Memphis Light, Gas and Water announces new electric rate schedules effective for most customers.
The new schedules are a result of a temporary, 1-year, 2.5% power cost decrease by TVA, saving MLGW customers approximately $20 million or 1.6% on their cumulative electric bills.
Individual customers can expect a savings of $2 per month.
The rate schedules can be viewed on MLGW’s website: mlgw.com/residential/residentialrates.
