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TVA to raise rates, will consider closing older coal plants
Utility Dive: Utility leadership says that its rates remain "among the lowest 25% in the U.S. and TVA’s wholesale rates are essentially the same as they were in 2013," while the federal utility has been cleaning up its energy supply and closing down some coal plants.
The Fiscal Year 2019 budget "reflects our ongoing commitment to serve the people of the Valley with safe, reliable and increasingly cleaner power at the lowest feasible rates,” TVA President and CEO Bill Johnson said in a statement.
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