LITTLE ROCK (AP) - The state's largest electric utility filed papers today to lower bills by about 16 percent beginning April Fools Day.
It's no joke, however, that Entergy's rate decrease will be short-lived. Other increases are expected to kick in during June and boost costs back to current levels.
Entergy Arkansas filed its rate request with the Public Service Commission today. It says the reduction can be attributed to the utility paying less for fuel and to increased output at its nuclear and coal-powered plants.
The typical customer will see monthly bills drop from $102 to about $86 -- that's the same rate that was in place in 1986.
Entergy has a base rate increase request pending and expects it to take effect in June. There are also payments due under agreements the utility has with others in the region.