SuperTalk Mississippi
Uncategorized

Power Up but Gas to Remain Stable

Photo courtesy of Entergy Mississippi.

JACKSON, Miss. — You’ll soon pay more for electricity while your gas bill will stay about the same.

Entergy Mississippi asked the Public Service Commission (PSC) for a rate increase, mainly due to rising natural gas costs and an under-recovery of fuel costs in 2013.  Rates for an Entergy residential customer who uses 1,000 kilowatt hours per month would rise $4.21 per month.

Mississippi Power asked for an increase too. “The overall net impact on an average 1,000 kWh residential customer’s monthly bill when applying both factors, is an increase of $3.50,” the PSC was told during its’ Tuesday morning meeting.  The request was approved two to one and the increase will take affect this February.

Atmos Entergy did not request a rate increase. “The Company initially filed an allowed return on equity of 10.20% and an earned return on equity of 9.29%, indicating no need for a revenue adjustment,” the PSC was told. Commissioners voted unanimously to allow Atmos rates to remain stable.

Related posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More