T&D, Transmission

South Arkansas cooperative seeks rate cut

Arkansas’ Ouachita Electric Cooperative is asking state regulators to lower its rates for five counties in southern Arkansas counties. The change would affect 7,000 ratepayers, according to the Arkansas Democrat-Gazette.
The average residential customer will get a rate cut of 4.15 %, according to the cooperative’s general manager Mark Cayce. The formal request for a 4.56% rate decrease should be filed Nov. 1. Regulators have 90 days to issue a decision.
Ouachita Electric Cooperative serves Bradley, Calhoun, Dallas, Nevada and Ouachita counties in southern Arkansas.
Should the rate cut go into effect, customers will notice the difference on their February 2020 bills.
Cayce said this is the first across the board rate decrease the coop has had in two decades.