Changes Set for October’s Electric Rates

October Electric Rates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fayetteville Public Utilities (FPU) announced this week that it has slightly modified its own local rate structure effective October 1 although these rate changes provide no new revenue for the utility. 

 

The Tennessee Valley Authority’s (TVA) rates include adjustments to the total monthly fuel cost and the seasonal rates. “The overall effect of the October rate adjustments is a 3.39 percent or $4.97 decrease,” says FPU’s CEO and General Manager Britt Dye. 

 

The overall system average fuel cost adjustment rate is approximately 16% lower than the three year average. This is primarily due to higher expectations for hydro generation. Customers using 1,330 kilowatt hours in October will be billed $141.60 as compared to September bills of $146.57 for the same electric use.

 

As per TVA’s seasonal rate structure established in 2011, October and November will reflect TVA’s transition month rates which are generally lower due to less energy used as the seasons change. December through March will reflect TVA’s winter rates. 

 

For a complete listing of FPU electric rates, visit FPU’s website at www.fpu-tn.com.