TVA says power rates down due to wet weather - WRCBtv.com | Chattanooga News, Weather & Sports

TVA says power rates down due to wet weather

KNOXVILLE, TN (AP) - Your power bill may be lower than usual this month largely due to heavy rains in May.

The Tennessee Valley Authority recalculates its wholesale rates at the beginning of every month based on fuel and purchased power costs. This July's rate is about 10% lower than last year.

The Knoxville-based utility says the unusually wet weather caused hydroelectric power generation to stand at 138% of normal levels through the first half of the year. That means TVA didn't have to buy as much other fuel to meet increased demand during the summer months.

TVA is the nation's largest public utility. It provides power to about 9 million people in Alabama, Georgia, Kentucky, Mississippi, North Carolina, Tennessee and Virginia.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NewsMore>>

  • CPD hires new communications coordinator after internal job posting

    CPD hires new communications coordinator after internal job posting

    Friday, August 1 2014 6:40 PM EDT2014-08-01 22:40:36 GMT
    It took just four days and an internal-only posting for the City of Chattanooga to find its new communications coordinator for the Chattanooga Police Department. Mayor Andy Berke's former administrative assistant was selected for the job.More
    It took just four days and an internal-only posting for the City of Chattanooga to find its new communications coordinator for the Chattanooga Police Department. Mayor Andy Berke's former administrative assistant was selected for the job.More
  • Students to learn news lessons on distracted driving

    Students to learn news lessons on distracted driving

    Friday, August 1 2014 6:38 PM EDT2014-08-01 22:38:34 GMT
    After a serious texting and driving crash involving a student and a sheriff's deputy earlier this summer, students in McMinn County will be getting an extra lesson on distracted driving when they go back to school next week.More
    After a serious texting and driving crash involving a student and a sheriff's deputy earlier this summer, students in McMinn County will be getting an extra lesson on distracted driving when they go back to school next week.More
  • Erlanger's foreclosure attempts against Hutcheson derailed

    Erlanger's foreclosure attempts against Hutcheson derailed

    Friday, August 1 2014 6:09 PM EDT2014-08-01 22:09:10 GMT
    In a ruling, a Federal Court Judge in Rome agreed with Hutcheson Medical Center and Regions bank to grant the request for an injunction, effectively stopping the foreclosure efforts of Erlanger Health System against Hutcheson.More
    In a ruling, a Federal Court Judge in Rome agreed with Hutcheson Medical Center and Regions bank to grant the request for an injunction, effectively stopping the foreclosure efforts of Erlanger Health System against Hutcheson.More
Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.