Entergy Louisiana CEO Phillip May tells the Public Service Commission that the utility company is doing more to help customers experiencing higher than normal energy bills. May says they are waiving late payment fees for eligible customers and credit card payment fees and…
“Entergy Corporation is making a 10-million dollar contribution to the Power to Care fund, which helps pay bills for lower income customers,” said May.
May says high natural gas prices have led to higher electric bills. But PSC member Foster Campbell criticized May for not using more solar power as a way to generate electricity and also pointed out that Entergy’s chairman recently received a one-million dollar raise.
“I figured it out how much you are paying your president per hour, $8,000 an hour you paying that man, that is more than some people make in north Louisiana, he makes more in one hour than some people make the whole year,” said Campbell.
May defended Leo Denault’s salary by saying its consistent with his peers around the nation. May says Entergy gets about 80-percent of its electricity from natural gas-fired plants, but has plans to use more solar power.
“We’re absolutely going big in solar, the big part of why we are doing that, the costs have come down have made it highly competitive that was not the case even five years ago,” said May.
Campbell was not buying the answers that May was giving and once again brought up the possibility that utility companies should no longer have a monopoly for the area they serve.
“Do a real study with qualified people that will come in and say this is what happens if you deregulate monopolies, because you have it going all your way,” said Campbell.
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