re: Entergy needs seven new power plants for the META Data Centers

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Unless they negotiated a bad deal and are charging less than the cost to produce it should not affect the residential rate at all.

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False.

What you should have said is “unless Entergy’s deal with Meta recoups less than the return they are guaranteed as a regulated utility, it should not affect the residential rate at all.” Which is a much lower bar, that you’d have to be a bit naive to disregard.

Basically any “discount” Meta receives as part of this deal will wind up being passed on to other rate payers. And that’s the thing - if there weren’t a discount, why would the contract details be hidden behind an NDA?

Entergy’s entire existing generation capacity in Louisiana is something like 24 GW. They are looking to add another 10 GW in relation to this project. For a company that makes a guaranteed return on capital projects, that’s a windfall regardless of who pays for it. They have a major incentive to get this done, so you can bet they will pull out every PR tool in their bag to do so. They will leverage every relationship, whether on the PSC, in the legislature, the media, or wherever. They will continue to tell everyone how this is going to make life better for everyone.

But you know what they won’t do? Release the actual details of the contract.

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The only details you can research are the ones being publicly disclosed by Entergy (or Meta), selectively, to try to paint the deal in the best possible light.

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I'm curious if/where buried and redacted in all of this is a "termination for convenience" clause for META or a majority stakeholder.

So if 5-10 years from now if META (or Blue Owl/ Blackrock) aren't seeing the returns that they want; they pull the plug and leave us on the hook for everything.