GPB News Archive

GPB's News site has MOVED!

Check out our completely redesigned webpage at

http://www.gpb.org/news

for the latest in local and statewide Georgia news!

Search This Blog

Blog Archive:

Wednesday, August 6, 2008

TVA rate hike possible

Tennessee Valley Authority customers could be facing their biggest electric rate increase in decades. TVA blames costs for coal and purchased power from others have skyrocketed. The impact on TVA's more than 8 million consumers could be a jump in their electric bill of 10 percent to 20 percent on Oct. 1. A 15 percent increase would be TVA's largest rate hike since 1977.

GPB News Team: