North Alabama Electric Cooperative has been approved by the Tennessee Valley Authority (TVA) for a rate adjustment of up to 3.5% beginning October 1, 2023. The Co-op is in good financial shape, and that has allowed us to operate without a rate increase in the last five years despite major increases in costs associated with providing electricity. The increase in revenue will help fund projects to improve reliability and manage rising operating expenses. Bill impacts will vary based on the type of account and usage, but are estimated at less than $5 per month for average residential usage.
North Alabama Electric
