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 $139.55 to $142.83 in November; the increase for the average 1,330 kilowatt hour use is $3.28.
TVA states that the overall average fuel cost rate is approximately 12 percent lower than the three-year average for November.
“The hot weather we experienced in September, along with lower-than-anticipated hydro generation contributed to the fuel cost increase,” 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 generally includes lower rates. Beginning in December, TVA’s winter month rates will be in effect.
FPU encourages customers to download the Smart Hub app to their computer or mobile devices. SmartHub is a free service offered by FPU and gives customers access to historical and daily utility information so that they can make decisions about how they use their utilities wisely during peak times.
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.
For a complete listing of FPU electric rates, visit FPU’s website.