Entergy customers in Louisiana will be receiving a refund on their electric bill soon.
A $2.25 million refund owed to customers in the 2010-2013 period was approved by the Louisiana Public Service Commission (PSC). It's the result of a fuel adjustment charge during that three-year period.
Foster Campbell, PSC Commissioner, called for an investigation into apparent over spending by the Southwest Power Pool located in Little Rock. Southwest Power Pool manages the grid system by which southern states received extra electricity.
Expenses of Southwest Power Pool are passed on to all electric customers in those states.
The following statement is from SPP in response to the investigation.
Southwest Power Pool served as an independent coordinator of transmission on behalf of Entergy during that time period but has no involvement with the particular arrangement at the heart of Entergy’s settlement. Furthermore, SPP respectfully but wholeheartedly disagrees with Commissioner Campbell’s call for an investigation into SPP’s spending practices.
SPP’s services provide significant savings to the ratepayers in its region. Our wholesale electricity market alone saves participants $570 million a year. Conservative cost-benefit studies show that altogether our services produce $2.2 billion in savings annually across our 14-state region. The SPP region has the lowest wholesale electric costs in the country, and we’re proud to provide affordable and reliable power to nearly 18 million people every day. To anyone who questions SPP’s affordability, stewardship or ethics, we welcome the opportunity to provide answers.