TVA ratepayer ash cost averaging 69 cents a month

TVA ratepayer ash cost averaging 69 cents a month

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CHATTANOOGA (AP) - Tennessee Valley Authority customers are each paying an average of 69 cents a month for the ongoing cleanup of coal ash spilled at the Kingston Plant in Roane County.

The nation's largest public utility plans for its 9 million customers to continue paying the cleanup cost that is projected to total up to $1.2 billion until 2024.

TVA is continuing a cleanup of about 5.4 million cubic yards of ash that spilled in a breach of a pond dam in December 2008.

TVA spokesman Scott Brooks said the cleanup rate increase is generating about $73 million annually and was a board decision in the budget that took effect in October 2009.

Brooks also said any payouts from spill-related lawsuits could possibly add costs, but some of the cleanup cost might be recoverable from insurance.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

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