News Center > Fuel Cost Reductions Begin in July for Entergy Texas Customers
Fuel Cost Reductions Begin in July for Entergy Texas Customers
THE WOODLANDS, Texas – With temperatures on the rise in Southeast Texas, there’s good news ahead for Entergy Texas, Inc. customers. Average residential electric bills will drop by $4.59 per month when fuel-related refunds and credits begin showing up on July bills. The lower rates will remain on bills through September.
An average 1,000 kilowatt-hour residential bill currently costs customers approximately $113.65 without city, state or local taxes. Altogether, the company will send some $30.7 million back to customers from July through September. Larger customers will get a lump sum refund in July.
“Our fuel costs have remained low and that means we are able to pass the savings along in the form of a refund to our customers,” said Vernon Pierce, vice president of customer service for Entergy Texas. “This can be especially important at this time of year when hot weather often signals higher energy bills.”
Entergy Texas, Inc. provides electricity to more than 440,000 customers in 27 counties. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $10.8 billion and nearly 13,000 employees.