Energy company ordered to refund millions of dollars to customers, officials say

BATON ROUGE, La. (WAFB) – The Louisiana Public Service Fee (“LPSC”) was happy with two current choices that discovered System Power Sources, Inc. (“SERI”), an Entergy subsidiary, overcharged prospects.

In line with officers, prospects have been being overcharged for years and now SERI owes hundreds of thousands of {dollars}.

SERI overbilled prospects served by Entergy Louisiana, LLC, Entergy New Orleans, LLC, and Entergy Arkansas, LLC, officers mentioned.

Stories present the corporate has to pay $160 million to Entergy Louisiana prospects, $190 million to prospects served by Entergy New Orleans, and $241 million to Entergy Arkansas prospects.

The LPSC, Council, and APSC mentioned they’re stunned by Entergy’s bulletins over the past week that no extra refunds are due on the unsure tax positions and think about it blatantly inaccurate. No truthful studying of both resolution might help Entergy’s interpretation.

“For causes unknown, Entergy is making an attempt to mislead its customers, traders and the general public relating to the implications of FERC’s findings of unjust and unreasonable conduct by SERI,” mentioned LPSC Chairman Lambert Boissiere.

In a dialogue, the Federal Power Regulatory Fee (”FERC”) rejected every of SERI’s arguments to justify its failure to scale back fee base for the taxes collected from prospects, officers added.

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