Entergy has announced that the tax savings from the federal
tax reform bill will be passed back to customers starting in May. The savings
will be implanted in two stages through September.
Entergy Louisiana CEO
Phillip May says by fall, the average customer will be saving six bucks a
“It will start off in May with a reduction to a typical
customer of about four dollars and twenty cents per month and then in September
we will see a reduction of about two dollars per month.”
May says the savings are the result of the trillion dollar
tax cut, as well as upgrades to Entergy’s infrastructure.
“Entergy has been investing considerably in its grid for
some time. These tax reforms will help
to provide that service at a lower cost.”
And the saving will come just in time to blunt the impact of
dreaded Louisiana summer electric bills.
“All in all… really good news for customers, and it’s coming
at a time when we will see air conditioners cranking and bills going up.”
Customers will see an additional drop of about two dollars a
month after Katrina/Rita costs fall off in October.