Entergy New Orleans lowering electricity rates
Starting next month, Entergy New Orleans Inc. customers will see a net savings of about $2.76 a month in their utility bills as Entergy lowers electricity rates and raises gas rates for the second year in a row.
At the end of 2009, Entergy had 150,000 electricity customers, compared with 192,000 before Hurricane Katrina hit.
Electricity customers will see about a 4 percent decrease in their bills, or about $4.66 per every 1,000 kilowatts of power they use. Electricity rates are going down because the city has repopulated more quickly than Entergy had planned, so there are more people to share the fixed costs of the system.
"The city has repopulated at a faster rate than anyone anticipated," said Deanna Rodriguez, vice president for regulatory affairs. "The growth in the city of New Orleans serves to benefit all ratepayers."
Entergy New Orleans lowering electricity rates | NOLA.com
|All times are GMT -5. The time now is 08:55 AM.|
Copyright 1997 - 2014 - BlackandGold.com