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TVA adds fee on top of rate hike

By R. Neal
Created Feb 21 2008 - 16:59
TVA adds 5% fee on top of rate hike [1]
The combined impact of the two rate hikes could add as much as $12 to the average customer bill from distributors... This latest increase is called a fuel cost adjustment, and it changes quarterly based on the costs of fuel.
The article says the rate hikes will help fund $2.5 billion for the Watts Bar nuclear plant expansion. In related news, TVA is purchasing another gas-fired power plant [2] at fire sale prices.

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http://www.knoxviews.com/node/7166