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Posted on 7/12/22 at 10:56 am to Mingo Was His NameO
quote:
They'll be happy to bury the lines if you are willing to pay for it. It won't even cost you anything over what it costs them.
All of their efforts go into maintaining an outdated model. Yes I get that you can't replace downed lines from a hurricane with burried lines in a reasonable amount of time.
Their grid sucks and they do nothing to improve it, only keep it operational and/or expand it
Posted on 7/12/22 at 10:56 am to 777Tiger
quote:
your taxes are paying for police, fire & recuse, and EMS service as we type, have you used them today?
Your taxes also pay for infrastructure and repairs.
Posted on 7/12/22 at 10:57 am to RogerTheShrubber
quote:
I gave you multiple examples, you're just protecting your rip off artists.
I couldn't give a frick less about Entergy.
quote:
La and Texas aren't special when dealing with natural disaster.
So name some actual singular events in your area that have the kind of devastation to utility infrastructure. Don't give me the same general nonsense you've said all thread. We both know why you won't.
Posted on 7/12/22 at 10:57 am to Thib-a-doe Tiger
quote:
Their grid sucks and they do nothing to improve it,
Because it's not economically viable if they have to pay for it themselves and consumers aren't willing to foot the bill either.
Posted on 7/12/22 at 10:57 am to Pintail
quote:
Your taxes also pay for infrastructure and repairs.
bingo
Posted on 7/12/22 at 10:58 am to LNCHBOX
quote:
I couldn't give a frick less about Entergy.
You've spent this entire thread defending them.
You're a marketers dream.
Posted on 7/12/22 at 10:58 am to Pintail
quote:
Your taxes also pay for infrastructure and repairs.
Bingo.
Posted on 7/12/22 at 10:59 am to RogerTheShrubber
quote:
You've spent this entire thread defending them.
Not being a retard is me defending them
No shock you again have declined giving an actual example. This post was edited on 7/12/22 at 11:00 am
Posted on 7/12/22 at 10:59 am to LNCHBOX
quote:
Not being a retard is me defending them
Knowing how the system works isn't defending the system.
Roger and crew are retarded in this thread. Par for the course.
Posted on 7/12/22 at 10:59 am to jdd48
quote:
Storm restoration fees should be made illegal.
No - but there should be some accountability. Areas that are common failure points need to be upgraded or redesigned somehow to help improve reliability and ease of repair. That's reasonable and fair.
Seems like we keep rebuilding the same shitty old network that isn't working that well for us even on good days.
Posted on 7/12/22 at 11:01 am to member12
quote:
Seems like we keep rebuilding the same shitty old network that isn't working that well for us even on good days.
Again, if the consumer is willing to pay for it, I am certain Entergy is happy to do the upgrades.
The fact of the matter is people are choosing to live in an area that isn't really suitable to live in if you have to provide an electric grid. There are storms all the time, the soil sucks, and there's bad erosion. Engineering has found a way to overcome some of these problems, but that comes with a premium.
This post was edited on 7/12/22 at 11:03 am
Posted on 7/12/22 at 11:02 am to Mingo Was His NameO
quote:
Because it's not economically viable if they have to pay for it themselves and consumers aren't willing to foot the bill either.
potato potahto. what's the difference in raising rates or adding a surcharge for improvements or tacking on fees for storm restoration in perpituity? One will continue to happen, the other will provide more steady service which means more steady billing.
Posted on 7/12/22 at 11:02 am to tadman
quote:
A constant 7pct is not bad.
Also worth thinking about, that's their GAAP bottom line after financial engineering. If it's anything like PG&E, that place is coated in gold. I've done work for power companies and their people work very easy days, drive very nice trucks, and have incredible benefits.
See above comments about a monopoly.
Bingo.
As an example, take health insurance. They tend to operate somewhere in the 3-5% net profit margin range.
A lay observer may assume they are just scraping by, until you look under the hood and see CEO's getting paid 50+ million a year(some of the highest in any industry), 5+ million upper management salaries, a fleet of private jets, bloated administrative costs, reimbursement rates that often are significantly higher than if you have no insurance, and they spend millions on lobbying.
A quick search and Entergy CEO is making 15 million, their upper management 3+ million a year, they have multiple corporate jets, all for a monopolistic utility receiving government subsidies and delivering a largely inelastic good. Louisiana is gonna live and die by how they get regulated given that context, and if the poster above is accurate, the current situation is probably not ideal from a consumer perspective.
Posted on 7/12/22 at 11:03 am to Thib-a-doe Tiger
quote:
tacking on fees for storm restoration in perpituity?
They aren't in perpituity
Posted on 7/12/22 at 11:04 am to Bronc
quote:
A quick search and Entergy CEO is making 15 million, their upper management 3+ million a year, they have multiple corporate jets,
None of the passed on fees we are talking about fund those though.
Posted on 7/12/22 at 11:05 am to Mingo Was His NameO
quote:
Engineering has found a way to overcome some of these problems, but that comes with a premium.
Already paying insane rates and fees. Why aren't they going to upgrading the system instead of just constantly repairing the same old garbage?
This is one of the reasons why Entergy isn't trusted as a company. There are massive fees tacked onto bills already - but the service quality just stays horrible.
Posted on 7/12/22 at 11:05 am to Mingo Was His NameO
quote:
Knowing how the system works
Is easy. Subsidies help create the problem. You should read more kiddo.
Utilities are heavily subsidized by both the federal govt and the State. State granted monopolies are inefficient and overpriced.
Paying landowners to produce green energy also contributes.
When you grow up and are paying your own bills this will make more sense.
Posted on 7/12/22 at 11:06 am to member12
quote:
Already paying insane rates and fees. Why aren't they going to upgrading the system instead of just constantly repairing the same old garbage?
This is one of the reasons why Entergy isn't trusted as a company. There are massive fees tacked onto bills already - but the service quality just stays horrible.
So if they start converting everything to underground, you cool with years of $1000 plus bills?
Posted on 7/12/22 at 11:06 am to member12
quote:
Why aren't they going to upgrading the system instead of just constantly repairing the same old garbage?
Because the money is going to green energy which is inferior. We need plenty of nuclear.
This post was edited on 7/12/22 at 11:07 am
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