Heavy rains in March will help bring some relief in May for electricity users in the Tennessee Valley.
TVA announced Wednesday that abundant hydroelectric generation from rain-swollen reservoirs will cut the fuel cost adjustment next month by 0.4 percent. TVA spokesman Scott Brooks said the typical residential electricity user should save between 20 cents and 50 cents on their May power bill because of the reduction.
“Our hydro generation in March was 20 percent over what was forecast because of the wetter weather,” Brooks said.
The National Weather Service said rainfall in Chattanooga last month totaled 11.77 inches, or nearly double the normal 6.19 inches of precipitation for March.
Hydro is TVA’s cheapest source of power an is generated from TVA’s 29 hydroelectric stations along the Tennessee River and its tributaries.