Press Mention Chattanooga Times Free Press September 30, 2003
SACE Quoted
For most, TVA's electricity rates go up today
In this mention
The Tennessee Valley Authority implemented its first major rate increase in six years on October 1, 2003, raising residential and commercial rates by 7.4 percent while cutting industrial rates by 2 percent. Dr. Stephen Smith of the Southern Alliance for Clean Energy criticized the rate structure as unfair to residential and small business customers. TVA distributors and consumer advocates objected to the board's decision-making process, which lacked regulatory oversight.
To gouge the residential customer and the small business customer while reducing the rate for large wealthy industrial customers is grossly unfair
Stephen A. Smith
Original clipping
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