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Posted on 9/21/21 at 12:37 pm to Geauxld Finger
quote:
Sounds like the public figured out they never upgraded the system after the billions they’ve received over the past 15 years. So it’s time to cut bait and let someone else invest the money
So I have gone on record saying that audits need to be doe with utility companies state wide on how they have spent the "storm restoration" line item money.
If they are putting up more of the same stuff that blows away in 80-100 MPH winds then we have a problem. If they aren't using that money to make it easier to recover from hurricanes then we have a problem. I don't think turning NO over to the PSC is the answer BUT I surely don't think turning it over to the City of New Orleans is the answer.
I think the PSC in the state of LA needs to be overhauled drastically....but the providers won't let that happen.
Posted on 9/21/21 at 12:38 pm to ell_13
This is great news.
Posted on 9/21/21 at 12:39 pm to LSU316
quote:That storm restoration money is from past storms to recoup money already spent. Every item gets approved by the regulator which is either the LPSC or Nola. It is not something they get to spend on future expenses.
So I have gone on record saying that audits need to be doe with utility companies state wide on how they have spent the "storm restoration" line item money.
In other words, the audit you are asking for has already taken place.
This post was edited on 9/21/21 at 12:41 pm
Posted on 9/21/21 at 12:43 pm to Louie T
quote:
The optics of the New Orleans Power Station look bad given the paid actor scandal and some of the things that were said, but there was more at play than just hitting the "on button" at NOPS.
The totality of all the crap that Entergy has pulled over the past few years, including the above, the F up with the Super Bowl, random power outages because of cats and balloons getting into substations, etc, has led to an absolute crisis of confidence. No one who lives in this city has any faith in Entergy being able to do anything correctly.
Just a huge lack of trust right now. And given all of Entergy's F ups over the years... people are starting to wonder if there is a better option.
Posted on 9/21/21 at 12:43 pm to ell_13
quote:
the risk of storm costs across a larger customer base.
Let the people living in storm-prone areas bear that cost.
Posted on 9/21/21 at 12:46 pm to LSUFanHouston
quote:Go for it. You will be very dissatisfied with the ultimate outcome.
The totality of all the crap that Entergy has pulled over the past few years, including the above, the F up with the Super Bowl, random power outages because of cats and balloons getting into substations, etc, has led to an absolute crisis of confidence. No one who lives in this city has any faith in Entergy being able to do anything correctly.
Just a huge lack of trust right now. And given all of Entergy's F ups over the years... people are starting to wonder if there is a better option.
This post was edited on 9/21/21 at 12:47 pm
Posted on 9/21/21 at 12:46 pm to LSUFanHouston
quote:
random power outages because of cats and balloons getting into substations
How the frick is that on Entergy? There is no such thing as a 100% outage proof electrical infrastructure
There once was a naked dude drugged out of his mind climbing an tower in New Orleans east… I guess that was Entergys fault too
This post was edited on 9/21/21 at 12:48 pm
Posted on 9/21/21 at 12:52 pm to Tiger Prawn
quote:
And the people complaining about Entergy may be in for a rude awakening when they see the rates other power companies charge. My parents and I all live in St Tammany, but their Cleco bill is about double what I pay for Entergy and our houses are both the same size.
It's like paying taxes in NOLA or Louisiana in general.
We pay, compared to what people in other states pay, fairly low taxes. And we get absolute crap in exchange for it.
And because the government does such a terrible job with the tax revenue they get... no one trusts them with more money.
So yes perhaps if we paid higher rates... Entergy might do a better job... or they might just waste more money.
Posted on 9/21/21 at 12:53 pm to Unobtanium
quote:
years ago NOPSI operated the power and gas system in Orleans Parish with the same focus on reliability and focus on customer service as the S&WB.
Y'all know NOPSI was Entergy with a different name, right?
Posted on 9/21/21 at 12:55 pm to Coach Buzzcut
quote:
Entergy accidently sent their PR/Media Plan to Helena Moreno
This is exactly the level of massive incompetence that Entergy has become.
Posted on 9/21/21 at 12:57 pm to Louie T
quote:
You will be very dissatisfied with the ultimate outcome.
If the ultimate outcome is public owned that will be a disaster.
However there are other private utility companies out there, no? Are you saying they are all worse than Entergy?
Posted on 9/21/21 at 12:58 pm to CE Tiger
quote:
How the frick is that on Entergy? There is no such thing as a 100% outage proof electrical infrastructure
Do other cities and states across the country not have cats and balloons? How come they don't have these problems?
Posted on 9/21/21 at 12:58 pm to ell_13
quote:
a public utility run by the City of New Orleans.
This would be epic. Not a single contractor would work from the city because we all know they won't pay their bills on time and the grift surcharge would be astronomical. And can yo imagine taking any of those bonds to get rated. The diligence would be pure comedy.
Posted on 9/21/21 at 1:01 pm to ell_13
quote:
Entergy said a merger with its statewide subsidiary would bring lower rates to New Orleans customers and would create a larger company that could spread the risk of storm costs across a larger customer base.
A merged company would be managed by the Louisiana Public Service Commission and not the City of New Orleans.
Y'all might want to check on that. The home rule charter that the city has allows the city to regulate electricity within the city. The fact that a company would not have a seperate legal entity for NOLA does not change the home rule charter.
If ENO and EL merged... the city council would still have jurisdiction over electricity in the city of New Orleans. That would seem to be a massive nightmare.
The whole reason ENO even exists is to make it easier on Entergy corporate to deal with the city regulators.
This is another fine example of Entergy talking out of their backside. What a bunch of clowns.
Posted on 9/21/21 at 1:01 pm to LSUFanHouston
quote:Best of luck getting another company that knows what they're doing to come buy the piece of junk that is ENO given the storm risk, overbearing regulators, zero flexibility in capital spend or bill headroom, and being surrounded on all 4 sides by the rest of Entergy. There won't be a single regulated utility that views it as a good strategic fit, and you don't want any financial buyer besides Berkshire within a million miles of ENO. Entergy is doing this knowing full well New Orleans' options are pretty much none except municipalization. Won't be pretty
However there are other private utility companies out there, no? Are you saying they are all worse than Entergy?
Posted on 9/21/21 at 1:01 pm to fr33manator
quote:
NOLA swiftly headed towards being a third world country
It's already there.
Posted on 9/21/21 at 1:03 pm to LSUFanHouston
quote:Incredible. Might want to find another thread
Y'all might want to check on that. The home rule charter that the city has allows the city to regulate electricity within the city. The fact that a company would not have a seperate legal entity for NOLA does not change the home rule charter.
If ENO and EL merged... the city council would still have jurisdiction over electricity in the city of New Orleans. That would seem to be a massive nightmare.
The whole reason ENO even exists is to make it easier on Entergy corporate to deal with the city regulators.
This is another fine example of Entergy talking out of their backside. What a bunch of clowns.
Posted on 9/21/21 at 1:03 pm to Buck Wylde
I really hope NOLA city council takes the bait. Will be fun to watch that city collapse to such a state that Detroit pities them.
This post was edited on 9/21/21 at 1:04 pm
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