News

September 30, 2009 at midnight EDT

EPB Customers to See Decrease in Cost of Electric Power

CHATTANOOGA, Tenn. – EPB residential customers will see a decrease in the cost of electric power, due to TVA’s Fuel Cost Adjustment (FCA), on any bill printed on or after October 1, 2009. Even with a simultaneous TVA base rate increase, the October FCA is significant enough to result in an overall decrease for customers. This is the fourth FCA decrease in a row, following the past three quarters’ decreases. Customers should also note that TVA’s FCA will now occur monthly instead of quarterly.

On average, most residential customers use about 1300 kilowatt hours per month – more in the summer and winter, less in the spring and fall. With TVA’s upcoming rate increase and FCA, a bill for 1300 kilowatt hours will be about $2.34 less than it would have been this month, for the same amount of power used.

However, depending on weather and, therefore, how much energy an individual uses, TVA’s FCA decrease may or may not make much difference on a customer’s bill. That’s why EPB suggests customers visit them online at www.epb.net for energy savings tips. Residential customers are also encouraged to schedule a free EPB Home Energy Audit by calling (423) 648-1EPB (1372).

 
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