Entergy Corp.
FERC rejected a new argument by the Louisiana PSC in a 17-year-old case tied to a now terminated agreement among Entergy’s operating companies.
Entergy reported second-quarter earnings of $361 million ($1.79/share), bettering 2019’s second-quarter performance of $236 million ($1.22/share).
Entergy reported “solid” earnings in the first quarter, saying it has taken quick action to mitigate the effects of the COVID-19 pandemic.
FERC reversed one part of a decision on the long-disputed bandwidth calculation Entergy used to equalize production costs among its operating companies.
The Texas PUC approved several measures addressing delinquent customer accounts and other issues related to the COVID-19 coronavirus pandemic.
Entergy must provide a clearer rationale before it will be allowed to include a line item for pension costs in its rate base, FERC ruled.
Customers of Entergy’s five utility subsidiaries have saved about $1.3 billion since they joined MISO in 2013, the company announced.
FERC rejected a pair of complaints from the Louisiana PSC related to a dispute over how Entergy previously allocated production costs among its companies.
Entergy beat Wall Street’s expectations with a third-quarter adjusted earnings of $506 million ($2.52/share), up from $431 million ($2.35/share) a year ago.
FERC approved Entergy's request to transfer ownership interests in two transmission control centers from Entergy Services to operating companies.
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