re: Should North LA pay for coastal hurricane power grid repair? Foster Campbell says "NO"

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Didn't Bill Cassidy come out and say that some of the electrical infrastructure be buried underground after Ida so to help in the rebuild after a storm? I'm sure not all of it can be buried but at least some.

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You think people are complaining about cost right now??


As for storm costs, Entergy has already “paid” for the storm. The issue is how/if they recover the costs from customers. The proposed method is usually better for customers because instead of running it through normal rates where Entergy would get it’s full return, Entergy would just take the storm amount, go to one of the banks and finance the amount at 2-3% over 15 years and use the storm charge revenue to pay off the bond. Literally just a pass through.