Entergy files regulatory blueprint to further strengthen electric grid in Louisiana.
Entergy Louisiana filed a regulatory proposal with the Louisiana Public Service Commission that outlines the blueprint for providing customers with clean, reliable and affordable electric service into the future. The proposal not only would pave the way for future improvements to the grid while maintaining low rates, but also would hold the company accountable for providing high levels of service to customers with financial penalties if these standards are not met.
Clean, reliable and affordable electric service supports everyday life in our homes, communities, schools, hospitals and businesses and supports economic development by convincing companies and industries to choose our state for investment projects and operations that bring well-paying jobs and drive local spending. It is also a critical service for communities facing more intense and frequent severe weather.
Read more about this regulatory blueprint on our Newsroom.
Frequently asked questions
- Does Entergy set its own rates?
No. As a regulated utility, Entergy Louisiana’s rates are set by its regulator, the Louisiana Public Service Commission.
- What is a Formula Rate Plan?
An FRP is a regulatory framework that provides for an annual streamlined rate adjustment process to enable utilities to make investments to provide reliable service while maintaining affordable rates.
- Can we not delay this rate adjustment request?
If we do not set reasonable ratemaking parameters to be able to recover costs to run the utility, we will be forced to focus only on near-term reliability issues and may be unable to undertake long term infrastructure investments for customers.
- If approved, how much will my bill go up?
A typical Entergy Louisiana residential customer using 1,000 kilowatt-hours will see their monthly electric bill increase by about 5.6%, or $6.75 a month, which would still keep company’s rates well below the national average.
- I know Entergy Louisiana provides gas service in the Baton Rouge area. Does this rate case include both gas and electric service?
No. This filing solely addresses the base rates for Entergy Louisiana electric service.
- What would be the result of leaving rates unchanged?
Unfortunately, inflation, among other factors, is driving up the costs of a lot of services, and that is true for utility services. It is becoming more expensive to operate a utility company. If we do not adjust rates to cover the cost to run the utility, we may be unable to strengthen our critical infrastructure at the pace expected by customers.