FPU announces December’s electric rate changes

Fayetteville Public Utilities’ (FPU) electric customers will see higher December bills as a result of the increases in the Tennessee Valley Authority’s (TVA) winter season energy rate and the total monthly fuel cost. For the average residential electric bill of 1,330 kilowatts (kWh), the total increase is $4.11.

In November, the average residential electric bill for 1,330 kWh was $144.24. In December, the same electric use will cost $148.35. 

“December marks the beginning of TVA’s scheduled winter-months rate, and the rate is in effect through the end of March,” says FPU’s CEO and General Manager Britt Dye. “The total monthly fuel cost amount changes each month. December’s fuel cost amount is about fifteen percent higher than TVA’s three-year average for the month, largely due to increased energy sales and lower-than-expected hydro generation.”

TVA implemented its seasonal rate structure in April 2011. The seasonal rates directly reflect the higher costs of producing electricity during those months when there is a greater demand for energy from consumers. The seasonal rate structure allows TVA to bill higher or lower costs of power production to consumers as the energy is used.

For a complete listing of FPU’s electric rates, click on the rates section to the left of this page. To help consumers with their energy costs, FPU offers a budget billing plan to average monthly electric and natural gas bills. Please call FPU’s Customer Service Department at 931-433-1522 for more information about budget billing.