Friday, February 13, 2009

East Tennessee To See Relief From TVA Rate Cuts

Although TVA is a large reason that the East Tennessee region is one of the lowest areas for cost of energy in the country, the increases over the past year have hit many pockets harder than the local population would like to see. In an effort to help the community, The Johnson City Power Board had absorbed a small portion of those rate hikes, but there still was a large percentage to swallow. Thankfully, the Tennessee Valley Authority, in light of recent figures, has cut rates back, not just once this year, but has announced a second cut in April 2009.
It is nice to see companies that not only care about the "bottom line", but can see how it may affect their customers. If the customer is having trouble, eventually they will, also.
Thanks to both organizations for your concern for your communities and markets!

Please see link below for a link to a short article with more figures:
http://www.wate.com/Global/story.asp?S=9833891

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