Amid wide-ranging allegations that it soaked ratepayers for inflated costs at its troubled Grand Gulf nuclear power plant, which serves customers in three states, Entergy has struck a settlement with Mississippi, agreeing to refund the state $300 million. But it’s not yet clear if regulators in Louisiana will opt into the deal, and some officials are skeptical.
The Alliance's take: This plant has been a problem from the jump. Louisianans are owed far more than this pittance and we’re glad to see regulators in the state indicate the same sentiment.
On Monday, June 13, 2022, Orleans Parish Civil District Court Judge Rachael Johnson issued a ruling from the bench granting Entergy New Orleans’ petition for injunctive relief from a $1M fine that the New Orleans City Council imposed in 2019 as a result of routine reliability issues.
The Council opened docket UD-17-04 in 2017 to investigate Entergy’s decision to defer maintenance and upgrades to its distribution system. The Council, as the utility’s regulator, concluded that Entergy had acted imprudently and penalized the company accordingly. Entergy immediately filed suit for injunctive relief, claiming that the Council had not created reliability standards to which it could be held accountable.