Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 344

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 344
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 facility to be located at the existing Lake Catherine facility site in Hot Spring County, Arkansas.  In December 2024 other parties, including the APSC general staff, filed testimony opposing the resource, although the APSC general staff recognized the capacity need for the resource.  Entergy Arkansas filed testimony in January 2025 further supporting its application, and in February 2025 the opposing parties filed responsive rebuttal testimony continuing to dispute the estimated costs and to dispute that Entergy Arkansas performed a market solicitation sufficient to demonstrate that this resource is the most reasonable option for customers.  Also in February 2025, Entergy Arkansas filed surrebuttal testimony responding to the opposing parties’ testimony.  A hearing was held in March 2025, and in April 2025 the APSC issued an order approving certification of the facility.  The order also provided a presumption of prudence finding with respect to a benchmark project cost.  In May 2025, Entergy Arkansas filed a motion for clarification concerning the appropriate calculation of the benchmark.  Entergy Arkansas will have the opportunity to later present all actual costs to the APSC for review and a prudence determination, including costs incremental to the benchmark.  The facility is expected to be in service by the end of 2028.

Jefferson Power Station

Entergy Arkansas expects to file an application with the APSC in third quarter 2025 seeking a certificate of environmental compatibility and public need for the construction and operation of Jefferson Power Station, an approximately 754 MW natural gas-fired combined cycle combustion turbine facility.  Subject to receipt of required regulatory approval and other conditions, the facility is expected to be in service by the end of 2029.

State and Local Rate Regulation and Fuel-Cost Recovery

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS – State and Local Rate Regulation and Fuel-Cost Recovery” in the Form 10-K for a discussion of state and local rate regulation and fuel-cost recovery.  The following are updates to that discussion.

Retail Rates

2025 Formula Rate Plan Filing 

In July 2025, Entergy Arkansas filed with the APSC its 2025 formula rate plan filing to set its formula rate for the 2026 calendar year.   The filing contained an evaluation of Entergy Arkansas’s earnings for the 2026 

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Table of ContentsEntergy Arkansas, LLC and SubsidiariesManagement's Financial Discussion and Analysis

projected year and a netting adjustment for the