Fayetteville Public Utilities announced this week that electric customers will see a decrease of $2.19 in the Tennessee Valley Authority’s total monthly fuel charge on their bills effective May 1.
The month of May also continues the transition months for electric rates which results in lower rates from TVA.
The decrease of $2.19 reflects the average electric use of 1,330 kilowatt hours. In April, customers using 1,330 kilowatt-hours were billed $146.37. In May, electric bills for the same kilowatt use will be $144.18.
“TVA adjusts part of its energy rates monthly based on its expense of generating electricity using various resources and fuels,” says FPU’s CEO and General Manager Britt Dye. “The total fuel cost charge is a pass-through charge from TVA to FPU’s electric customers.”
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 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 fpu-tn.com for a detailed listing of electric rates effective in May.