Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 304

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 7
Chunk 304
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million of the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle.  In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing.  See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above.  In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost 

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits had been issued.  Credits to retail customers were completed in second quarter 2025, and the Grand Gulf credit rider was subsequently withdrawn.Generating Arkansas Jobs Act RiderIn March 2025 the State of Arkansas passed the Generating Arkansas Jobs Act of 2025, now Act 373 (Act 373), that authorizes the recovery of financing costs during construction of generation and transmission investments through a rider separate from the formula rate plan.  Act 373 also permits cost recovery of those investments, when completed and in service, either through the next general rate case proceeding or under the formula rate plan.  Act 373 streamlines and simplifies the regulatory approval process and provides increased timeliness and certainty of cost recovery.In July 2025, Entergy Arkansas submitted a tariff filing with the APSC requesting approval of a strategic investment recovery rider, consistent with the provisions of Act 373.  Entergy Arkansas requested the APSC issue an order approving the rider by October 2025.  A paper hearing was held in September and October 2025.  In October 2025 the APSC issued an order approving the proposed rider with several revisions, including elimination of an annual true-up adjustment, a change in cost allocation methodology, the removal of excess and deficient accumulated deferred income taxes to a separate rider, and the addition of reporting requirements.  As directed by the order, in October 2025, Entergy Arkansas made a compliance filing, which the APSC general staff must review by November 2025.Special Rate Contract and Arkansas Cypress SolarIn September 2025, Entergy Arkansas filed an application with the APSC seeking approval of a long-term special rate contract between Altitude, LLC, a subsidiary of Alphabet, Inc. (Google) and Entergy Arkansas