Average SWEPCO customers will see their monthly bills decline more than $13 per month for the next three months due to lower federal taxes paid by SWEPCO, according to Public Service Commissioner Foster Campbell.
An average SWEPCO residential customer using 1,282 kilowatt-hours will receive a credit of $13.62 on their August, September, and October electric bills.
Extending the benefit, average SWEPCO bills for November 2019 through July 2020 will reflect reductions of $3.03 each month.
The overall impact is a reduction of $24.4 million for SWEPCO’s 231,000 Louisiana customers. Exact impacts for customers will be based on their individual consumption.
For CLECO, Campbell said that average customers will see their monthly bills decline more than $12 per month for the next 12 months due to the same reason.