Power Cost Increases in June

TVA adjusts rates to summer prices and accounts for fuel costs

(May 31, 2024) — The price of electricity will be higher in June as the Tennessee Valley Authority moves to summer rates and their fuel adjustment cost increases. Meriwether Lewis members will pay about $7.93 more (a 5 percent increase) compared to May based on an average household that uses 1200 kilowatt-hours. The total residential kilowatt-hour price is $0.09927, which is slightly lower than the seasonal rate compared to the previous two years. Members can find a complete rate schedule at mlec.com in the “About MLEC” section.

Meriwether Lewis understands that price increases can impact a member’s budget and summer temperatures will likely increase energy use. As your local cooperative, we offer these rebates to help manage costs long-term:

1. Free energy audits and evaluations to find what home improvements you need
2. Heat pump financing and rebates (up to $1500)
3. Home insulation rebates (up to $1000)
4. Duct system rebates ($300)
5. Air sealing and window rebates

Visit mlec.com under the “Ways to Save” tab or email nathan.wagner@mlec.com to learn more about using energy wisely. View our top 10 simple steps to lower your energy bill this summer at Ways To Save – Meriwether Lewis Electric Cooperative (mlec.com).