Dive Summary:
- A Tennessee Valley Authority (TVA) board meeting, scheduled to take place today in Knoxville, will decide on the utility's budget for the next fiscal year.
- This decision will determine how much wholesale distributors will pay TVA for electricity, which will in turn affect the utility bills of customers in multiple states.
- Last year, TVA increased its rates by 2%.
From the article:
KNOXVILLE, Tenn. (AP) — Electricity rates for Tennessee Valley Authority customers in seven states are on the agenda for the utility’s board of directors. ...