Little Rock, AR (AP) - Entergy Arkansas is asking state utility regulators to approve an increase in its base rates, but it says overall bills should be lower next year because of a decrease in natural gas prices and other reductions.
The utility has requested a base rate increase of $223 million, which would result in an increase of $7.86 on a typical residential monthly bill of 1,000 kilowatt-hours, were it not for lower fuel costs that are expected to offset the increase.
The increase includes the costs of Entergy's purchase of the Ouachita Power Facility and costs associated with electricity restoration after the January ice storm in northern Arkansas.
The plan also includes $800 million of investment in utility infrastructure throughout the state. Entergy Arkansas provides electricity to 684,000 customers in 63 counties