Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 353

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 353
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 to expenses of $151.5 million ($110.7 million net-of-tax), recorded in second quarter 2024, primarily consisting of regulatory charges to reflect the effects of an agreement in principle between Entergy Louisiana and the LPSC staff and the intervenors in July 2024 to renew Entergy Louisiana’s formula rate plan and resolve a number of other retail dockets and matters, including all formula rate plan test years prior to 2023.  Also contributing to the increase was higher other income.  The increase was partially offset by higher depreciation and amortization expenses and higher interest expense.  See Note 2 to the financial statements in the Form 10-K for discussion of the agreement in principle and the subsequently filed global stipulated settlement agreement.

Six Months Ended June 30, 2025 Compared to Six Months Ended June 30, 2024

Net income increased $240.5 million primarily due to expenses of $151.5 million ($110.7 million net-of-tax), recorded in second quarter 2024, primarily consisting of regulatory charges to reflect the effects of an agreement in principle between Entergy Louisiana and the LPSC staff and the intervenors in July 2024 to renew Entergy Louisiana’s formula rate plan and resolve a number of other retail dockets and matters, including all formula rate plan test years prior to 2023.  Also contributing to the increase were higher other income, higher volume/weather, and higher retail electric price.  The increase was partially offset by higher depreciation and amortization expenses and higher interest expense.  See Note 2 to the financial statements in the Form 10-K for discussion of the agreement in principle and the subsequently filed global stipulated settlement agreement.

Operating Revenues

Second Quarter 2025 Compared to Second Quarter 2024

Following is an analysis of the change in operating revenues comparing the second quarter 2025 to the second quarter 2024:

Amount(In Millions)2024 operating revenues$1,276.1 Fuel, rider, and other revenues that do not significantly affect net income221.8 Retail electric price11.6 Volume/weather0.6 2025 operating revenues$1,510.1 

Entergy Louisiana’s results include revenues from rate mechanisms designed to recover fuel, purchased power, and other costs such that the revenues and expenses associated with these items generally offset and do not affect net income.  “Fuel, rider, and other revenues that do not significantly affect net income” includes the revenue variance associated with these items