TVA proposing new rate structure

The company says the proposed rate restructuring will keep your bill more stable during the summer and winter months.

Posted: May. 7, 2018 11:22 AM

The Tennessee Valley Authority will discuss a change to its rate structure at its May 10th meeting.

This is not a rate increase. Instead, TVA is working to add a fixed-rate charge to local power company bills and reduce that same amount in their energy rate.

This system is similar to how several cell phone and gym plans work: the customer pays a base fee that covers constant access to a reliable service.

The rate restructuring is also designed to keep bills consistent during high demand periods like winter and summer.

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