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Entergy says lower electric bills coming

Updated: Friday, August 29 2014, 02:01 AM CDT
PRESS RELEASE from Entergy:

Lower Electricity Bills are on the Way
New Fuel Factor, Refund Bring Break From Summer Weather's High Bills

Beaumont,
Texas - Although energy-guzzling hot weather and high temperatures can
be expected to stick around through September, Southeast Texans will
soon see relief with a drop in their electricity rates that will last
into next year.

Entergy Texas, Inc. customers should see a 12
percent decrease in bills over September and October because of a fuel
costs refund and a new lower fixed fuel factor. The refund is limited to
two months, while the savings from the fixed fuel factor portion will
be in effect until March 2015.

For an average 1,000 kilowatt-hour
residential bill, the fuel refund will be $7.59 in September and $10.06
in October. In addition to the refund, customers will also see a drop
in the fixed fuel factor, which is a pass-through charge to recover
costs for fuel used to make electricity.

This charge will change
from its current amount of $42.27 per the average 1000 kilowatt-hour
residential bill to $36.20, or about $6 in savings.

A comparison
to current bills shows that the average bill in August was $121.61. That
will drop by 11 percent to $107.95 in September and by more than 13
percent to $105.48 in October.
   
"Natural gas is an important
component of our electricity production and the primary fuel we use in
Texas," said Sallie Rainer, president and chief executive officer,
Entergy Texas, Inc. "Because fuel costs are passed on to customers, it
becomes a key part of determining bills. With the price of natural gas
continuing to moderate, we are pleased to be able to pass along this
benefit to our customers."

Entergy Texas, Inc. delivers
electricity to more than 426,000 customers in 27 counties. It is a
subsidiary of Entergy Corporation. Entergy 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 more than 10,000 megawatts of nuclear power, making it one of
the nation's leading nuclear generators.

Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas.Entergy says lower electric bills coming


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