http://www.reformer.com/localnews/ci_14631913Entergy responds to Miss. charges
By BOB AUDETTE
Monday March 8, 2010
BRATTLEBORO -- Responding to an allegation raised by Mississippi Attorney General Jim Hood, Entergy fired back, accusing him of conducting "a fishing expedition" into activities he has no business investigating.
On Feb. 26, Hood sent a letter to Vermont Attorney General William Sorrell, in which he claimed Entergy had "wrongfully transferred" $1.3 billion from its regulated utilities to its "troubled nuclear program."
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In December 2008, Hood filed a lawsuit against Entergy accusing the company of fraud, unjust enrichment, anti-trust violations and other illegal conduct.
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The $1.3 billion was an allocation made between Entergy and its subsidiary, Entergy Nuclear Operations, which is the NRC-licensed operator of Vermont Yankee nuclear power plant in Vernon.
But Hood said the money sent to ENO should be used to reduce rates paid by Mississippi residents and not sent to Vermont "to pay for a leaking nuclear reactor."
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