River bend Nuclear Power Plan

Aerial view of the River bend Nuclear Power Plant near St. Francisville.

Entergy Louisiana’s 1 million customers will receive a break on their bills for three months because of a recent ruling by federal regulators.

The typical residential customer, who uses 1,300 kilowatt hours per month, will see their bill reduced by about $5.50 for each of the three months, according to the Louisiana Public Service Commission. Typical Entergy residential customers pay roughly $110 for their electricity each month.

The Louisiana Public Service Commission, which regulates privately owned utilities in this state, voted Wednesday to require Entergy return about $58 million to their customers over a three-month period.

Refunds will appear as credits in the fuel adjustment part of the monthly bills.

The PSC claimed Entergy had violated a power-sharing agreement among its subsidiaries. Basically, Entergy agreed to make power made cheaply by its Arkansas subsidiary available to its companies in Louisiana. But from 2000 to 2009, Entergy sold the cheaper electricity to other merchants, which benefited shareholders but required Louisiana customers to pay more.

The Louisiana regulators sued Entergy before the Federal Energy Regulatory Commission. FERC ordered Entergy Arkansas to pay $135.6 million plus interest to Entergy customers in Louisiana and other states.

Entergy Louisiana customers received $58.6 million. Entergy New Orleans, which is regulated by the City Council and not by the state, received $8 million. How that money will be returned to ENO will be decided by the New Orleans City Council.

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Follow Mark Ballard on Twitter, @MarkBallardCnb.