Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 434

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 434
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 ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

NOTE 2.  RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Regulatory Assets and Regulatory LiabilitiesRegulatory assets represent incurred costs that have been deferred because they are probable of future recovery from customers through regulated rates.  Regulatory liabilities represent (1) revenue or gains that have been deferred because it is probable such amounts will be credited to customers through future regulated rates or (2) billings in advance of expenditures for approved regulatory programs.  In addition to the regulatory assets and liabilities that are specifically disclosed on the face of the balance sheets, the tables below provide detail of “Other regulatory assets” and “Other regulatory liabilities” that are included on Entergy’s and the Registrant Subsidiaries’ balance sheets as of December 31, 2024 and 2023 (as noted in footnotes to the tables, a portion of these regulatory assets and regulatory liabilities is classified as held for sale in the balance sheets as of December 31, 2024):Other Regulatory AssetsEntergy20242023 (In Millions)Pension & postretirement costs (Note 11 - Qualified Pension Plans, Other Postretirement Benefits, and Non-Qualified Pension Plans) (a)$1,387.6 $1,655.5 Asset retirement obligation - recovery dependent upon timing of decommissioning of nuclear units or shutdown of non-nuclear power plants and solar facilities (Note 9) (a)1,358.7 1,285.0 Removal costs (Note 9) 1,107.6 1,010.7 Storm damage costs, including hurricane costs - recovered through securitization and retail rates (Note 2 - Storm Cost Recovery Filings with Retail Regulators and Note 5 - Securitization Bonds)547.3 536.9 Qualified pension settlement cost deferral - recovered through June 2047 (Note 11 - Qualified Pension Settlement Cost)227.1 250.9 Retail rate deferrals - recovered through formula rates or rate riders as rates are redetermined by retail regulators195.1 248.6 Retired electric and gas meters - recovered through retail rates as determined by retail regulators (Note 2 - Retail Rate Proceedings)135.7 153.8 Deferred COVID-19 costs -