LITTLE ROCK — Entergy Arkansas, Inc. has some good news for Bryant residents.[more]
Customers will see a 22 percent decrease in electricity rates this July as compared to last years rates, according to James Thompson, an Entergy representative.
"The lower rates will result in a $24 savings on a bill for 1,000 kilowatt-hours of electricity," Thompson stated in a state-wide press release. "The rate decrease is a result of lower fuel costs, both current and as projected through the end of 2010."
A resident using 1,000 kilowatt-hours, will play $85.39, which is comparable to what customers were paying in July of 1986. Last July, customers saw a bill of $110.03 with the same usage.
"This is good news for our customers as we move into the hot summer months," said Jim Garland, customer service manager of Entergy Arkansas, Inc. "The reduction in rates comes at the time of year when electricity bills are normally their highest. The lower rates will bring welcome relief during the coming months."
The reduction in electricity rates is the result of a combination of lower fuel costs in 2009, continued efficient operation of power plants, and a sizeable reduction in the amount collected in the line item on customer bills described as 'FERC-Imposed Payment (System Agreement).'
The 22 percent rate decrease includes the $63.7 million base rate increase the Arkansas Public Service Commission approved in a settlement on May 28. Entergy Arkansas Inc. provides electricity to almost 687,000 customers in 63 counties.
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States and delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas.
