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Business
11:16 am
Fri August 3, 2012
TVA electricity: winter sales down, summer sales up
By Associated Press
A 5 percent increase in electricity sales from hot weather this summer has boosted the Tennessee Valley Authority’s profits this quarter. But it wasn’t enough to offset the 5.9 percent drop that came with last winter’s mild patterns. TVA officials couldn't say whether they'd increase power rates at the start of the new fiscal year in October until after its board meets later this month.
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