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Electric companies could soon get federal money to offset storm costs. Here's why.

Por: The Advocate Politics September 30, 2022

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Investor-owned utilities like Entergy may soon be able to compete for a pot of federal money aimed at helping areas recover from disasters like after language was added to a stopgap budget bill in Congress.The move could help offset the huge costs incurred by ratepayers after it was ripped apart by Ida last year. But the appropriation is relatively small, at least in utility terms, at $600 million, and Louisiana’s utilities will have to... + full article



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