A new law in Arkansas opens the door for higher electric rates as the state’s two largest utilities propose “strategic investments” including new gas-fired power plants.
Entergy Arkansas, the largest electric utility in Arkansas, has filed application to build a 754-megawatt natural gas-fired power plant, which it hopes to finance with a rate increase starting in 2026.
The Southwestern Electric Power Company also wants authority to construct to out-of-state natural gas power plants but pass along the construction costs to Arkansas ratepayers.
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