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Sunday, July 21, 2019

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Entergy Customers To Receive Refund

Entergy Customers To Receive Refund

Entergy Louisiana LLC (ELL) and Entergy Gulf States Louisiana LLC (EGSL) customers will see a one-time refund after a vote by the Louisiana Public Service Commission (LPSC) recently at their monthly meeting that was held in the Louisiana Supreme Court in New Orleans. This refund will start to appear on a customer’s bill beginning at the end of October.

The refund comes in response to a lawsuit brought by the LPSC against Entergy at the Federal Energy Regulatory Commission (FERC) over how the company spreads the cost of electric generation over its subsidiaries operating in Louisiana, Mississippi, Arkansas and Texas. As a result of a FERC Order issued in response to a motion by the LPSC, Entergy made three bandwidth compliance filings to provide recalculated, additional payments resulting from decisions made in the litigated proceedings for 2007, 2008 and 2009. This will provide for EGSL to receive an additional $21 million and ELL to receive an additional $16 million for those years.

The LPSC estimates that the one-time credit to the average residential customer’s bill will be about $16.75 for an EGSL customer and $7.50 for an ELL customer. This refund brings the amounts refunded in the bandwidth cases to more than $780 million.

“The Commission continuously strives to protect the best interests of the ratepayers,” said Vice Chairman Clyde Holloway of Forest Hill. “We are pleased that rateplayers will again receive refunds on their bills as a result of our services in this case.”