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PCS tells Entergy to lower fuel adjustment
Published Wednesday, August 6, 2008
JACKSON (AP) — The Mississippi Public Service Commission has ordered Entergy Mississippi to lower its fuel-cost adjustment for the September billing cycle.
The commission directed the utility to come up with a new, lower adjustment due to a decrease in natural gas prices falling in recent days.
Entergy's fuel-cost adjustment led to a 28 percent increase in an average customer's power bill from July through September because of high prices.
Now natural gas prices have dropped by more than 10 percent since the increase took effect.
Entergy has said a dramatic spike in natural gas prices led to the fuel-cost hike.
The company has five working days from the order being issued to recalculate its fuel-cost adjustment.
Comments
Posted by OldGrandDad (anonymous) on August 7, 2008 at 6:57 a.m. (Suggest removal)
Thats good news. The utilities need to be held accountable after they told us for years how abundant and economical natural gas was.
Posted by naturegirl (anonymous) on August 7, 2008 at 12:44 p.m. (Suggest removal)
I think my increase was closer to 40%.
Posted by iconoclast (anonymous) on August 7, 2008 at 5:11 p.m. (Suggest removal)
I know how you feel naturegirl. It's a crying shame when reading a utility bill is a unpleasant as a prostate exam.
Posted by fire39212 (anonymous) on August 7, 2008 at 9:44 p.m. (Suggest removal)
Amen iconoclast
Posted by freedom42 (anonymous) on August 7, 2008 at 10:20 p.m. (Suggest removal)
LOL - in my case it would be worse than a mammogram! But I get the picture!
Posted by Teach4Peace (anonymous) on August 8, 2008 at 6:23 p.m. (Suggest removal)
Yeah naturegirl, ours had to be about 40% as well and I would like to see that type of decrease.
Posted by Bigfish (anonymous) on August 13, 2008 at 10:08 p.m. (Suggest removal)
the price increase is crazy, yes the cost of living is steadily rising, and passing the cost on to customers is nothing new. But the disparity between between where profits are being made and cost are being incurred is becoming very clear.
Big oil companies are making larger than ever profits. I am not against oil companies, they provide us with a product that is in demand, more so than ever, however if the economy is slumping so much then just look to see who is profiting from it.
The value American dollar has fallen over the past 4 years, minimum wage has increased, energy cost have risen so much that fuel surcharges are being added to everything. Food cost have grown 10 - 25 percent nationally. ultimately the small guy, the individual, is picking up the ticket.
You can shear a sheep many times but skin it only once. . . . .
Posted by blessed_momma (anonymous) on August 17, 2008 at 2:57 p.m. (Suggest removal)
PRAISE GOD!!!!!!!! My FUEL COSTS was 200 dollars for August!!!!!!!! Im barely getting by. My bill for the month of August is over 500!!!! The lady on the phone said that I pay it or they turn my elect off!! I have a baby that is handicapped and she HAS to have air! My house is small and I only have a couple window units. PRAISE GOD!
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