Entergy customers are going to see their bills increasing soon.
The utility company is doing this to help pay for storm damage from 2020 and 2021.
Starting this May, customers are going to see an $8 increase on their Entergy bill.
The company said it is also going to be using that money to strengthen its grid.
The Louisiana Public Service Commission on Wednesday voted to let Entergy Louisiana borrow $3.2 billion via bonds to pay for repairs and restoration after storms that clobbered the state in 2020 and 2021, effectively passing on those costs to customers who must pay back the money on their monthly bills over 15 years.
Entergy says the cost-recovery increase of rates will allow them to repair and replace its electric infrastructure after Hurricanes Laura, Delta, Zeta, Ida, as well as damage from Winter Storm Uri.
