It looks like their rate schedule is published on the web site. I see a customer charge of $15.75, 6.501 cents/KWH charge plus TVA’s fuel cost of (this month) 2.154 cents/KWH. I wonder if he might have slipped a decimal point - the TVA fuel charge in December was 2.734 cents/KWH. Slipping one place on the decimal point and you have 27.34 cents/KWH.
Mine are similar - our minimum customer charge is lower, but the rate per KWH is a little higher. Overall, for my rate of usage, it averages out to around 9.5 to 10 cents/KWH. I watch it carefully.
I do know that in the future, they will be coming out with time-of-use rates. I don’t know exactly what they’ll be yet, but they will most likely be higher “on peak” when the cost of purchased power is incrementally higher, and will likely be lower “off peak” when it’s cheaper. How big the difference is will determine whether or not people will go for it.
BTW, this “smart” meter will be able to facilitate that because it sends data to the power board every 15 minutes. I’m with EPB of Chattanooga.
BTW, this “smart” meter will be able to facilitate that because it sends data to the power board every 15 minutes. I’m with EPB of Chattanooga.
Because we live in the mountains of Upper East Tn., we call your country, the lower country. My son-in-law told me parts of the (lower Country) were already paying the new electrical rate....ours starts April first?
Some of the info. you provided is new to me. I need to talk with my son-in-law and ask him to garner more info for me.
Thanks for the re. and the info. you have provided.