Fayetteville Public Utilities (FPU) announced this week that the Tennessee Valley Authority’s (TVA) total monthly fuel cost for September will decrease by $2.43 on the average electric bill for 1,330 kilowatts.
“While the September savings will vary depending on each customer’s kilowatt use, residential consumers who use the household average of 1,330 kilowatts can expect electric bills to decrease from $149.03 in August to $146.60 in September,” said FPU’s CEO and General Manager Britt Dye.
“TVA reports that the overall system average fuel rate is approximately 18 percent lower than the three-year average for September’s fuel cost, largely due to higher hydro generation and lower than expected purchased power expenses,” Dye added.
September electric rates are based on TVA’s final summer month rate; October and November will reflect TVA’s transition month rates which are generally lower due to less energy used as the seasons change.
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 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 web site at www.fpu-tn.com.