Oak Ridge council approves revamped electric fees and 2% TVA rate increase, effective Oct. 1
The Oak Ridge City Council voted to raise several electric service fees and approved a 2% adjustment to power rates in its TVA contract, with both changes aimed at improving utility finances and infrastructure funding and set to be implemented Oct. 1, 2024.
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The Oak Ridge City Council voted unanimously to adopt a suite of electric utility fee changes and approved a 2% rate adjustment under the city's resale rate schedule with the Tennessee Valley Authority, both intended to shore up utility finances and support infrastructure work.
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