NEW ORLEANS -- A New Orleans City Council committee has voted to open an official investigation into what it said has been Entergy New Orleans' failure to obtain low-cost power for local customers.
A resolution approved by the Utility Committee said Entergy New Orleans has not taken advantage of opportunities to take part in the Entergy system's joint purchases of low-cost power.
Entergy New Orleans is one of several operating companies in the Entergy system, which covers parts of Louisiana, Mississippi, Arkansas and Texas.
ENO Vice President Tracie Boutte denied that the company has passed up chances to obtain cheaper power and said the proposed investigation is not necessary.
Joe Vumbaco, an adviser for the council, said ENO could have saved about $3.5 million in one month this summer if it had taken part in more joint purchases with other Entergy companies.
Note that one point coming out of this week's squabble over "access" between the Council and the Administration was the city attorney's assertion that the Council's standing to issue subpoenas was contingent on having first initiated an "official investigation". If the Council intends to investigate fraud at Entergy, such an investigation could very well involve City Hall as well.
Could it be that this week's a/c flap was really about establishing ground rules for going after bigger game? Or do I just have an overactive imagination?
Necessary context has been gathered at AZ over the past several months.
Update: Today's AZ is, in fact, worth a look as well.
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