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
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- DAVID DALLAS — Just how long can Dan stand?
- Cal-Maine income skyrockets as prices rise and costs shrink
- The Dan Jones-IHL saga: Is this the story that started it all?
- Lawmakers move on bonds despite complaints from colleges and universities
- Analysis: Closed meetings can feed false public impressions
- Business groups file briefs in support of Kemper coal plant rehearing
- Grain scandal takes its toll on Delta farmers
- DAVID DALLAS — From Dan and Dixie with love