BernieHund: The Political Watchdog

TVA today announced a decrease in its fuel cost adjustment effective Jan.1, 2009.

Because the fuel cost adjustment is a per kilowatt-hour charge, amounts that consumers will save depends on the amount of energy they use. While savings will vary across the Tennessee Valley, residential consumers can expect a decrease ranging from about $4 to $8 in their monthly power bills. Since retail billing periods for TVA power distributors vary across the Valley, some January bills will include December usage at the lower FCA amount.

So, it is only a few dollars per month in savings, but it is something. A few months ago, as prices of everything began to spike, TVA raised it rates. Luckily for most of us the rate increase came at a time when we were between the air conditioner and heater usage.

This is not to dismiss the huge rate increase TVA made several months ago. However, this is a good effort to help most of TVA’s customers while prices on other goods and services continue to rise.