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Thursday, September 18, 2014

Rate hike on horizon

Flipping on your lights will cost you a few more cents next month.

Electric bills are set to rise in April by about $3.80 a month for typical residential customers now that the Tennessee Valley Authority has approved a fuel-cost adjustment to cover fluctuating fuel and purchased-power costs.

Despite the rise, customers will still pay less this April compared to April 2009, thanks to a continuous credit that’s been in place since October. (March 25, 2010, Page 1)

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