If you are moving to Tennessee, you are about to see your Tennessee power bills lowering. Residents across the state are enthralled about Tennessee Valley Authority’s announcement to lower fuel costs to the lowest they have been in a year.
TVA announced that its total monthly fuel cost rate for September would be 1,958 cents per kilowatt hour, which TVA spokesman Jim Hopson stated that, “This is about 9 percent below the three-year average for September, and it is the lowest fuel-cost adjustment this calendar year.”
On top of lowering Knoxville local’s power bills, the Tennessee Valley Authority has been seeking public comment on their plans to buy power from an Alabama solar installation. Knoxville movers respect the fact that TVA is considering residents’ opinions, concerns, and taking into consideration possible alternatives. Hopefully, a resolution will be reached that can maintain the low fuel cost rate. The solar project would tie a 645 acre facility in Alabama, to an existing TVA transmission line.
“This is our first proposal for utility scale solar,” TVA Chief Operating Officer Chip Pardee told the TVA board back in February.
If you are moving to Knoxville, know that you have until September 14th to log your opinion online under environment, environmental reviews, and Riverbend Solar Headings, or by mail to TVA.