Entergy Mississippi announces rate reduction

Published 12:50 am Wednesday, October 17, 2007

JACKSON (AP) — Entergy Mississippi will reduce electricity rates by 9 percent in October, the utility company announced Tuesday.

Entergy officials said a typical residential customer using 1,000 kilowatt-hours per month will see a monthly bill decrease from about $103 to about $94. The new rate level will be in effect through the end of 2007.

Officials said the lower rates are due to favorable power management activities and other reductions.

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‘‘We are pleased to pass these savings on to customers,’’ Carolyn Shanks, president/CEO of Entergy Mississippi, said in a statement. ‘‘This announcement meets with Entergy’s ongoing commitment to provide reliable service at the most affordable rate possible.’’