Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 412

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 412
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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.

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

The volume/weather variance is primarily due to an increase in industrial usage.  The increase in industrial usage is primarily due to an increase in demand from large industrial customers, primarily in the chlor-alkali, petroleum refining, industrial gases, and petrochemicals industries.

The effect of sale of natural gas distribution business variance represents the decrease in operating revenues resulting from the absence of natural gas revenues in third quarter 2025 as a result of the sale of the natural gas distribution business on July 1, 2025.  See Note 13 to the financial statements herein for discussion of the sale of Entergy Louisiana’s natural gas distribution business on July 1, 2025.

Retail electric price remained unchanged primarily due to a decrease in Entergy Louisiana's formula rate plan revenues for a two month period beginning in September 2025, resulting from earnings above the authorized return on common equity for the 2024 test year, offset by increases in Entergy Louisiana’s formula rate plan revenues, including an increase in the distribution recovery mechanism, effective September 2024 and from an interim rate adjustment effective March 2025.  See Note 2 to the financial statements herein and in the Form 10-K for discussion of the 2023 and 2024 formula rate plan proceedings.

Total electric energy sales for Entergy Louisiana for the nine months ended September 30, 2025 and 2024 are as follows:

20252024% Change(GWh)Residential11,299 11,094 2 Commercial8,615 8,550 1 Industrial27,159 25,669 6 Governmental611 631 (3)  Total retail  47,684 45,944 4 Sales for resale:  Associated companies5,045 4,322 17   Non-associated companies652 1,307 (50)Total53,381 51,573 4 

See Note 12 to the financial statements herein for additional discussion of Entergy Louisiana’s operating revenues.

Other Income Statement Variances

Third