Commissioners approve second part of Entergy’s rate increase
Published: January 8,2013
JACKSON — Entergy Corp. will raise customer bills again starting later this month to pay the costs of Entergy Mississippi buying a share of the Grand Gulf nuclear plant from sister company Entergy Arkansas.
A residential customer who uses 1,000 kilowatt hours per month will see his or her bill increase $2.78 per month from the current amount, according to the Mississippi Public Service Commission. The commission voted 3-0 to approve the increase.
In December, the commission approved a rate increase of $8.29 a month to cover higher natural gas costs as well as the company’s recent purchase of a Jackson power plant.
The Grand Gulf purchase is supposed to save fuel costs in the long run. Entergy projects a savings of $346 million from 2013 to 2042.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- MSU reminding fans that drones are prohibited at football games
- Former DPS employees sentenced for selling bogus driver's licenses
- Politics of paying for transportation: Hand wringing and a lot of talk
- Researchers: Trapping, not hunting, best way to control wild hogs
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Research on dogs could lead to better understanding of human cancer
- Keesler Medical Center set to begin $74M renovation project
- ONE MORE YEAR: Leaders want year more of study on comprehensive road, bridge upkeep
- Community college dedicating new welding technology center