The rates MTEMC members pay for residential service rank among the lowest in the nation...in fact, MTEMC's residential rate is about 20 percent below the national average.
MTEMC charges 8.396 cents per kilowatt-hour for each kilowatt-hour consumed. A basic monthly customer charge of $15.75 and a TVA Fuel Cost Adjustment (which is updated monthly) is also factored into a residential bill. The October 2014 TVA Fuel Cost Adjustment is .306 cents per kilowatt-hour.
Approximately 82 cents of every dollar MTEMC receives through member bill payments goes to TVA to purchase power, meaning the cooperative operates on 18 cents out of every dollar.