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By JENNIFER RAYMOND
In today’s economy, consumers take their good news where they can.
Rockwood Electric Utility customers can expect a slight decrease in their bills starting Jan. 1.
REU board approved the 6 percent decrease at last week’s meeting.
The change is a result of TVA’s fuel cost-adjustment that lowered wholesale electric rates during the period.
According to TVA, the rate happened because of a reduction in purchased power and natural gas prices.
REU General Manager Kendall Bear said an average customer can expect about a $5 decrease for every 1,000 kilowatts used.
“On average people will save between $4 and $8,” Bear said.
The decline is mixed news because it barely takes the edge off of a whopping increase last month.
TVA raised wholesale rates about 20 percent in October.