Fisackerly declined to say how much Entergy’s revenue had increased from its new industrial customers.
“The fact that we can pay for an additional $300 million effort without increasing rates gives you an idea about the magnitude of that,” he said. “Think of it this way: We have a cost of business, and when you bring a larger user of electricity, we can spread that cost over a greater base. So they help reduce the cost to the other customers.”
De’Keither Stamps and Wayne Carr — the Central and Southern District PSC commissioners, respectively, — spoke at Wednesday’s announcement in support of the project.
“It’s a step forward in getting to where we want to go,” Stamps said, emphasizing the importance of keeping rates affordable in areas with high poverty.
Entergy is the state’s largest utility company, serving about 459,000 customers in 45 counties.
At the PSC’s September docket meeting, Stamps called for an investigation into the company after hearing complaints from Entergy customers over power outages.
“We’re not going to stop anything until the reality of the citizens changes,” Stamps said. “They must not have to live in fear when the rain picks up, and they shouldn’t have to live in fear that their water’s going to go out because the water in rural Hinds County (comes from) ground pumps.”
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