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TVA customers preparing for rate hike in early October.

Publication: Mississippi Business Journal
Publication Date: 18-AUG-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Entergy Mississippi announced earlier in the summer that ratepayers' bills would increase an average of 28% because of the rising cost of natural gas, which makes up 60% of the company's fuel mixture used to manufacture electricity.

Now the price of coal is forcing the Tennessee Valley Authority (TVA), which supplies power to homes and businesses in North Mississippi, to do the same.

Tom Kilgore, CEO, TVA, announced August 6 that his utility company's rates will see an increase, although the exact percentage will be...

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