Increase in rainfall means decrease in power cost for Knoxville

Increase in rainfall means decrease in power cost for Knoxville area

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All the extra water is helping spur more hydroelectric energy generation. All the extra water is helping spur more hydroelectric energy generation.
"We need every little bit of help we can get, especially through the summer months with the cost of living," Knoxville resident Toni Sims said. "We need every little bit of help we can get, especially through the summer months with the cost of living," Knoxville resident Toni Sims said.

By SAMANTHA MANNING
6 News Reporter

KNOXVILLE (WATE) - Although it's only July, Knoxville's rainfall is just a few inches shy of what's expected for an entire year and the Tennessee Valley Authority said that means power cost has gone down.

It all has to do with the use of water to generate power.

When TVA is able to use more water power, it's using less of the more expensive sources like natural gas.

TVA spokesperson Scott Brooks said energy cost is down for the agency ten percent this July from last year and that savings is expected to show up in electric bills for residents.

"We need every little bit of help we can get, especially through the summer months with the cost of living," Knoxville resident Toni Sims said.

Sims said after living in Knoxville for 14 years, she has come to expect her electric bill to go up during the summer months, but this year she said she got a pleasant surprise when opening her electric bill.

"I noticed about a thirty percent decrease in my utility bill," Sims said.

"With hydro being our cheapest form of generation and being so much above normal this time of year, that's translating into the total monthly fuel costs going down in July," Brooks said.

More than 40 inches of rain have already fallen this year.

KUB sent a statement to 6 News regarding electric bills saying, "We do not attempt to project TVA costs/rate impacts... We can say that any decrease in the wholesale rate we pay TVA will be passed on to our customers automatically."

TVA works with 55 power companies and said the cost of power will depend on the power provider.

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