Entergy customers to see refunds for next 3 months after PSC lawsuit

Entergy customers to see refunds for next 3 months after PSC lawsuit
(Source: Entergy)

NEW ORLEANS (WVUE) - Entergy Louisiana ratepayers will be getting refunds on their bills in January, February and March as a result of a legal victory over Entergy by the Louisiana Public Service Commission.

For customers who use about 1300 kilowatt hours a month, the refunds should be about $5.50 a month. A total of $58 million is being returned. The PSC also required that interest would be added to the bill credits.

“The PSC in 2009 charged Entergy with violating the Entergy System Agreement by selling cheap baseload 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,” the PSC said in a press release. Entergy’s action, taken over 2000-2009 caused customer bills to rise because customers had to pay for higher-priced replacement power."

Copyright 2019 WVUE. All rights reserved.