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Entergy Mississippi Customers to See Rate Increase

Entergy Mississippi customers will see a rate increase of about 4 percent in early 2014.
Vicksburg -- Entergy Mississippi customers will see a rate increase of about 4 percent in early 2014, mainly due to rising natural gas costs and an under-recovery of fuel costs in 2013. Fuel costs are passed through to the customer dollar-for-dollar with no profit to the company.

With the increase, the typical residential customer using 1,000 kWh will pay $108.08 beginning in February. That’s about $4.21 more than the typical customer paid for the same amount of electricity in 2013.

Entergy Mississippi’s residential rates will remain about 12 percent below the national average residential rate of $123.10, according to the U.S. Department of Energy.

“We use a diverse mix of fuel to generate electricity at the lowest reasonable cost, but natural gas costs have been rising over the past couple of years and that does affect rates,” said Haley Fisackerly, Entergy Mississippi president and CEO. “Electric bills are a combination of rates and usage. We work to keep rates low, and we encourage customers to keep usage low by being more energy-efficient.”
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