Customers of Entergy Mississippi and Mississippi Power Co. will see lower monthly bills after the Public Service Commission on Tuesday granted a fuel-cost adjustment.
This was the first meeting for the new commission, which now is chaired by Northern District Commissioner Brandon Presley.
An average Mississippi Power residential customer's bill will be $13.70 lower each month; an Entergy residential customer will see an average decrease of $6.80.
This is an annual cost adjustment that reflects the cost companies pay for fuel to make electricity.
"Our job as a commission is to make sure utility prices are set at a level that serves the interest of the public, not produce excessive profit to utilities," Presley said. "To do this, we have developed some very good mechanisms to track what our utilities spend and we adjust customers' bills accordingly."
For more information about the PSC and how it tracks utility costs, call 1-800-356-6428 or visit psc.state.ms.us.