MAY POWER RATE FALLS TO 9.546 CENTS PER KILOWATT HOUR

The power rate from Athens Utilities Board (AUB) for the coming month of May will decrease a bit, to $0.09546 cents per kilowatt hour versus the current rate of $0.09865.

May will be the second of two consecutive “transition rate” months, which have the lowest per-kilowatt hour charge of the year.  Two other transition rate months will come in October/November.

“We are still having some cool nights, falling into the high 30s and many nights in the 40s, so this transition rate will help as customers continue to heat their homes overnight,” said AUB’s Amy McDonald.

The overall power rate for May is coming down a bit based on the fuel charge from TVA.  The charge decreased for May to 1.9 cents versus 2.2 cents in April.

“We are moving toward summer but, for now, we’ll enjoy the beautiful springtime weather and the lower power rates that come along with it,” McDonald said.

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