For billing periods beginning April 1, 2011, TVA's total monthly fuel cost will change from 2.464 cents per kilowatt-hour to 2.376 cents per kilowatt-hour due to a change in the way TVA calculates its monthly fuel cost adjustment.
The 1.2 percent decrease will result in residential customers seeing a decrease of a little less than $1(compared to March) on their utility bills.
Effective with these April billings, TVA is changing its fuel cost adjustments each month to recover all of its monthly fuel cost, not just the variance from what the utility projected in its base rates.
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