Louisiana customers paying less this summer
LOUISIANA - Energy bills for Louisiana customers are expected to be lower this summer.
Natural gas prices have fallen from more than $13 per million British thermal units to $3.56 per million Btu over a year's time.
Electricity customers in Louisiana pay for the utilities' cost of producing electricity in the base rates on their bills, then pay a separate charge for the cost of fuel used to produce electricity.
From June 2008 to June 2009, fuel charges have fallen by 77 percent at Entergy New Orleans Inc. At Entergy Louisiana LLC, the charges have fallen by 53.2 percent.
Entergy Louisiana President Renae Conley said the decrease comes at a time when electricity use is at its highest.
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MELBOURNE - Australian Taxpayers won't directly fund any new power plants despite some Coalition MPs seizing on a new report to call for a coal-fired power station.
The Australian Competition and Consumer Commission recommended the government give financial certainty to new power plants, guaranteeing energy will be bought at a cheap price if it can't be sold.
It's part of a bid to cut up to $400 a year from average household power prices.
Prime Minister Malcolm Turnbull said the finance proposal had merit, but he ruled out directly funding specific types of power generation.
"We are not in the business of subsidising one…
