Help | Contact Us
NukeWorker.com
NukeWorker Menu Regulators to decide if Entergy customers should pay for $140M mistake
honeypot

Author Topic: Regulators to decide if Entergy customers should pay for $140M mistake  (Read 1619 times)

0 Members and 1 Guest are viewing this topic.

Offline Ksheed

  • Very Lite User
  • *
  • Posts: 4
  • Karma: 0
  • Gender: Male
  • Tell Recruiters to use NukeWorker.com


Rarely is a Louisiana Public Service Commission meeting as significant in scope as the discussion and vote Wednesday on two Entergy requests: that its customers pay for a $140-million mistake at nuclear power plant and permission to build a new natural gas-fueled plant.


Some of the giants of Louisiana industry have lined up in opposition to Entergy’s requests.


Atypically, the five PSC commissioners have been circumspect in conversations over the past weeks about their leanings on either issue.


They seem to agree that making customers pay for the mistake, in Commissioner Foster Campbell’s words, “rewards incompetence on the backs of everyday Mom and Pop consumers.”


On the other hand, Campbell included, they seem to also acknowledge the long-term consequences of their decisions Wednesday and in PSC Commissioner Scott Angelle’s words, “We can’t just go off half-cocked.”


The November 2010 discovery of “visible cracks and distortion” on key pieces of equipment to be installed at the Waterford 3 nuclear power plant launched a debate over money and principle. Entergy Louisiana LLC wants its 1 million customers to pay, including a profit.
Quote


http://www.theadvocate.com/baton_rouge/news/business/article_89b76ef6-6d4f-11e6-8325-37f26841d940.html

Offline hamsamich

  • Very Heavy User
  • *****
  • Posts: 1456
  • Karma: 1358
  • Gender: Male
  • And did I hear a 9er in there?
As far as a profit of 10% on the S/G overage, the article didn't explain in detail if Entergy was going to receive a profit for the extra 140 million or not....I don't think they should.  Doesn't sound like a great business model "the more I screw up or my contractors screw up, the more profit I make".  Have to look at more numbers in detail to see what is really going on.....Maybe the better way to do things is a certain percentage of profit for every megawatt you sell.  The rest could be a wash.  And taking it further, it doesn't seem to make sense to get a "profit" on any type of preventative maintenance, no matter how big the capital expenditure.  Maybe someone with a better understanding of the nuclear business model could comment.  I might press the "phone a friend" button.

 


NukeWorker ™ is a registered trademark of NukeWorker.com ™, LLC © 1996-2025 All rights reserved.
All material on this Web Site, including text, photographs, graphics, code and/or software, are protected by international copyright/trademark laws and treaties. Unauthorized use is not permitted. You may not modify, copy, reproduce, republish, upload, post, transmit or distribute, in any manner, the material on this web site or any portion of it. Doing so will result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
Privacy Statement | Terms of Use | Code of Conduct | Spam Policy | Advertising Info | Contact Us | Forum Rules | Password Problem?