Embattled Entergy Defends its Business Methods

JUNE 9, 2006 - Posted at 8:06 a.m. CST

LITTLE ROCK, AR - Entergy Arkansas says it will vigorously defend its business practices if federal regulators act on a request by the state Public Service Commission to investigate the utility's finances.

On Wednesday, the PSC filed a complaint with the Federal Energy Regulatory Commission seeking a probe of Entergy's practices.  The request is apparently an effort to reduce or eliminate an expected increase in rates.  The hike stems from an order by the commission to equalize rates among the states that Entergy serves.

Entergy Arkansas spokesman James Thompson said Thursday that the company believes its business practices are prudent, and is prepared to defend them before the commission.

(Copyright 2006 by The Associated Press.  All Rights Reserved.)