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New Orleans suburbs resident to pay up for nuclear plant repairs

text-my-money-2Entergy seeks bill increase to pay for nuclear plant repairs BY MARK BALLARD, The Advocate,  mballard@theadvocate.com September 06, 2013 About 700,000 Entergy customers from the New Orleans suburbs to the Arkansas line already are paying to repair the Waterford 3 nuclear plant that has only 11 years left on its license.

Since January, Entergy Louisiana’s typical residential customers — who buy about 1,400 kilowatt hours of electricity monthly — have been paying $5.81 more each month for the nuclear plant repairs, according to the company’s calculations.

The repair is roughly the cost of building a brand-new generating plant that uses natural gas as fuel and would last another half century, said Casey DeMoss Roberts, executive director of the Alliance for Affordable Energy. The Alliance is a New Orleans-based group that advocates on behalf of residential and small-business customers of big utility companies.

“Do we want to invest that much money into about a 30-year-old nuclear power plant, or should we retire the plant and invest that into a new natural gas or some other new generation source?” Roberts asked……. http://theadvocate.com/home/6913539-125/entergy-seeks-bill-increase-to

September 7, 2013 - Posted by | business and costs, USA

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