Between now and the end of September, a typical Entergy Mississippi residential account will see a cumulative reduction in the bill, starting a trend that will peak at about $20 a month on usage of 1,000 kilowatt hours, according to the Mississippi Public Utilities Staff.
The downward trend started in January when the commission ordered a typical bill reduced by $6.80, or 6.59 percent, effective in the February billing.
That was followed on March 1 when the commission ordered a two-tiered reduction in Entergy’s fuel costs factored into its electricity bills.
Bills will be another $10.88, or 11.59 percent, less starting in April and ending in July 1. Most of that is because of the overcharging of gas prices last year because projections had been too high. The remainder is because prices continued to fall.
July billings will be $2.50, or 3 percent, less.
Beginning with October billings, the flow-through of the “over-recovery credits” will cease, and it is anticipated that bills will increase by approximately $10 or more, according to the staff, which operates independently from the commission.
Entergy relies heavily on natural gas to power its generating facilities. It serves 445,000 customers.
Reductions for Mississippi Power customers are expected in the coming months. The Gulfport-based utility, a subsidiary of the Atlanta-based Southern Co., relies on coal and natural gas evenly to provide power to about 187,000 customers.
State law requires that utilities pass along savings when the fuel sources used in generation fall substantially.
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