Credits to Customers Mean Six Months of Lower Bills

BEAUMONT, July 19, 2012 – Entergy Texas, Inc. has filed a request with the Public Utility Commission of Texas that, if approved, would begin giving customers monthly bill-dropping credits from September through February of next year.

Under the proposed payment schedule, Entergy Texas customers who typically use 1,000 kilowatt-hours per month will receive a total of $33.89 over the six-month period. Specific amounts by month include: September, $3.62; October, $5.05; November, $6.93; December, $6.37; January, $5.31; and in February, $6.61.

“We are very pleased to pass along these credits that will help our customers with their utility bills,,” said Sallie Rainer, president and chief executive officer, Entergy Texas, Inc. “Our proposed time frame for these credits begins with the typically high bill month of September, when we’re still seeing the effects of summer heat, and extend past Christmas, another time when we can all use a little help.”

The credits are a result of the agreement Entergy Texas has with the other companies in the Entergy Corporation system of electric distribution companies, which includes companies in Arkansas, Louisiana and Mississippi. The agreement calls for the cost of producing electricity for customers to be “roughly equal” among the companies. That means if it costs more to produce power in one company than in another, the Entergy utility in the state with the lower cost must make payments to customers in the higher cost state. These credits reflect payments to Entergy Texas, Inc. from Entergy’s Arkansas subsidiary.

Entergy Texas, Inc. provides electricity to more than 400,000 customers in 27 counties. It is a subsidiary of Entergy Corporation. Entergy Corp. is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and Including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas.







 
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