Electricity bills to drop 12%, Entergy says

A spokesperson for Entergy Texas says Southeast Texas electric bills will drop about 12%.

A news release issued by Entergy says the decrease will last into next year.

The decrease should show up on customers bills in September and October because of a fuel costs refund and a new lower fixed fuel factor. The refund is limited to two months, while the lower rate paid for electricity will be in effect until March 2015.

For an average 1,000 kilowatt-hour residential bill, the fuel refund will be $7.59 in September and $10.06 in October.

The fixed fuel factor is a pass-through charge Entergy uses to recover costs for fuel used to make electricity. This charge will change from its current amount of $42.27 per the average 1000 kilowatt-hour residential bill to $36.20.


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