PSC approves higher rates

Power bills will be going up in February for customers of Entergy Mississippi and Mississippi Power Co.

The Public Service Commission voted 2-1 Tuesday to allow each company to raise rates to recover higher natural gas costs from 2013 and higher projected costs in 2014. State law allows utilities to recover fuel costs without collecting any profit.

Rates for an Entergy residential customer who uses 1,000 kilowatt hours per month would rise 4.1 percent. Customers using that much electricity will see their bills rise from $103.87 per month now to $108.08.

Rates for a Mississippi Power residential customer who uses 1,000 kwh per month would rise 2.6 percent, from $137.41 to $140.91.

AP
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