Entergy Estimates Christmas Storm Damage At $55-65 Million

by Talk Business & Politics staff (staff2@talkbusiness.net) 1 views 

Entergy Arkansas has compiled preliminary damage estimates from the extensive damage done from the Christmas snow, ice and wind storms that left nearly 200,000 without power for days.

The state's largest electric utility said the storm's damage to its facilities and infrastructure will total $55-65 million to repair, restore and replace.

Entergy Arkansas plans to present a cost recovery proposal to the Arkansas Public Service Commission in a base rate case proceeding filing planned for March 2013.

Entergy Arkansas provides electricity to approximately 700,000 customers in 63 counties in the state.