News Release > As temperatures rise, Entergy Mississippi’s rates drop
As temperatures rise, Entergy Mississippi’s rates drop
06/13/2023
Latest decrease takes effect in July
JACKSON, Miss. – Entergy Mississippi customers will see a decrease in their electric rates beginning in the July billing cycle. The typical residential customer using 1,000 kilowatt hours per month will pay $136.80 beginning in July, down $7.08 from June.
Bills are a combination of rates and usage, and high temperatures of summer tend to drive more energy use. Fortunately, the Mississippi Public Service Commission has approved Entergy Mississippi’s new rate plan reductions as summer reaches its peak.
“We work hard to safely provide reliable and affordable electricity to all our customers,” said Haley Fisackerly, Entergy Mississippi president and CEO. “Low rates are important to our customers as they budget for the home, as small businesses owners create new jobs, and as industries look to expand in our state.
The rate decrease and a decline in natural gas prices are not the only factors contributing to more savings for customers. Entergy Mississippi has implemented several other money-saving strategies to benefit customers, too, including:
- Spreading costs over time to help customers budget for higher bills caused by increased natural gas prices.
- Streamlining operational costs to become even more efficient.
- Saving customers’ money with free home energy efficiency kits and services.
- Shifting dependence on natural gas by offering new and varied power sources.
“We’re thankful to the Mississippi Public Service Commission for approving this decrease in rates, which allows our customers to save money. It comes at a crucial time, when the Mississippi heat tends to cause high energy usage,” said Fisackerly. “We hope this savings will help customers feel some relief from the heat and in their wallets at a time when they need it most."
Entergy Mississippi’s residential rates continue to be among the lowest in the nation and have grown more slowly than the cost of other goods since 2005. In nearly two decades, residential rates have increased by 23%, while the cost of bread and eggs have risen by 63% and 135%, respectively.
Customers can visit www.entergy-mississippi.com/energy_efficiency to find a variety of programs and resources that help explain bills, and save money and energy.
About Entergy Mississippi
Entergy Mississippi, LLC provides electricity to approximately 461,000 customers in 45 counties. Entergy Mississippi is a subsidiary of Entergy Corporation, a Fortune 500 electric company. Entergy powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. For the latest news from Entergy, visit the Newsroom.