TVA’s recent announcement of a 5.25 percent wholesale rate increase, to fund ongoing construction and energy development, will be reflected on Pennyrile Electric member’s bills beginning Oct 1.  In addition, there will also be an increase to the monthly customer charge in the amount of $3.00 to aid Pennyrile Electric in recovering rising fixed costs.  The average monthly residential bill will have an overall increase of $7 - $8, depending on usage.

Even though Pennyrile Electric’s adjusted residential rate remains 36 percent below the national average price per kWh, we understand the impacts on families in our communities due to this current change.  As rates may change with time, one thing that remains the same is our commitment to providing our members with safe and reliable energy.

To assist with managing energy usage, Pennyrile Electric members are encouraged to take advantage of current energy efficiency programs and incentives offered through TVA’s energyright program. Information can be found at energyright.com or by calling your local Pennyrile Electric office.