Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 597

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 597
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 loss in excess of the primary level, regardless of proximity to the incident or fault, up to a maximum of approximately $165.9 million per reactor per incident (Entergy’s maximum total contingent obligation per incident is $829.6 million).  This retrospective premium is assessable at approximately $24.7 million per year per incident per nuclear power reactor.3.Total insurance coverage available is approximately $16.3 billion, among the primary ANI coverage and the Secondary Financial Protection program, to respond to a nuclear power plant accident that causes third-party damages (e.g., off-site property and environmental damage, off-site bodily injury, and on-site third-party bodily injury (i.e., contractors)).  These coverages also respond to an accident caused by terrorism.Entergy Arkansas and Entergy Louisiana each have two licensed reactors.  System Energy has one licensed reactor (10% of Grand Gulf is owned by a non-affiliated company (Cooperative Energy) that would share on a pro-rata basis in any retrospective premium assessment to System Energy under the Price-Anderson Act).Property InsuranceEntergy’s nuclear owner/licensee subsidiaries are members of NEIL, a mutual insurance company that provides property damage coverage, including decontamination and reactor stabilization, to the members’ nuclear generating plants.  The property damage insurance limits procured by Entergy for its nuclear plants are in compliance with the financial protection requirements of the NRC.  These coverage limits, deductibles, and weekly indemnity periods are subject to change based on results of NEIL loss control inspections.The nuclear plants’ (ANO 1 and 2, Grand Gulf, River Bend, and Waterford 3) property damage insurance limits are $1.06 billion per occurrence at each plant.   The property deductible is $20 million per site at the nuclear plants, except for earth movement, flood, and windstorm.  Property damage from earth movement is excluded from the first $500 million in coverage for all nuclear plants.  Property damage from flood is excluded from the first $500 million in coverage at ANO 1 and 2 and Grand Gulf.  Property damage from flood for Waterford 3 and River Bend includes a deductible of $10 million plus an additional 10% of the amount of the loss in excess of $10 million, up to a maximum deductible of $50 million.  Property damage from a windstorm for all of the nuclear plants 

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