Rates

ACE Power is dedicated to providing our members with affordable, reliable energy.

Electricity is measured in kilowatt-hours. For reference, a 100 watt light bulb burning for 10 hours uses one kilowatt-hour (100 x 10 = 1,000 watt hours; 1,000 watt-hours = 1 kilowatt-hour, or 1 kWh).

Rate Change and Increase

The Tennessee Valley Authority has approved a $10.37 billion budget for fiscal year 2017.

“Our work is bounded by certain strategic improvements – rates, debt, assets, and stewardship – that require us to deliver excellent performance in order to maintain low rates, be responsible stewards, live within our means and manage TVA’s power system to deliver reliable, low-cost energy,” said TVA President and CEO Bill Johnson. “This budget is in keeping with TVA’s long-term financial plan, which has helped us manage our business to a lower cost structure as businesses and consumers use less energy. It reflects a modest, incremental rate increase that ensures we make necessary investments in the power system and manage down debt.”

The budget contains a 1.5% effective retail rate increase, slightly below the rate of inflation, amounting to about $1.50 more per month for the average Valley resident using 1,000 kilowatt-hours per month. The increase will take effect October 1, 2016.

In addition, ACE Power is increasing the facility charge for outdoor lights effective October 1, 2016. While a modest increase to the fixed rate portion of the charges for outdoor lights will take place, ACE is now offering a 39 watt LED light that uses approximately 60% less energy than the 100 watt high pressure sodium lights previously offered.

Reading your meter

Reading your electric meter is a good way to know how much you’re spending on electricity. Here in the Tennessee Valley our residential rates are among the lowest in the country.

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