- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: ENTERGY: Anyone else being ripped off this month by them?
Posted on 2/9/22 at 10:55 pm to gillian
Posted on 2/9/22 at 10:55 pm to gillian
Do you not have a smart meter? I thought entergy had everyone on them now. I can look in their phone app and it shows my usage down to the hours, only like 15 min behind real time. It's nuts.
1
Posted on 2/9/22 at 11:15 pm to PeteRose
quote:
How long do you wait for the hot water to come through in the morning?
About a minute, the fools that laid out the plumbing in my house put the water heater in the rear shed separated from the house. The plumbing is run in the ground between buildings.
Posted on 2/9/22 at 11:15 pm to big_tuna
This is what happened during the winter storm last year (2021). People throughout the country had ridiculously high gas and electric bills. There was another winter storm last week that jacked up natural gas prices. That means high gas bills and electricity bills next month.
Utility companies (electric and gas providers) can enter into fixed price long term contacts with gas marketers, but they don’t. Even after last year, they didn’t learn their lesson. Their natural gas supply contracts remain unhedged. When they enter into contracts for gas based on index prices (which is how they choose to contract) they get the benefit of low gas prices for the majority of the time, but when there is an emergency that impacts supply and demand and prices sky rocket, it screws their customers. Then the utility company points the finger at natural gas marketers like they are the bad guys.
This is like having a variable rate mortgage that starts at 1% interest but jumps to 10% when there is a crisis, like war or something. They could have just got a fixed rate mortgage for 2.5%, but that was the risk they chose.
Until each state’s the public service commission does anything about it and calls out these utilities for having unhedged supply contracts that keep screwing consumers this will keep happening.
Utility companies (electric and gas providers) can enter into fixed price long term contacts with gas marketers, but they don’t. Even after last year, they didn’t learn their lesson. Their natural gas supply contracts remain unhedged. When they enter into contracts for gas based on index prices (which is how they choose to contract) they get the benefit of low gas prices for the majority of the time, but when there is an emergency that impacts supply and demand and prices sky rocket, it screws their customers. Then the utility company points the finger at natural gas marketers like they are the bad guys.
This is like having a variable rate mortgage that starts at 1% interest but jumps to 10% when there is a crisis, like war or something. They could have just got a fixed rate mortgage for 2.5%, but that was the risk they chose.
Until each state’s the public service commission does anything about it and calls out these utilities for having unhedged supply contracts that keep screwing consumers this will keep happening.
Posted on 2/9/22 at 11:16 pm to dr_pootis
I have not had a bill over 100 bucks in over 3 years...until this month. $35 dollars more than last January.
Posted on 2/9/22 at 11:38 pm to LSUFAITHFUL
quote:
Utility companies (electric and gas providers) can enter into fixed price long term contacts with gas marketers, but they don’t. Even after last year, they didn’t learn their lesson. Their natural gas supply contracts remain unhedged. When they enter into contracts for gas based on index prices (which is how they choose to contract) they get the benefit of low gas prices for the majority of the time, but when there is an emergency that impacts supply and demand and prices sky rocket, it screws their customers. Then the utility company points the finger at natural gas marketers like they are the bad guys.
With the amount of natural gas in the gulf and shale deposits in Louisiana, is there anything stopping power companies to get involved in oil and gas drilling to supply their own natural gas and screw the wholesale market?
It would be the same reason why Amazon started its own delivery services to bypass UPS, FedEx, and USPS rates.
This post was edited on 2/9/22 at 11:47 pm
Posted on 2/10/22 at 1:23 am to Tarps99
quote:
With the amount of natural gas in the gulf and shale deposits in Louisiana, is there anything stopping power companies to get involved in oil and gas drilling to supply their own natural gas and screw the wholesale market?
Yea because they have a monopoly and know you are going to pay your bill no matter what and you don’t have a choice. Why would they take on anymore risk?
Posted on 2/10/22 at 1:26 am to WaWaWeeWa
Amazed politics haven't been brought up yet.
Posted on 2/10/22 at 4:27 am to swiper
We had a cold spell of a few days in aboot 2000. We ran the heater for those few days. Our normal $80 bill was aboot $450. I contacted Entergy. Their attitude was that i should go frick myself and pay it, or do without, from then on.
I began looking for another job, out of their reach, and moved to FL a few months later. My electric returned to reasonable, and I saved almost $12k a year by taking a job with insurance, and with homeowners and auto savings.
If you are taking it in the arse, and stay, it is because you like taking it in the arse.
I began looking for another job, out of their reach, and moved to FL a few months later. My electric returned to reasonable, and I saved almost $12k a year by taking a job with insurance, and with homeowners and auto savings.
If you are taking it in the arse, and stay, it is because you like taking it in the arse.
Posted on 2/10/22 at 7:17 am to NPComb
Ours actually went down this month.
Posted on 2/10/22 at 7:41 am to WaWaWeeWa
Yep and just like that we also had to pay for their new logo too.
Posted on 2/10/22 at 8:05 am to The Boat
quote:
Did you get a new meter installed where they set it to rape?
They installed one while I was away at work. I made them come put the old meter back
Posted on 2/10/22 at 8:31 am to NPComb
Thanks Joe!
Posted on 2/10/22 at 9:27 am to NPComb
quote:They had to fund the millions of dollars it cost to come up with that new logo somehow
My bill is usually $120 this time of year. Now it's over $600.
Posted on 2/10/22 at 9:30 am to NPComb
Double check your bill. They've been estimating my reading for the last three bills and "estimating" my usage to be triple what I used a year ago.
Posted on 2/10/22 at 9:43 am to NPComb
I pay my bill every two months. Came in at $90 Im was very pleasantly suprised
Posted on 2/11/22 at 8:22 am to Tarps99
quote:
With the amount of natural gas in the gulf and shale deposits in Louisiana, is there anything stopping power companies to get involved in oil and gas drilling to supply their own natural gas and screw the wholesale market?
I think it’s cute that you think utilities would drill their own gas and then pass on those savings to you. 1. They would just drill and still charge index prices. 2. They would need to do more than just drill. They would have to build gathering, processing and transportation infrastructure.
Posted on 2/11/22 at 8:30 am to Areddishfish
Most people don’t know that Louisiana’s peak energy usage occurs in the winter not summer. The energy required to run an electric heater is way more than what’s required to run an AC.
Posted on 2/11/22 at 8:56 am to LSUFAITHFUL
quote:
I think it’s cute that you think utilities would drill their own gas and then pass on those savings to you. 1. They would just drill and still charge index prices. 2. They would need to do more than just drill. They would have to build gathering, processing and transportation infrastructure.
It is not cute, it is just a smart business proposition. Unfortunately, you are correct. A company with the track record of Entergy would screw this up so much that we would be paying for it for years as another surcharge. I can’t wait until they spend millions on renewables and get screwed over somewhere and ask for a bailout.
Posted on 2/11/22 at 9:35 am to NPComb
POTatUS. “I did that”
The Fed. “We helped”
Congress. “But what about us?”
The Fed. “We helped”
Congress. “But what about us?”
Posted on 2/11/22 at 9:38 am to DTRooster
mine was normal. a little higher than last year but i ran my heater more. it was a little over a hundred bucks. 2300sq ft.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News