Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 155

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 4
Chunk 155
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,132)(2,132)Common equity distributions— (458,750)— (458,750)Distributions to LURC(319)— — (319)Other— (12)— (12)Balance at June 30, 2025$42,996 $11,560,886 $50,555 $11,654,437 See Notes to Financial Statements.

124

ENTERGY MISSISSIPPI, LLC AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Results of Operations

Net Income

Second Quarter 2025 Compared to Second Quarter 2024

Net income increased $4.7 million primarily due to higher retail electric price and higher other income, partially offset by higher other operation and maintenance expenses and higher interest expense.

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

Net income increased $24.1 million primarily due to higher retail electric price, higher other income, and higher volume/weather.  The increase was partially offset by higher other operation and maintenance expenses, a regulatory charge, recorded in the first quarter 2025, to reflect an adjustment to the grid modernization over/under recovery deferral balance, and higher interest expense.

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$442.9 Fuel, rider, and other revenues that do not significantly affect net income35.2 Retail electric price14.1 Volume/weather(0.3)2025 operating revenues$491.9 

Entergy Mississippi’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.

The retail electric price variance is primarily due to an increase in formula rate plan rates effective July 2024 and an increase in the interim facilities rate adjustment revenues effective January 2025.  See Note 2 to the financial statements in the Form 10-K for discussion of the 2024 formula rate plan filing, and see Note 2 to the financial statements herein for discussion of the interim facilities rate