The latest TVA rate decrease became effective on April 1.
Because the fuel cost adjustment is a per kilowatt-hour charge, amounts that consumers will save depend on the amount of energy they use. While savings will vary across the Tennessee Valley, residential consumers can expect a decrease that ranges from about $4 to $9 in their monthly power bills.
Retail billing periods for TVA power distributors also vary, so some April bills will include March usage at the lower rate. Overall, the decrease for the quarter will be about a 7 percent reduction on total average wholesale rates, and is a reduction of almost 40 percent from the current quarter’s fuel cost adjustment amount.
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