from spill-related lawsuits could possibly add costs, but some of the cleanup cost might be recoverable from insurance.

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