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MARCH POWER RATES FLAT TO SLIGHTLY DOWN ON FUEL

MARCH POWER RATES FLAT TO

SLIGHTLY DOWN ON FUEL

ATHENS, Tenn. – Local power rates in March will be just a bit lower than for the current month based on slightly decreased TVA fuel charges.

The residential power rate for Athens Utilities Board (AUB) customers in March will be $0.08836 per kilowatt hour (kwhr) compared to February’s rate of $0.08846.

Residential power rates have two components.  One part is the base rate, which remains constant during each season, and there is a fuel-charge adder from TVA that changes monthly.

For the winter season December through February the base rate is $0.07123 per kwhr.  March’s fuel charge is $.01713.  Added together, the two yield the month’s full rate of $0.08836.

AUB is one of 154 local power distributors that directly serve the 10 million people of the Tennessee Valley seven-state region.  AUB also serves Athens and parts of McMinn County with water, wastewater, and natural gas services.