Phillip R. May is the president and chief executive officer of Entergy Louisiana, LLC, which serves over one million electric customers in the state. He is responsible for the company’s electric transmission and distribution systems, customer service, regulatory and public affairs, economic development programs and charitable contributions, as well as its financial performance.
May led the successful effort to combine the Entergy Louisiana and Entergy Gulf States Louisiana operating companies to form a single, stronger utility to serve Louisiana customers. In addition, he oversaw the completion and startup of operations at Nine Mile Unit 6, the first new power plant added to the Louisiana fleet in nearly 30 years. It is the cornerstone of the company’s long-term plan to modernize its generation fleet while helping meet Louisiana’s growing energy needs.
May, who joined Entergy in 1986, served most recently as vice president of regulatory services where he was responsible for the development and implementation of system-wide regulatory strategies. In this role, he implemented programs to address cost recovery and regulatory lag through innovative ratemaking such as formula rate plans, specific cost-recovery mechanisms and performance-based rates.
Other positions of leadership include serving as vice president of transition management and managing director of corporate strategic planning and analysis.
May also has worked as a rates and regulatory affairs engineer, a financial analyst and planner for the former Gulf States Utilities and Louisiana Power & Light, and a negotiator of long-term wholesale power contracts. He served as an analyst of domestic and overseas acquisitions prior to concentrating on transition-to-competition activities.
May also prepared cost-of-service studies to support wholesale and retail rate cases and worked in the areas of financial planning and wholesale transactions. He was a senior engineer on the Gulf States Utilities/Entergy merger team. Prior to joining Entergy, he worked as an engineer assistant with the city of Lafayette, La., utilities.
May serves on the boards of the Federal Reserve Bank of Atlanta’s New Orleans Branch, the U.S. Chamber of Commerce, The Louisiana Nature Conservancy, Teach for America of South Louisiana, City Year Baton Rouge, and Second Harvest Food Bank.
May received a Bachelor of Science degree in electrical engineering from the University of Southwestern Louisiana and a Master of Business Administration from the University of New Orleans. He also completed the mergers and acquisitions program at the Wharton School in Philadelphia, Pa.