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TVA OFFICIALS TALK OF RESTRUCTURING BILLING SYSTEM

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The Tennessee Valley Authority is looking at the possibility of restructuring its billing system that would be more “user friendly” during times of severe power usage. At a meeting Thursday, officials with the public utility said that January 2018 was a brutal time in Tennessee due to the frigid temperatures and amount of energy used to heat homes and businesses. As a result, customers saw a considerable rise in their electric bills for the month. TVA’s VP of Pricing and Contracts, Cass Larson, reports that the utility is working toward a wholesale rate change that would align the price structure by dropping energy rates and adding a fixed-rate charge. Larson stated that they are working through the details of the project’s involvement with local power companies, and that consumers will be provided with the chance to give feedback.

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