Quantcast

TVA Says Power Rates Down due to Wet Weather - NBC29 WVIR Charlottesville, VA News, Sports and Weather

TVA Says Power Rates Down due to Wet Weather

KNOXVILLE, Tenn. (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 This material may not be published, broadcast, rewritten or redistributed.

  • Sign Up for Email Alerts

    Sign up to receive NBC29 news and weather updates in your inbox daily.

    * denotes required fields



    Thank you for signing up! You will receive a confirmation email shortly.
  1. A former University of Virginia associate dean who is facing federal child porn charges is expected to plead guilty on Monday.
Full Story
  • Legal Expert Explains Sex Crime Stings vs. Entrapment

    Legal Expert Explains Sex Crime Stings vs. Entrapment

    Friday, April 18 2014 5:52 PM EDT2014-04-18 21:52:52 GMT
    NBC29’s legal analyst explains why it’s unlikely someone arrested after a sting operation can claim entrapment.Full Story
    NBC29’s legal analyst explains why it’s unlikely someone arrested after a sting operation can claim entrapment.Full Story
    1. A former University of Virginia associate dean who is facing federal child porn charges is expected to plead guilty on Monday.
    Full Story
  • Memorial Services Scheduled for Gus Deeds

    Memorial Services Scheduled for Gus Deeds

    Friday, April 18 2014 9:14 PM EDT2014-04-19 01:14:50 GMT
    Memorial services for Gus Deeds, son of state Senator Creigh Deeds, are planned for the beginning of May.Full Story
    Memorial services for Gus Deeds, son of state Senator Creigh Deeds, are planned for the beginning of May.Full Story
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and WVIR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.