Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 52

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 3
Chunk 52
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)($73,769)

See Note 4 to the financial statements in the Form 10-K for a description of the money pool.

130

Table of ContentsEntergy Mississippi, LLC and SubsidiariesManagement’s Financial Discussion and Analysis

Entergy Mississippi has a credit facility in the amount of $300 million scheduled to expire in June 2030.  The credit facility includes fronting commitments for the issuance of letters of credit against $5 million of the borrowing capacity of the facility.  As of June 30, 2025, there were no cash borrowings and no letters of credit outstanding under the credit facility.  In addition, Entergy Mississippi is a party to two uncommitted letter of credit facilities as a means to post collateral to support its obligations to MISO and for other purposes.  As of June 30, 2025, $46.0 million in MISO letters of credit and $1.3 million in non-MISO letters of credit were outstanding under one of Entergy Mississippi’s uncommitted letter of credit facilities.  See Note 4 to the financial statements herein for additional discussion of the credit facilities.

New Advanced Power Station 

Entergy Mississippi plans to construct, own, and operate a 754 MW combined cycle combustion turbine facility to be located in the City of Ridgeland, Madison County, Mississippi.  The facility will be powered primarily by natural gas, and it will also be enabled for future carbon capture and storage and for hydrogen co-firing optionality.  The project is expected to cost in excess of $1 billion.  The facility is expected to be in service in 2029.

State and Local Rate Regulation and Fuel-Cost Recovery

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS - State and Local Rate Regulation and Fuel-Cost Recovery” in the Form 10-K for a discussion of state and local rate regulation and fuel-cost recovery.  The following are updates to that discussion.

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year also to be within the formula rate plan bandwidth.  The 2025 test year filing showed an earned return on rate base of 7.64% and reflected no change