Tennessee Valley Authority to charge utilities fixed fees
The TVA says it is offsetting the fixed fee it needs to maintain the power grid
MUSCLE SHOALS, Ala. (AP) — The federal Tennessee Valley Authority will charge its utilities a fixed fee that will likely be passed on to customers, no matter how much energy they use.
The TVA says it is offsetting the fixed fee it needs to maintain the power grid with an equal reduction of about a half-cent per kilowatt-hour in the variable wholesale rate for electricity.
The Southern Alliance for Clean Energy says the rates in October will harm vulnerable residents and diminish green energy progress. Also opposed are Nashville Mayor David Briley, the Tennessee Small Business Alliance and the NAACP.