Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission.
That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, according to the release. Entergy joined MISO on Dec. 19, 2013.
“Thanks to the foresight of the Mississippi Public Service Commission we’ve been able to provide our customers with the wide range of benefits offered by membership in MISO, a membership from which they will benefit for years to come. Joining MISO is a great example of how we work to control customer costs and keep rates low so we can continue helping drive economic growth in Mississippi,” said Haley Fisackerly, Entergy Mississippi president and chief executive.
Entergy Mississippi, Inc. provides electricity to approximately 442,000 customers in 45 counties. It is a subsidiary of Entergy Corp., which delivers electricity to 2.8 million customers in Arkansas, Louisiana, Mississippi and Texas.
— Jack Weatherly