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.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- DAVID DALLAS — From Dan and Dixie with love
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- Man charged in noose left on integration statue at Ole Miss