New Orleans has long attracted attention be it good, bad and occasionally glitter-covered. From beignets to brass bands, people can’t seem to stay away from our fair city.
Lately, some of the attention we’re getting isn’t so charming: national groups are sniffing around with a risky idea called electric deregulation. It’s being sold as “choice,” but don’t be fooled. Deregulation won’t lower your power bill. It’ll raise it.
Here’s what’s on the table. Under deregulation, companies called retail suppliers would be allowed to sell you electricity instead of Entergy New Orleans, our regulated utility. That sounds harmless enough until you realize they’ll be selling you the exact same electricity, just at a higher price…