JACKSON, Miss. (AP) - Entergy Mississippi customers will get a refund over the next six months thanks to lower natural gas prices.
The Mississippi Public Service Commission Thursday approved a plan for Entergy to issue $46 million in bill credits to customers beginning in September and ending in February.
Last year, when the unit of New Orleans-based Entergy Corp. filed its plan to buy natural gas, it predicted higher prices. Entergy Mississippi CEO Haley Fisackerly says the company is passing savings back to customers.
A residential customer using 1,000 kilowatt hours of electricity per month will get a credit of $6.44 per month, dropping monthly bills by 6 percent from $108.25 to $101.81.
Entergy spokesman Joey Lee says the company can't predict whether the decrease will continue in its next fuel purchase plan.
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