News and Music Discovery
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

TVA Rate Change Could Mean $3 More or $3 less

By AP

Knoxville, TN – The Tennessee Valley Authority is changing its 19-year-old rate structure beginning in April, but the nation's largest public utility can't say who among its 9 million customers will pay more. TVA is leaving customer rate decisions to its 155 distributors in seven states including Tennessee and Kentucky. TVA claims the move aims to change power use habits. TVA Senior Vice President John Trawick says the utility's change is "revenue neutral," and some customers who use a monthly average of 1,000 kilowatts will pay about $3 more and some will pay $3 less. It all depends on how distributors choose to pass along the cost.