FPU adjusts rates for commercial accounts
Fayetteville Public Utilities has adjusted the rate structure for general service accounts that fall into the GSA2 rate category.
The GSA2 customers typically use 51 kilowatts (kW) to 1,000 kW each month or use less than 50 kW but more than 15,000 kWh during the month. This rate adjustment is revenue-neutral for FPU.
These changes will align the wholesale and retail rate structures following the implementation of demand and energy wholesale rates in April 2011.
Effective Oct. 1, GSA2 customers will be billed $1.00 per kW for the first 50 kW used. Under the previous TVA rate structure, the first 50 kW have been billed at no cost to the GSA2 customer. At the same time, the energy rate billed to these customers will decrease.
While some customers will see a decrease in their monthly bill, others may see an increase. The change will depend on their demand and energy use.
For an example, general service customers using 100 kW and 18,250 kWh will receive a bill in October 2013 totaling $2,537.25. As a comparison, the bill amount for the same demand and energy use totaled $2,622.14 in October 2012. The total monthly fuel cost is more than 23 percent less this October as compared to October 2012.
For a complete listing of the October electric rates, please visit FPU’s web site at www.fpu-tn.com.