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Started By
Message
re: Couple shuts off electricity, uses 0 Kw...gets $115 bill from Entergy
Posted on 7/12/22 at 11:06 am to frequent flyer
Posted on 7/12/22 at 11:06 am to frequent flyer
quote:
What Entergy has is already incredibly expensive to customers, but still unreliable as hell. So this is clearly not working. All of those fees are not translating to better quality service and system reliability.
They're following the government infrastructure plan: keep raking in piles of money for road and infrastructure maintenance, do the minimum required (maybe), yet keep begging for more funds.
Posted on 7/12/22 at 11:06 am to Mingo Was His NameO
quote:
A quick search and Entergy CEO is making 15 million, their upper management 3+ million a year, they have multiple corporate jets,
quote:
None of the passed on fees we are talking about fund those though.
quote:
Mingo Was His NameO
Found the Entergy employee.
Posted on 7/12/22 at 11:07 am to member12
quote:
Why aren't they going to upgrading the system instead of just constantly repairing the same old garbage?
Because upgrades cost more than repairs and you're already bitching about the price of just the repairs.
It's really simple, if they offered to upgrade the system for $50/month for the next 10 years would you accept?
Posted on 7/12/22 at 11:08 am to RogerTheShrubber
quote:
You should read more kiddo.
quote:
When you grow up and are paying your own bills this will make more sense.
Took more than the 3 posts I predicted, but we made it
Posted on 7/12/22 at 11:08 am to Thib-a-doe Tiger
quote:
If they would ever take some of the restoration fees and put them into upgrades like underground utilities, they would save themselves and their customers billions.
They know the vulnerable parts of their grid. They just choose not to upgrade them despite charging perpetual "restoration fees".
I guess they think that the government will give them cash to upgrade their own network.
Posted on 7/12/22 at 11:08 am to Mingo Was His NameO
quote:
None of the passed on fees we are talking about fund those though.
I would love you to prove that, hell, I would just take a detailed breakdown of every fee Entergy charges and where that revenue gets directed to within the company for transparency purposes.
You can do a lot of things with accounting, pricing, and moving money around to fund indirect expenses, again, healthcare is a masterclass at this. Especially if the oversight governing and auditing you is not that strong.
This post was edited on 7/12/22 at 11:10 am
Posted on 7/12/22 at 11:09 am to Bronc
quote:
A quick search and Entergy CEO is making 15 million, their upper management 3+ million a year,
Tell me their salary. Not how much they make
Posted on 7/12/22 at 11:09 am to LegendInMyMind
quote:
do the minimum required (maybe), yet keep begging for more funds.
Yep, until the Feds spring for better infrastructure, these monopolies aint doing shite.
Posted on 7/12/22 at 11:11 am to Bronc
quote:
You can do a lot of things with accounting, pricing, and moving money around to fund indirect expenses
Not if you are a regulated utility.
quote:
Especially if the oversight governing and auditing you is not that strong.
An Entergy company (not sure if public info or not so I'm going to be generic) got hit with MASSIVE fines, like hundreds of millions, for overcharging on capital expenditure reimbursements.
Posted on 7/12/22 at 11:12 am to Mingo Was His NameO
quote:
It's really simple, if they offered to upgrade the system for $50/month for the next 10 years would you accept?
I'd take this deal if had some other provider that I thought would get things done. But I don't trust Entergy for that. I'd expect buried lines, upgraded hardware, and a grid that can be repaired easily. That's just not something Entergy can be trusted with.
They'd upgrade a few thousand feet of lines in New Orleans and call it a day. The rest of their customers would still be fricked because they made the mistake of trusting Entergy. And if they ask the taxpayers to upgrade their network, then I think a variety of other energy providers should be allowed to operate there as the tenant provider and we slowly kick Entergy the frick out as a state.
This post was edited on 7/12/22 at 11:19 am
Posted on 7/12/22 at 11:23 am to goofball
quote:
a fee-fi-fo-fum fee," said Michael Trahan
I've been at that level of exasperation before
Posted on 7/12/22 at 11:26 am to Bronc
quote:
Especially if the oversight governing and auditing you is not that strong.
Energy and Healthcare are two of the most regulated industries around. Its not an oversight, its intended.
Competition helps, a lot. Monopolies that are heavily regulated is simply cronyism dressed as service.
Posted on 7/12/22 at 11:26 am to Mingo Was His NameO
quote:
Not if you are a regulated utility.
Just one example
quote:
When something goes wrong with a product or service that you bought, you might want a refund. But did you know that your utilities don’t have to give you a refund when the Ohio Supreme Court finds that charges you paid to a utility were improperly allowed by the PUCO? That’s right, an obscure 1950’s Court precedent combined with a lack of action by the PUCO is allowing utilities to keep your payments for improper charges.
The Ohio Supreme Court has said that utilities do not have to refund improper charges to consumers unless the PUCO makes the utility’s charges refundable or the Ohio legislature changes the law. And guess what, utilities lobby against making charges refundable or changing the law.
You lose every which way. How much have you lost, you ask? Just since 2009, Ohio electric consumers have been denied $1.5 billion in refunds that utilities were allowed to keep even though the Supreme Court found the utility charges to be improper.
LINK
Curious in your mind what might be allowing the CEO to pay for trips to Vail on a corporate jet with his family during Hurricane Ida.
quote:
"They've got no skin in the game," Campbell said. "I'm sick of the free ride they're getting."
Though current law appears to allow Entergy to recoup all of its repair costs from their 1.1 million Louisiana ratepayers, commissioners noted the company issued $3 billion in dividends to stockholders during the past two years and gave Denault a $1 million raise.
"I think Entergy's shareholders benefit immensely from Entergy's business model in Louisiana, but I do not think Entergy's customers see those same benefits," said Commissioner Craig Greene, R-Baton Rouge, in a statement. "While Entergy's stock price has risen, dividends are increasing and executives are flying in private jets, Louisiana's reliability scores are last in the nation and Louisiana customers are paying higher bills."
I think the term some should familiarize themselves with is rent-seeking behavior.
$2,500,000 annually in lobbying expenses
It's almost like Entergy is investing in lobbying that is resulting in near 0 liability contracts with the state, charging higher fees, producing bottom of the country results in terms of reliability, and using the excess to pay off their shareholders and build corporate fleets for their high paid CEO's off the back of those higher customer prices.
This post was edited on 7/12/22 at 11:31 am
Posted on 7/12/22 at 11:26 am to Cosmo
There is always a minimum bill if you have service connected but it’s usually around 50 dollars. 115 is steep
Posted on 7/12/22 at 11:28 am to Areddishfish
quote:
When I was in college during 2010-2013… was only like $50 haha.
So you’re telling me prices were lower a decade ago?
Uncanny
Posted on 7/12/22 at 11:34 am to goofball
Averaging 250 a month for me. I’ve called them a few times to bitch about it. Does nothing. The bill smoothing thing is stupid. Screwed regardless.
Posted on 7/12/22 at 11:35 am to goofball
Averaging 250 a month for me. I’ve called them a few times to bitch about it. Does nothing. The bill smoothing thing is stupid. Screwed regardless.
Posted on 7/12/22 at 11:35 am to deltaland
quote:
but it’s usually around 50 dollars. 115 is steep
Particularly for no usage.
You'd think an outfit as heavily regulated and subsidized as energy companies shouldn't have to resort to this.
Posted on 7/12/22 at 11:38 am to DaBull
And the new improved meters that were installed. Day by day usage is accessible. I think the meters are made by Dominion
Posted on 7/12/22 at 11:41 am to LNCHBOX
quote::crickets:
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.
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