NEW ORLEANS - Today, Council Utilities Committee Chair Helena Moreno announced the committee approval of an agreement to end Entergy New Orleans' pursuit of litigation over last year's rate order.
"Last year, this Council lowered customers' Entergy rates for the first time in a decade," said Councilmember Moreno. "As a result of our rate order, Entergy New Orleans sued the Council in an attempt to stop implementation. Today's agreement ends that lawsuit and leaves the Council's rate order completely intact, preserving the hard-won gains for ratepayers that included lower rates, green power options, freezing the minimum charge, and setting a more reasonable profit margin for the company."