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re: Why is Entergy my only choice for electricity? How is that not a monopoly?

Posted on 2/16/21 at 2:56 pm to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136132 posts
Posted on 2/16/21 at 2:56 pm to
It is a monopoly, and you have another choice.
Posted by Dawgwithnoname
NE Louisiana
Member since Dec 2019
4278 posts
Posted on 2/16/21 at 2:59 pm to
quote:

You made it sound like the utility that sends you a bill owns it all.


For large utilities, they do. They own the generators, big wires, transformers and little wires. Only Co-ops and cities have the luxury of only owning the small stuff because they buy their power from the big boys. The billions and billions of dollars it took to get it to them is paid for by the big boys.
Posted by ell_13
Member since Apr 2013
87204 posts
Posted on 2/16/21 at 3:01 pm to
quote:

For large utilities, they do.
Cleco and Entergy, yes.
Posted by Buck Nekkid
Denver Colorado
Member since Jan 2021
151 posts
Posted on 2/16/21 at 3:07 pm to
quote:

In most instances, each utility owns its own distribution lines, poles, substations and other equipment.


It says what it says. It doesn’t mention the power plants or the transmission lines as being owned by the distribution utility.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
25714 posts
Posted on 2/16/21 at 3:07 pm to
quote:

Because grid infrastructure is ridiculously expensive


Is that why Entergy rarely updates theres?
Posted by STLDawg
The Lou
Member since Apr 2015
4442 posts
Posted on 2/16/21 at 3:08 pm to
Read about natural monopolies, baw.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11569 posts
Posted on 2/16/21 at 3:11 pm to
quote:

Are you talking $6.88? That is lower than the wholesale price right now.


Yes.

Six Dollars and Eighty-Eight Cents.

If it is higher then. Some of these Texas baws are going to need a second mortgage for their utility bill if they are totally electric. An electric heater can run you 20 kWh per hour.
Posted by ell_13
Member since Apr 2013
87204 posts
Posted on 2/16/21 at 3:12 pm to
quote:

It says what it says.
Will you relax? It needed more clarity. People don't think demco actually generates its own power, but what you said made that seem so. Although cities like Laffy do own partial ownership in some smaller power plants. My point was simply that there's a difference between distribution, transmission, and generation. You and I know that, but most people don't understand that not every line that brings them power from power plant to the house meter is owned by the exact same entity in most cases outside of Cleco and Entergy. That's all. You and I get it. But that wasn't totally clear from your first post.
This post was edited on 2/16/21 at 3:14 pm
Posted by ell_13
Member since Apr 2013
87204 posts
Posted on 2/16/21 at 3:13 pm to
quote:

Is that why Entergy rarely updates theres?
Entergy Louisiana updates their lines all over the state. It's pretty reliable there. Entergy New Orleans, on the other hand, has a ton of local political shite to deal with to update infrastructure in the city. Totally different animal.
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
37001 posts
Posted on 2/16/21 at 3:18 pm to
quote:

Yes.

Six Dollars and Eighty-Eight Cents.


Right now griddy is reporting it at $8.99 per kw/h. I think the normal power companies that lock customers in at their advertised rates would be getting crushed right now if they weren't rolling outages to "keep from overloading the system" or whatever they are claiming.

I'm starting to think there aren't problems with distribution, they will just lose a ton of money if they provide the power.
Posted by TheFlyingTiger
Member since Oct 2009
4130 posts
Posted on 2/16/21 at 3:18 pm to
quote:

It is a regulated monopoly...


the big scary market controlling, price gouging monopolies you're taught to fear in government school only exist through government.

the government's solution: also government
This post was edited on 2/16/21 at 3:20 pm
Posted by r0cky1
Member since Oct 2020
4720 posts
Posted on 2/16/21 at 3:21 pm to
Check water entities aswell..BR has a private water company. There in rural Louisiana too. Not run by the city but a company that has a contract with the city. Its impossible to start one now essentially but ridiculous. The company has zero competition and there is nothing that can be done
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11569 posts
Posted on 2/16/21 at 3:39 pm to
quote:

Right now griddy is reporting it at $8.99 per kw/h


Damn. I would be shutting everything off at my house and move into a hotel. You would be spending nearly 180 dollars per hour just to heat your home if your heater had to run constantly.

And we Louisianians complain about Entergy.

It does sound a little suspect. Those people that locked in their rates at cents per kWh and now the wholesale rates jump to 9 dollars a kWH. Some companies would lose everything like the short sellers of GameStop.
Posted by CE Tiger
Metairie
Member since Jan 2008
41882 posts
Posted on 2/16/21 at 3:47 pm to
quote:

that why Entergy rarely updates theres?


Also have to take in account to update the system you have to take line outages. This puts customers at risk as reliability decreases.
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
37001 posts
Posted on 2/16/21 at 4:03 pm to
quote:


Damn. I would be shutting everything off at my house and move into a hotel. You would be spending nearly 180 dollars per hour just to heat your home if your heater had to run constantly


I don't think it works out quite like that.

But yeah, griddy was actually telling their customers to switch to a different provider because their cost would be outrageous. I can't imagine how much money normal companies are losing right now only charging their customers $0.12 or whatever per kw/h.
This post was edited on 2/16/21 at 4:04 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 2/16/21 at 4:05 pm to
quote:

Different line. If Entergy puts poles in the ground, Entergy rate payers paid for it. They're not going to let you use it to buy power from another provider. It's not like cable.


I could see this being a thing along the boundaries where there’s some overlap but people in Texas talk about choosing providers and that’s mostly the same lines, right?
Posted by ell_13
Member since Apr 2013
87204 posts
Posted on 2/16/21 at 4:07 pm to
The texas grid is all market based with the transmission/distribution line owner being "for sale" in a way. Whoever you purchase from as a distributer has to purchase power from some generator company. All of this is done on a market like the stock market. Companies constantly buy and sell power and in multiples ways... day ahead market, realtime market, reserve market, etc.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
133441 posts
Posted on 2/16/21 at 4:14 pm to
We all wish that power companies would deny service to you specifically
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
6108 posts
Posted on 2/16/21 at 4:21 pm to
In Ohio, there is a monopoly on "delivery", First Energy, of the electricity, but there are multiple electricity providers, including First Energy. Bills come from FE with there delivery charge and whatever rate you have negotiated from them or other suppliers.
This post was edited on 2/16/21 at 4:22 pm
Posted by billjamin
Houston
Member since Jun 2019
16695 posts
Posted on 2/16/21 at 4:25 pm to
I will say that this event has shown one thing. Even if your deregulated like Tx, there’s still a bureaucrat in charge that can frick it up.
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