Entergy New Orleans announced today that it is withdrawing its filing of July 31 that proposed a change in the electricity and gas rates for New Orleans customers.
Entergy Louisiana has signed a long-term agreement to power the expanding Shintech Louisiana, LLC manufacturing complex in Iberville Parish.
Entergy Louisiana provided a $180,000 grant to the Baton Rouge Area Chamber as part of the company’s efforts to support regional economic development across the state.
Move to a pure play utility continues.
Entergy has agreed to sell the subsidiaries that own the Pilgrim Nuclear Power Station in Plymouth, Massachusetts, and the Palisades Power Plant in Covert, Michigan, after their shutdowns and reactor defuelings, to a Holtec International subsidiary for accelerated decommissioning.
Entergy Corporation’s shutdown Vermont Yankee Nuclear Power Station has completed the final movement of spent nuclear fuel from the spent fuel pool in the reactor building to dry storage casks, a major milestone in decommissioning. The campaign was completed ahead of schedule and within the projected budget.
Thirteen years after hurricanes Katrina and Rita devastated much of Louisiana, the low-cost bonds used to save customers hundreds of millions of dollars in storm restoration costs are now paid off.
Entergy Corporation (NYSE: ETR) reported second quarter 2018 earnings per share of $1.34 on an as-reported basis and $1.79 on an operational basis (non-GAAP), which excludes the effects of special items. Results included 31 cents of income tax benefits from the settlement of its 2012-2013 IRS audit.
In its first comprehensive base rate case since 2008, Entergy New Orleans today filed a plan with the New Orleans City Council to establish a single, uniform rate structure for all Orleans Parish customers, while improving reliability, modernizing the grid and utilizing new technologies that will provide customers with innovative solutions and help them take greater control over their energy costs.
The Board of Directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend of $0.89 per common share. The payment date is September 4, 2018, to stockholders of record on August 9, 2018.