Entergy bills to rise; PSC approves rate hike
Published: June 3,2014
JACKSON — Entergy Corp. customers in Mississippi will pay about 5 percent more over 2014′s second half, as the company recoups higher natural gas fuel costs.
The increase was approved unanimously today by the Mississippi Public Service Commission.
Electricity bills will go up by $5.58 a month, from July through December, for residential customers using 1,000 kilowatt hours. The average Entergy Mississippi customer uses 1,300 kilowatt hours per month.
It’s the fifth rate increase in two years for Entergy Mississippi. The company says it’s necessary because it paid more for natural gas when prices rose last winter. At the same time, because Entergy was refueling its Grand Gulf nuclear plant, it was burning more natural gas than normal.
Based in New Orleans, Entergy serves 437,000 customers in 45 counties in western Mississippi.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Judge gets more time to fight efforts to remove him from office
- Voters to decide whether hunting, fishing is constitutional right
- MARTIN WILLOUGHBY: Andrew Adams helps grow Addicus
- Coast cleanup nets 1,600 bags of trash — and a watermelon patch
- State's bad bridges continue to raise concerns among officials
- MISSISSIPPI RISING: Time to sell the image
- Epidemiologist: State's hospitals can identify, isolate Ebola cases
- Number of visitors to Natchez Trace makes big jump
- C Spire wins national award, cash prize for marketing analytics