NEW ORLEANS (AP) –A federal regulatory judge may have cut more than $150 million a year from Louisiana utility bills when he ruled that the cost of producing electricity for Entergy Corp.’s utilities should be divided more evenly.
State regulators called Friday’s ruling a victory for Entergy customers in Louisiana, saying the decision could reduce the average monthly power bill for residential customers by more than $10.
But some of those savings for Entergy Louisiana customers could be eroded by a proposal the utility filed Friday with the state Public Service Commission amending a rate proposal filed in early January.
Also, Arkansas regulators have said they will fight any significant rate increase. The regulators, Entergy and other parties in the case have 30 days to file responses.
The full federal commission can accept, reject or modify the ruling.
