Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 24

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 3
Chunk 24
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 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 volume/weather variance is primarily due to an increase in industrial usage, partially offset by a decrease in weather-adjusted residential usage and the effect of less favorable weather on residential and 

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

commercial sales.  The increase in industrial usage is primarily due to an increase in demand from large industrial customers, primarily in the chlor-alkali and industrial gases 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.

The retail electric price variance is 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.  See Note 2 to the financial statements herein for discussion of the 2024 formula rate plan proceeding.

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

20252024% Change(GWh)Residential4,546 4,586 (1)Commercial3,297 3,295 — Industrial9,442 9,201 3 Governmental213 214 —   Total retail  17,498 17,296 1 Sales for resale:  Associated companies2,064 1,582 30   Non-associated companies257 531 (52)Total19,819 19,409 2 

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

Nine Months Ended September 30, 2025 Compared to Nine Months Ended September 30, 2024

Following is an analysis of the change in operating revenues comparing the nine months ended September 30, 2025 to the nine months ended September 30, 2024:

Amount(In Millions)2024