PSC Examining Entergy Rate Hikes in Arkansas - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

PSC Examining Entergy Rate Hikes in Arkansas

OCTOBER 13, 2006 - Posted at 7:34 a.m. CDT

 

LITTLE ROCK, AR - A staff member for the state's utility regulation agency says the state's largest electricity supplier appears to have acted prudently in seeking a $212 million rate increase.  But Valerie Boyce, a lawyer on the Public Service Commission staff, says whatever action the PSC may take against Entergy Arkansas remains in the air as the utility sues the company that transports its coal.

Entergy Arkansas is a subsidiary of New Orleans-based Entergy Corporation.  The Arkansas company last year asked for a 9.9 percent rate increase to offset an increase in fuel costs.  The increase would have added $9.27 to the monthly bill of a typical consumer using a thousand kilowatts of energy a month.

State regulators blocked the increase, saying that it, plus a six percent increase imposed the previous October, would not be in the public interest.  Regulators ordered a study to determine why the higher rate was needed.

Speaking Thursday before a commission meeting, Boyce said that, while the rate hikes are difficult to accept, investigators found no evidence the company manipulated its rates to collect more money from customers.

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

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Medicaid work mandate will create uncertainty in some states

    Medicaid work mandate will create uncertainty in some states

    Saturday, January 13 2018 11:01 AM EST2018-01-13 16:01:55 GMT
    Wednesday, January 17 2018 12:27 AM EST2018-01-17 05:27:00 GMT
    Several mostly Republican-leaning states are lining up to implement work or job-training requirements for certain Medicaid recipients now that the Trump administration has allowed it.
    Several mostly Republican-leaning states are lining up to implement work or job-training requirements for certain Medicaid recipients now that the Trump administration has allowed it.
  • ADH: 150 people exposed to measles

    ADH: 150 people exposed to measles

    Tuesday, January 16 2018 10:34 PM EST2018-01-17 03:34:37 GMT
    Tuesday, January 16 2018 11:39 PM EST2018-01-17 04:39:15 GMT
    (Source: Arkansas Department of Health via Twitter)(Source: Arkansas Department of Health via Twitter)

    An estimate 150 people were exposed to the measles in the Little Rock area between January 9-11, 2018, according to a news release from the Arkansas Department of Health.

    An estimate 150 people were exposed to the measles in the Little Rock area between January 9-11, 2018, according to a news release from the Arkansas Department of Health.

  • Canada native, A-State chancellor discusses making the call to cancel classes

    Canada native, A-State chancellor discusses making the call to cancel classes

    Tuesday, January 16 2018 11:09 PM EST2018-01-17 04:09:50 GMT
    Tuesday, January 16 2018 11:18 PM EST2018-01-17 04:18:54 GMT
    (Source: KAIT)(Source: KAIT)

    Arkansas State University was set to begin their spring semester on Tuesday, but students got to enjoy a snow day instead.

    Arkansas State University was set to begin their spring semester on Tuesday, but students got to enjoy a snow day instead.

Powered by Frankly