TVA FUEL COST ADJ
|With the price of gas going up and up and up,
wouldn't it be great if you could just go to your boss and say you will
need an extra $20 a week in your pay check for a fuel cost adjustment
and get it. That's the difference between government and the real world.
You may have noticed on your latest bill from the Lenoir City Utility Board a new line item called "TVA FUEL COST ADJ." According to LCUB officials this charge is nothing new, you have been paying it since January 1, 2007. But only recently has LCUB officials decided to show it as a separate charge. Reportedly this charge is added by TVA and must be collected by the local power authority.
When the cost adjustment first came down from TVA, it was small enough that it was just included in your regular billing. But like all government taxes it just continued to get bigger to the point that LCUB felt it necessary to show it as a separate charge.
TVA's ability to stick it to everybody is just another good example why government should never be in charge of a business and reaffirms Ronald Reagan's famous statement, "The most frightening words in the English language are, I'm with the government, and I'm here to help."