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Entergy seeking hike – Charges...

Entergy seeking hike – Charges would bolster storm funds

By: Magnolia Tribune - March 2, 2011

Entergy seeking hike

Entergy Mississippi customers could see an increase to their power bills later this year as the utility tries to cover the costs of restoring power after large-scale severe weather events.

The company has filed a request with the state Public Service Commission to increase the level of monthly accruals to its storm damage rider from $750,000 to $1.75 million and boost its storm reserve cap from $15 million to $25 million.

If those increases are approved, the bill of an average residential customer – one that uses 1,000 kilowatt hours per month – would increase by $1.44 per month.

Clarion Ledger
3/1/11

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.