Sept 21 Reuters : Entergy Corp. said on Tuesday that it expects restore costs for electrical facilities damaged by Hurricane Ida to be between $2.1 billion to $2.6 billion.
The energy company said Hurricane Ida caused significant damage to its electric system that resulted in 948,000 outages at its peak.
A lot of the storm costs were incurred in Louisiana and New Orleans, said Entergy.
The company said it had restored power to about 932,000 customers or 98% of those affected by the storm.
Ida, one of the most powerful hurricanes ever to strike the U.S. Gulf Coast, hit Louisiana before moving northeast and causing intense flooding that killed dozens in New York and other northeastern states.
Entergy also expects utility revenues to be adversely affected by power outages due to the hurricane in 2021.