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Robideaux reveals another $2 million that Lafayette Utilities System overpaid Fiber for services
By Andrew CappsLafayette Mayor-President Joel Robideaux revealed Tuesday that the Lafayette Utilities System overpaid more than $2 million to its sister utility LUS Fiber for services over eight years.
The additional $2 million in questionable payments comes after Robideaux already identified more than $8 million in payments made by LUS to Fiber, which he reported as possible violation of state law that prohibits the public utility from subsidizing its related cable TV and internet provider.
Those payments were for a power outage monitoring service that Robideaux said was not being used and had duplicated a similar service LUS created under a $22 million smart meter system developed by the utility.
The payments between LUS and Fiber cost the utility's ratepayers more than they should have paid, according to Robideaux's review. He and others have raised concerns that LUS was overpaying Fiber to help keep the sister utility afloat during because of its struggling finances.
Read more: https://www.theadvertiser.com/story/news/local/2019/12/17/report-lus-fiber-overcharged-lafayette-utilities-system-services/2679714001/
(Lafayette Advertiser)