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Entergy should pay $1B in refunds, damages to customers over faulty power plant

Posted on 3/3/21 at 2:07 pm
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30823 posts
Posted on 3/3/21 at 2:07 pm
LINK

quote:

Entergy Corp. wrongfully charged customers over eight years for a power station that often malfunctioned and was repeatedly deemed unsafe, according to allegations in a federal complaint filed by three regulators of the utility this week.

The New Orleans City Council, the Louisiana Public Service Commission and the Arkansas Public Service Commission all say that Entergy should have retired the Grand Gulf Nuclear Station in Mississippi, instead of spending $800 million on a 2012 upgrade that hasn't stopped the station's repeated problems.


quote:

The utility also charged customers over $361 million for power it had to purchase when the deficient station was offline, the regulators said. The agencies said Entergy should refund customers those amounts, plus other damages, at a total cost of more than $1 billion.

The agencies complained Tuesday to the Federal Energy Regulatory Commission, which regulates the transmission and sale of electricity and natural gas, as well as the transportation of oil by pipeline.
Posted by USEyourCURDS
Member since Apr 2016
12056 posts
Posted on 3/3/21 at 2:09 pm to
Entergy stimulus inbound
Posted by tigahfan747
New Orleans
Member since Oct 2017
1563 posts
Posted on 3/3/21 at 2:12 pm to
Instead they’ll just continue to up charge 300% initially, because thats the reading they get from their “new machines”
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24598 posts
Posted on 3/3/21 at 2:12 pm to
Yall get ready for the "we fricked up" surcharge


Solar panels never looked so good. We all gonna be paying $400 a month come August to make up for their shite show management
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
150498 posts
Posted on 3/3/21 at 2:12 pm to
quote:

should

Posted by dukke v
PLUTO
Member since Jul 2006
202510 posts
Posted on 3/3/21 at 2:13 pm to
This is some MAJOR shite.........
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68302 posts
Posted on 3/3/21 at 2:21 pm to
Weird, I used to live rt there where that picture was taken.

Posted by td1
Baton Rouge
Member since Oct 2015
2823 posts
Posted on 3/3/21 at 2:25 pm to
I’m sure they will just off set it with some winter storm damage surcharge.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
36924 posts
Posted on 3/3/21 at 2:28 pm to
quote:

The New Orleans City Council, the Louisiana Public Service Commission and the Arkansas Public Service Commission


That's rich. If these three boards had any freaking accountability around them, a lot of Entergy's crap would never happen. Now they need the feds to step in?
Posted by atrain5
Baton Rouge Correctional Facility
Member since Sep 2017
2209 posts
Posted on 3/3/21 at 2:29 pm to
quote:

The agencies said Entergy should refund customers those amounts, plus other damages, at a total cost of more than $1 billion.


not gonna happen. if anything they'll increase our bills to cover their losses
Posted by sneakytiger
Member since Oct 2007
2471 posts
Posted on 3/3/21 at 2:39 pm to
Let me guess. The PUC's approved the $800MM project over a decade ago and now want to Monday morning QB this shite. Only the government could frick up the best source for clean and reliable energy.
Posted by doubleb
Baton Rouge
Member since Aug 2006
35822 posts
Posted on 3/3/21 at 2:40 pm to
Question, say Entergy didn’t elect to upgrade this plant and retired it, what would have been the alternative and how much would it have cost?
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7758 posts
Posted on 3/3/21 at 2:54 pm to
Finally getting that stimmy that Uncle Joe won't give us.
Posted by Lee Chatelain
I love the OT!
Member since Oct 2008
11319 posts
Posted on 3/3/21 at 2:57 pm to
Yea, I'm sure we'll all get paid.
Posted by Sayre
Felixville
Member since Nov 2011
5499 posts
Posted on 3/3/21 at 3:04 pm to
Grand Gulf is the worst nuclear power plant in the country.

River Bend is the second worst.

Nobody that works at either has anything good to say about them.
Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 3/3/21 at 3:11 pm to
quote:

That's rich. If these three boards had any freaking accountability around them, a lot of Entergy's crap would never happen. Now they need the feds to step in?


This is a great point. They allowed this into the rates.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47117 posts
Posted on 3/3/21 at 3:14 pm to
quote:

Grand Gulf is the worst nuclear power plant in the country.

River Bend is the second worst.

I have been in both and they are not as bad as you, through hearsay, think they are.

Grand Gulf went through a 15% uprate project in that time-frame. If anything, blame (formerly) Shaw Group for the overruns.
This post was edited on 3/3/21 at 8:43 pm
Posted by BottomlandBrew
Member since Aug 2010
27049 posts
Posted on 3/3/21 at 3:24 pm to
I'm shocked that Entergy would take customer's money and not do what they said they were going to do with it. Completely and utterly shocked.
Posted by BayouNation
Member since Sep 2008
2008 posts
Posted on 3/3/21 at 3:29 pm to


Entergy Corp. reported a record profit of nearly $1.4 billion last year, up 11% from 2019, despite lower sales across the board as demand for power from retailers, offices, industry and even residential consumers fell during the pandemic.

Entergy Chairman and Chief Executive Leo Denault said Wednesday that the shareholder-owned utility, the only Fortune 500 company headquartered in New Orleans, was able to increase profit despite lower sales due to sharp cuts in fixed costs, including "workforce attrition," trimming employee expenses and by delaying spending on some projects.
Posted by LSU2001
Cut Off, La.
Member since Nov 2007
2388 posts
Posted on 3/3/21 at 3:36 pm to
frick those slimy cocksuckers!!
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