After decade of delays Mississippi’s $1 billion lawsuit against Entergy set to begin
A trial is finally set to begin Monday in a $1 billion-plus lawsuit by the state of Mississippi against its largest private electrical utility, more than a decade after it was filed.
Attorney General Jim Hood is suing Entergy Mississippi, claiming the company deliberately sold overpriced power to customers from 1998 to 2009.
Hood is a Democrat running for governor.
He argues Entergy had a duty to buy less expensive power from other generators for its customers.
Hood says the unit of New Orleans-based Entergy Corp. owes more than $1 billion. He wants refunds to Entergy’s 447,000 western Mississippi customers.
Entergy denies wrongdoing. It says the dispute should be decided by a state or federal regulator.
The company says it ran its own plants to ensure the lights stayed on.
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