Fayetteville Public Utilities (FPU) announced this week that the Tennessee Valley Authority (TVA) total monthly fuel cost will increase this month.
Residential customers who use the household average of 1,330 kilowatt hours can expect to see a change from their October electric bill of $141.60 to $144.96 in November; the increase for the average 1,330 kilowatt hour use is $3.36.
TVA states that the overall average fuel cost rate is approximately five percent lower than the three-year average for November.
“The November fuel cost increase is directly related to the very warm weather we experienced in September, which resulted in 50 percent more cooling degree days than normal,” said FPU CEO and General Manager Britt Dye.
As per TVA’s seasonal rate structure established in 2011, November will reflect TVA’s transition month rate, which is generally lower due to less energy used as the seasons change. Beginning in December, TVA’s winter month rates will be in effect.
To help customers 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 budget billing.
For a complete listing of FPU electric rates, visit FPU’s website.