Nola.com: With $25M in credits on the line, New Orleans City Council vows scrutiny in Entergy restructure

07.28.2016
Utility Regulation
New Orleans City Council
Entergy New Orleans

“New Orleans City Council leaders were cautiously optimistic in their reception Thursday (July 28) of a plan to restructure Entergy New Orleans that includes up to $25 million in credits to customers over five years. The council will spend coming months reviewing whether the plan benefits customers,” reports

The Alliance is worried the timeline leaves too little time to explore ‘red flags’ in the proposal. While not opposing the plan, we have called on The Council to carefully scrutinize the new structure Entergy is proposing.

The Council needs to ensure Entergy New Orleans does not continue to collect money from customers to cover Louisiana taxes it no longer has to pay.

Read More on Nola.com

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