Entergy (NYSE:ETR) and the Utility Workers Union of America (UWUA) Local 1-2 reached agreement early Saturday, Jan. 18, on a new contract for about 395 union workers at the Indian Point Energy Center in Buchanan, N.Y.
The agreement between Entergy and union leadership still must be approved by the union membership in a vote expected to take place within the next few weeks.
Rank-and-file approval of the proposal should not be considered automatic. Less than two years ago a different local within the same union voted down a tentative agreement at Entergy’s Pilgrim nuclear plant in Massachusetts.
A federal mediator has been involved in the contract talks and news of the tentative agreement comes less than two days after union leadership said the talks had “bogged down.”
A statement issued by Entergy in the early hours of Jan. 18 did not specify the duration of the proposed contract. But Local 1-2 President James Slevin said that the contract would be for four years. Slevin said in a recorded telephone announcement that the deal with reached at 3:50 a.m. on Saturday, Jan. 18.
“The agreement reached today allows all our employees to focus on their continuing mission to safely provide affordable and reliable power to millions of New Yorkers every day,” said John Ventosa, site vice president and Entergy’s top official at Indian Point. “This agreement is one that benefits all parties – our workers, the union, and Entergy. I applaud the union’s negotiating team, led by James Slevin, for their determination throughout the negotiations.”
Neither side revealed any other contract details.
The old contract expired hours earlier. Union workers at Indian Point had already authorized a potential strike in the event a contract agreement was not reached.
Indian Point 2 and 3 together generate about 2,000 MW of electricity for homes, businesses and public facilities in New York City and Westchester County.
Entergy’s Indian Point reactor units are engaged in a long-running license renewal case before the Nuclear Regulatory Commission (NRC). New York officials have been involved in a much-publicized solicitation for generating resources in the event that the nuclear units are retired.