Entergy Ordered To Refund $58 mil To LA Customers
Jan 17, 2019 01:14PM ● By Flint Zerangue, Sr.
Entergy Louisiana customers will be receiving refunds (via credits) on their electric bills in January, February, and March 2019 as a result of a ruling by the Louisiana Public Service Commission (PSC).
The PSC voted earlier this week to approve a plan for returning approximately $58 million to Entergy Louisiana customers for the company's violation of the Entergy System Agreement by selling cheap base load energy owned by Entergy Arkansas off-system to merchants, for the benefit of Entergy shareholders, rather than making the power available to Entergy Louisiana and other system companies. This violation which occurred between 2000-2009 caused customer bills to rise.
For customers consuming roughly 1300 kilowatt-watt-hours a month, the refund should be approximately $5.50 per month.
Read the complete PSC Statement on the attached pdf file.
The PSC voted earlier this week to approve a plan for returning approximately $58 million to Entergy Louisiana customers for the company's violation of the Entergy System Agreement by selling cheap base load energy owned by Entergy Arkansas off-system to merchants, for the benefit of Entergy shareholders, rather than making the power available to Entergy Louisiana and other system companies. This violation which occurred between 2000-2009 caused customer bills to rise.
For customers consuming roughly 1300 kilowatt-watt-hours a month, the refund should be approximately $5.50 per month.
Read the complete PSC Statement on the attached pdf file.
Downloads
Refunds_20for_20Entergy_20Customers.pdf
