Louisiana’s Entergy customers to also pay for storm costs

Downed power lines slump over a road in the aftermath of Hurricane Ida, Friday, Sept. 3, 2021, in Reserve, La.


Oklahomans aren’t the only ones who have to pay for storm costs. The one million customers of Entergy in Louisiana will pay $3.2 billion to reimburse the company to cover repair costs from five storms in 2020 and 2021.

Critics say it shouldn’t be allowed because while customers will have to cough up $3.2 billion for storm repairs, Entergy paid $1.5 billion in shareholder dividends and $4 million in CEO compensation.

The Louisiana Public Service Commission voted this week to require Entergy customers to pay an average of $10 more a month for 15 years to pay for winter storm and hurricane damage reported the Lafayette Daily Advertiser and the Louisiana Illuminator.

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