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NEWS
 
Copyright 2007. Use by permission only.
 
Electric Rates Increase April 1
 

Carroll County electric customers will see their electric bills increase 11.68 percent on meters read on or after April 1, according to Lynn Compton, manager of Carroll County Electric Department. That equates to a cost increase of $11.68 on an average bill of $100.00.

Of the 11.68 percent increase, 10.22 percent goes to TVA to help fund the growing power demand of the Tennessee Valley and 1.46 percent stays in Carroll County for operational expenses to offset the high cost of materials, fuel, right-of-way costs, etc.

TVA met three all-time winter records for electricity consumption in the Valley since January 1. Last summer, TVA met 13 all-time summer records for power demand during record-breaking August heat wave. When power demand is at its peak, TVA often pays four to five times normal costs for additional power form other energy suppliers, added Compton.

In Weakley County, rates will increase seven percent with a minimum residential bill of $8.88. The rate is .07909 for up to 800 kilowatt-hours, and .07828 otherwise for residential customers. The rate is .08748 per kilowatt-hour for commercial customers.

 
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April 1, 2008
 

 

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