Entergy Arkansas said that its residential customers will see “a more significant drop in electricity rates than originally projected.”
Company officials announced today that even if the company is granted the full increase in base rates that it has requested from the Arkansas Public Service Commission, Entergy's residential customers will still experience an overall decrease in rates of more than 15 percent on average this summer compared to last summer.
Originally, company officials expected a 10 percent decrease in residential bills. Lower fuel costs and operations efficiencies are credited with the expected larger rate reduction.
“While our customers work hard to conserve energy and pay their bills, at Entergy Arkansas we are also working hard to keep our costs down and help customers save,” said Hugh McDonald, Entergy Arkansas President.