Entergy sues the City Council over lower profit rate and $1 million fine
Company wants to overturn recently passed resolution setting electric and gas rates for the city.
Tag: Entergy New Orleans
Persistent outages plaguing Grand Gulf nuclear plant are adding millions to the bills of New Orleans customers
The outages cost New Orleans customers upwards of $100,000 a day, according to Entergy.
Council passes $1 million fine and lower allowed profit for Entergy, over objections from Mayor Cantrell and the company
Entergy threatened to bring litigation against the city or try to change the profit rate again next year, which would cost customers an additional $7 million in regulatory costs, the company claimed.
Council avoiding further debate on Entergy’s allowed profits, despite objections from Entergy and Mayor Cantrell
Last week, Mayor Cantrell sided with Entergy over the City Council, saying the company should be allowed to collect a greater profit from customers.
Coalition that includes Mayor Cantrell splits with her over proposed Entergy profits
Coalition that includes the city among its members still supports lower rate of profit for utility, despite the mayor's recent support for Entergy.
Council advances measure reducing electric bills for many Entergy customers, but relief may be short-lived
A proposed $1 million against the company also moves on to the full council.
City Council to consider $1 million fine on Entergy for frequent power outages
Outages in New Orleans became more frequent in the years following Entergy's disinvestment in maintenance and system upgrades.
Council utility advisors recommend mandating net-zero carbon emissions by 2050
The report cited “the unique vulnerability of New Orleans to the devastating consequences of climate change and the urgent need for decarbonization to prevent dangerous levels of global warming.”
Demonstrators say Entergy’s promises of lower bills are deceptive
The company is pushing a new rate plan with a PR campaign, called “Path to Progress.”
Entergy’s $210 million gas plant could cost customers more than $650 million, advocacy group says
Organization’s analysis says built-in profits, debt payments could add up to $240 million to $280 million. Entergy New Orleans disputes the figures, but does not offer specifics.
