Entergy Arkansas says a reduction in its costs for power will mean a 4.75 percent cut in the average residential customer's utility bill.
Entergy said in a news release Friday that it expects more nuclear generated power — which is less expensive — will be available in 2013 from Arkansas Nuclear One and Grand Gulf.
The company says the utility bill for a residential customer currently using 1,000 kilowatt hours is $101.31 per month. Entergy says that bill would drop to $96.50 per month under the new rate.
The new rate will be effective from April through March 2014.
Entergy Arkansas is a subsidiary of Entergy Corporation and has approximately 700,000 customers in 63 Arkansas counties.