MTEMC To See Slightly Lowered Rates

MTEMC members will see slightly lower rates when they get their bills inJanuary, as the Tennessee Valley Authority has decreased its Fuel Cost
Adjustment (FCA).
The FCA will move from December’s rate of 0.654 cents per kilowatt-hour to
0.416 cents per kilowatt-hour.
“The actual percentage change in members’ bills will differ depending on
the amount of energy members use,” MTEMC Communications Coordinator Todd
Palmer said. “It looks to be about a two and one-half percent decrease on
average.”
The Fuel Cost Adjustment is affected monthly by the fluctuating global
costs and demand of coal, natural gas, nuclear fuel and other fuels used
by the Tennessee Valley Authority to produce electricity.