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Electric fuel costs decrease for January

Posted on Friday, December 29, 2017 at 5:57 am

Fayetteville Public Utilities (FPU) announced this week that Tennessee Valley Authority’s (TVA) total monthly fuel cost will decrease for the month of January by 73-cents for residential electric customers who use the average of 1,330 kilowatts (kWh).

In the month of December, the average electric use of 1,330 kWh cost FPU consumers $144.74. In January, the same electric use will cost consumers $144.01.

According to TVA, the January 2018 total monthly fuel costs is approximately 12 percent lower than the three-year average. TVA says that the decrease in the fuel cost is primarily due to higher expectations for hydro generation and lower purchased power rates than projected.

“Although TVA’s total monthly fuel cost amount decreases in January, the total amount of our utility bills typically are higher in the winter months due to additional electric use for heating and lighting,” said FPU’s CEO and General Manager Britt Dye.

To help consumers with their energy costs, FPU offers a budget billing plan which averages monthly electric and natural gas bills. Call FPU at 433-1522 and speak with a customer service representative about the budget billing plan.