Thursday, March 13, 2008
Electric rates rising
By SUE WATSON
Holly Springs Utility Department will increase electric rates April 1 by about 14.58 percent, according to general manager John Collins. The new rates take effect on all power used from April 1 forward.
Collins said a typical residential customer who uses 1,000 kwhs and now pays $85.56 will pay $94.48 for the same 1,000 kwh with the rate increase - about $10 more.
Commercial, industrial and business customers may call the utility department to get an estimate on what their utility bill will look like after the increase.
The rate increase comes from four sources. Tennessee Valley Authority is instituting a 7 percent increase to distributors and an increase of 4.8 percent in the fuel adjustment cost. The base cost for service will increase some and HSUD is adding its margin of 1.3 percent, he said.
Most of the increase to customers comes from the TVA increases.
A press release said the increase across the TVA service area will help fund new power generation and implement energy efficiency initiatives to meet new demand for electricity.
The rate adjustment system-wide will bring in about $300 million in extra revenue in 2008.
With power demand growing at about 2 percent a year during peak periods, TVA president Tom Kilgore said TVA’s 2008 budget includes spending $2 billion for new power plants and on work to complete Unit 2 at Watts Bar Nuclear Plant.
He said below average rainfall has impacted hydroelectric plant power generation, the least expensive power to generate. That means that TVA has to make up power not generated by water turbines from more expensive sources of power production.
TVA, the nation’s largest public power provider, is completely self financing. TVA provides power to large industries and to 159 power distributors that serve 8.8 million consumers in seven southeastern states. TVA also manages the Tennessee River and its tributaries for purposes of flood control, navigation, water quality and recreation, among other benefits.
In other city business, rates for the removal of bulk items from the curb have been released by the sanitation department. When items are picked up the fee will be added to the household utility bill.
Prices vary depending on the type of goods picked up.
Cost for picking up old carpet begins at $25 for 20 yards. Furniture items are picked up beginning at $10 for a recliner or chair and up to $30 for a hide-a-bed.
White goods will be picked up at costs ranging from $15 for a microwave to as much as $50 for a refrigerator or freezer.
Other categories include bedroom furniture, bathroom fixtures, and miscellaneous items.
For a complete list of charges on an itemized basis, call the city of Holly Springs.
The city’s dog ordinance is in effect and requires dog owners to purchase an identification tag at $10 each. Proof of rabies vaccination is required to obtain a dog tag. Questions concerning the ordinance can be directed to the police department by calling 662-252-2122. Licenses for dogs can be purchased at the police department on Monday, Tuesday and Wednesday each week from 1 p.m.-4 p.m.
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