First Higher TVA Fuel Cost Adjustment Since 2008

Knoxville, TN – The Tennessee Valley Authority says its fuel costs are up due to higher demand in colder than normal temperatures and that means monthly residential bills will increase between two and a half and five and a half dollars for the first time since October 2008. A TVA statement says the increase takes effect in billing periods that begin March 1st. The adjustment is the way TVA manages changing fuel costs and the cost of purchased power.