Lower Electricity Costs and Improved Reliability: LPSC approves ELL and EGS-La move to MISO

At it’s monthly meeting on Wednesday, May 23, 2012, the Louisiana Public Service Commission approved pending requests by Entergy Louisiana, LLC, and Entergy Gulf States Louisiana, LLC to move the oversight of its Transmission system in Louisiana to the Midwest Independent Transmission Operator (“MISO”). The commissioners voted unanimously to approve the request, a move which could save consumers half a billion dollars or more. The cost savings will be attributable primarily to the centralized dispatch of generation under MISO’s markets.  It is expected that the move will mean greater reliability and lower costs throughout Louisiana. The other commissions in the Entergy service territory(Arkansas, Mississippi, Texas, and the City Council of New Orleans) have pending requests from those releated Entergy affiliates.