Tennessee Valley Electric Coop late fee
Tennessee · Cooperative
Tennessee Valley Electric Coop charges 5% for a residential electric bill paid late.
- Percentage fee
- 5% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 51% of US utilities that charge a percentage fee
- Residential customers
- 16,804
5% first $250, 1% remaining balance
Source: https://www.tvec.com/download/rules_and_regulations.pdf