TVA looks into holding down electric costs
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JACKSON, Tenn. — The Tennessee Valley Authority is looking into possible changes to keep electric rates as low as possible, and some of the ideas soon will be heard by the board of directors. According to a TVA spokesperson, the authority has been working with local power companies and large industries to explore options to keep rates low. Several of the proposals have been gathered into a “Strategic Pricing Plan,” which will be presented to the TVA board of directors for their consideration at their next meeting Aug. 21, according to the spokesperson. Some of the possibilities include better coordinating the heavy energy use of large power users, such as manufacturing facilities, to be more evenly distributed throughout the day. This could allow the authority to avoid using more expensive power generation sources, thereby keeping costs lower for consumers, according to the spokesperson.