Entergy Rates Go Down After Decade of Hurricane Fees
For the last decade, more than one million Entergy customers throughout the state have been paying charges to cover the cost of repairs to damage from Hurricanes Katrina and Rita.
Public Service Commissioner Foster Campbell says he’s got good news for those feeling the pinch on the power bill.
“The ten years is over, the charges are coming off, the damage has been paid for, so it’ll be a rate reduction in September.”
Former Entergy Louisiana customers will see an average monthly reduction of $5.44. Former Entergy Gulf States will see an average reduction of $3.14 to their bill. The two companies merged in 2015. Campbell says it’s welcomed savings at this time of the year.
“At a time when its hot weather and people are experiencing high bills its good to have the rates go down.”
Campbell says some in the northern portion of the state, who are not typically affected by hurricanes, didn’t understand why they were being hit with the storm fees over the years.
“We have had some huge ice storms up here and when we do people in Baton Rouge and New Orleans don’t have ice storms, but we do and they pay for our ice storms.”