La. Supreme Court Overturns $34M Entergy Refund

Law360, New York (April 7, 2009, 12:00 AM EDT) -- Entergy New Orleans Inc. will not be required to refund customers $34.3 million in charges related to fuel costs now that the Louisiana Supreme Court has overturned a lower court ruling against the utility.

A trial court had previously affirmed a decision by the New Orleans City Council, the company's regulator, to require $11.3 million in refunds, but an appeals court later increased the amount to $34.3 million. The high court ruling Friday reinstated the New Orleans City Council's decision.

“We’re pleased with the high court’s...
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