OCTOBER POWER RATE FALLS BELOW NINE CENTS

The power rate from Athens Utilities Board (AUB) for the coming month of October will decrease once again, reaching a level just below nine cents.

The local power rate will move from the current $0.09178 down to $0.08989 per kilowatt hour as “transition rates” take effect and replace the summer rate.

Transition rates are the lowest of the year, with a base of $0.06887 per kilowatt hour.  The fuel charge for October will be $0.02102 per kilowatt hour.

The transition rate season will be in effect for the months of October and November.

“It is always nice to see the rate coming down,” said AUB’s Wayne Scarbrough.

“This is the time of year when customers can save a bit of money on their power bill because we have transition rates in effect, and the weather should moderate so that customers don’t have to use a lot of cooling or heating in their home,” he said.

We all know that wintertime brings colder temperatures and that means higher energy use for heating, so saving the money now to apply it in later months can pay off.

About 83 cents of every dollar that AUB’s power division collects go to TVA for wholesale power.