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Help with understanding a New Orleans Entergy bill...
Posted on 9/17/21 at 3:32 pm
Posted on 9/17/21 at 3:32 pm
How do they come up with the "Electric Base Rate Charge"? A friend's August bill was ridiculously high, so I wanted to see their bill and saw this "Electric Base Rate Charge"...Please help me understand how they come up with that charge, which was over $400. Ouch.
17
Posted on 9/17/21 at 3:34 pm to Chicken
It’s called “how much can we charge users to recoup a force majeure event that costs us money?”
So they make shite up to punish customers for nature dealing them an unlucky hand
So they make shite up to punish customers for nature dealing them an unlucky hand
This post was edited on 9/17/21 at 3:35 pm
Posted on 9/17/21 at 3:35 pm to Chicken
King Chicken Baw, we are entering into the realm of theoretical pretend math. I'm not sure the human computer lady from that NASA movie could figure this one out.
Posted on 9/17/21 at 3:38 pm to Chicken
Don’t worry destroya and the city council is about to take on entergy and decide New Orleans can run their own electric thru a non profit
This post was edited on 9/17/21 at 3:40 pm
Posted on 9/17/21 at 3:43 pm to Chicken
I have Entergy LA. Not Entergy NOLA. But we have the base rate, the fuel adjustment, and the storm charges.
The base rate is what is regulated by the state.
The base rate is what is regulated by the state.
Posted on 9/17/21 at 3:49 pm to Chicken
dhilip jr will have to cut back on his massage parlour trips
Posted on 9/17/21 at 4:01 pm to LSUFanHouston
quote:does everyone in your area have the same base rate?
The base rate is what is regulated by the state.
Posted on 9/17/21 at 4:06 pm to Chicken
Or is it based on the square footage of your house
Posted on 9/17/21 at 4:15 pm to Chicken
It’s code for MONOPOLY.
Posted on 9/17/21 at 5:07 pm to Chicken
quote:
over $400.
I’ve got one of those too. When you figure it out, hollah at me.
Posted on 9/17/21 at 5:09 pm to Chicken
Utility companies basically have zero risk. When storms frick their infrastructure up they can just add fees and adjustments and there’s nothing you can do.
Posted on 9/17/21 at 5:11 pm to White Bear
quote:
It’s code for MONOPOLY.
Posted on 9/17/21 at 5:26 pm to BeepNode
quote:
Utility companies basically have zero risk. When storms frick their infrastructure up they can just add fees and adjustments and there’s nothing you can do.
And very little reward. Their ROI is capped at around 10%.
Posted on 9/17/21 at 5:38 pm to Dawgwithnoname
quote:
Their ROI is capped at around 10%
Pretty sure it’s their profit margin that has that cap (or one close to it); the deal made to be sole provider.
Regardless, I’m sure there’s a lot of frivolous “business expenses” they go through to stay at that particular percentage profit margin.
Posted on 9/17/21 at 5:40 pm to Chicken
It’s how much energy used times the base rate. The other charges will be add ons like hurricane rider.
Posted on 9/17/21 at 5:41 pm to Stiles
If people knew how much money Entergy wasted due to being able recoup their capital expenses, people would be furious. The problem is that Entergy still has the lowest rates in the country
Posted on 9/17/21 at 5:41 pm to Chicken
It is regulated and decided on by the city if you live in New Orleans. The state if outside of New Orleans.
Posted on 9/17/21 at 5:59 pm to LSUFanHouston
quote:
the fuel adjustment
This is the main culprit making bills outrageous. Another byproduct of Beijing Biden assault on O&G. It all has a trickle affect
Posted on 9/17/21 at 6:03 pm to Chicken
Sounds like Kalunda pissed off someone at Entergy
Posted on 9/17/21 at 6:05 pm to Chicken
I’m paying $5 for storm restoration charge in BR
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