Entergy requests another rate increase (UPDATE) | Arkansas Blog

Tuesday, August 15, 2006

Entergy requests another rate increase (UPDATE)

Posted By on Tue, Aug 15, 2006 at 3:37 PM

Entergy Arkansas today filed an application with the Arkansas Public Service Commission to increase its base rates by 7.5 percent, effective Sept. 14. If approved, it would be the company's first base rate increase in 21 years.

Entergy's rates went up 9.9 percent in July after the commission approved an earlier request.

The company predicted its base rate increase would result in a 9.3 percent rise for the average electricity bill.

UPDATE (4:35 p.m.): Democratic attorney general candidate Dustin McDaniel just issued a two-sentence statement:

"As Attorney General, I will do everything in my power to make sure that Arkansas rate payers are not unfairly burdened as a result of Entergy’s flawed system agreement.  I will fight for consumers who are already paying too much to cool their homes and fill their gas tanks."

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