Fayetteville Public Utilities announced this week that electric customers will see a 14-cent increase on their electric bills as the Tennessee Valley Authority rates change effective April 1.
The 14-cent increase reflects the average electric use of 1,330 kilowatt hours.
“Beginning April 1, TVA’s energy rates move from a winter rate to a transition month rate, resulting in a decrease in energy charges for the month of April,” FPU’s CEO and General Manager Britt Dye said.
“When combined, the increased TVA fuel cost and decreased transition rate result in an overall increase of 14 cents for the 1,330 average kilowatts.”
Dye continued to explain that TVA’s cost to produce electricity decreases as energy demand during moderate temperature months throughout the year reduces typical electric use and requires less peak production of power.
In March, customers using 1,330 kilowatt-hours were billed $136.82. In April, electric bills for the same kilowatt use will be $136.96.
To further help electric consumers with their energy costs, FPU offers a budget billing plan to average monthly electric and natural gas bills. FPU also offers the TVA Do-It-Yourself Energy Audit. The audit is available online at www.fpu-tn.com. You may also visit FPU and pick up a paper version of the energy audit.
Please check FPU’s web site at www.fpu-tn.com for a detailed listing of electric rates effective in April.