UD-22-01

Entergy New Orleans and the Louisiana Utilities Restoration Corporation (LURC) filed an application to fund and finance storm recovery reserves. In the past few years “because of the economic hardships brought on by the pandemic,” the Council allowed ENO to recover storm costs through the storm reserve rather than through customer bill increases. Now that the storm reserve fund is depleted, Entergy is “seeking authorization to replenish the storm reserve” with $150 million. The Alliance has intervened in the interest of ensuring stringent regulatory oversight of this emergency fund.