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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