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{{Short description|Fortune 500 integrated energy company}} | |||
{{Refimprove|date=June 2007}} | |||
{{Infobox company | |||
]'''Entergy Corporation''' {{nyse|ETR}} is an integrated energy company engaged primarily in electric power productions and retail distribution operations. Entergy owns and operates and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.6 million utility customers in ], ], ], and ]. Entergy has annual revenues of more than $10 billion and approximately 14,500 employees(2006 Annual Report). Corporate headquarters is located in ]. | |||
| name = Entergy Corporation | |||
| logo = Entergy 2022.svg | |||
| type = ] | |||
| traded_as = {{ubl|{{NYSE|ETR}}|] component}} | |||
| genre = | |||
| founded = {{Start date and age|1913}}<ref name="Entergy Turns 100">{{cite web|url=http://www.entergy.com/about_entergy/anniversary100.aspx|title=Entergy - 100 Year Anniversary|website=www.entergy.com|access-date=15 April 2018|archive-url=https://web.archive.org/web/20181125115606/http://www.entergy.com/about_entergy/anniversary100.aspx|archive-date=25 November 2018|url-status=dead}}</ref> | |||
| location_city = | |||
| location_country = | |||
| hq_location = ]<br>], U.S.<!--modifies “Headquarters” entry--> | |||
| key_people = Andrew “Drew” Marsh<br />(Chair and CEO) | |||
| area_served = ], ], ] and ] | |||
| industry = ] | |||
| products = | |||
| services = Electricity (and natural gas in New Orleans and Baton Rouge) | |||
| revenue = {{down}} {{US$|10.113 billion|link=yes}} (Fiscal Year Ended 2020)<ref name=AnnualR2020>{{Cite web|url=https://entergycorporation.gcs-web.com/static-files/2d307ed1-54d2-45fc-b1a3-2efc9f2e00bd|title=Entergy 2020 Annual Report|website=Entergy|language=en-US|access-date=2021-04-30|archive-date=2021-06-02|archive-url=https://web.archive.org/web/20210602213218/https://entergycorporation.gcs-web.com/static-files/2d307ed1-54d2-45fc-b1a3-2efc9f2e00bd|url-status=dead}}</ref> | |||
| operating_income = {{gain}} US$1.769 billion (Fiscal Year Ended 2020)<ref name=AnnualR2020></ref> | |||
| net_income = {{gain}} US$1.406 billion (Fiscal Year Ended 2020)<ref name=AnnualR2020></ref> | |||
| assets = {{gain}} US$58.239 billion (Fiscal Year Ended 2020)<ref name=AnnualR2020></ref> | |||
| equity = {{gain}} US$10.961 billion (Fiscal Year Ended 2020)<ref name=AnnualR2020></ref> | |||
| num_employees = 12,177<ref>{{Cite web|url=https://s201.q4cdn.com/714390239/files/doc_financials/2023/ar/2023-form-10-k.pdf|title=Entergy Form 10-K|website=Entergy Investor Relations|language=en-US|access-date=2024-11-25}}</ref> | |||
| num_employees_year = 2023 | |||
| parent = | |||
| divisions = | |||
| subsid = | |||
| owner = | |||
| website = {{url|https://www.entergy.com|entergy.com}} | |||
| footnotes = | |||
}} | |||
'''Entergy Corporation''' is a ] integrated energy company engaged in ] and retail distribution operations in the ] of the ]. Entergy is headquartered in ],<ref>{{cite web|title=Entergy Corporation|url=http://topics.nytimes.com/top/news/business/companies/entergy_corporation/index.html|website=NY Times|access-date=15 January 2016}}</ref> and generates and distributes electric power to 3 million customers in ], ], ] and ]. Entergy has approximately 24,000 megawatts of electric generating capacity, annual revenues of $11 billion and employs more than 12,000 people.<ref>{{cite web|title=About Entergy|url=https://www.entergy.com/about/|website=Entergy|access-date=15 August 2024}}</ref> | |||
'''Entergy''' has three main operating segments: | |||
==History== | |||
* The ''U.S. Utility'' segment provides retail electricity services to approximately 2.6 million customers in ],], ], and ]. | |||
Entergy traces its history to November 13, 1913, with the formation of Arkansas Power Company. Founder ] used sawdust from a lumber company to bring electricity to rural Arkansas. In the 1920s, Couch set his sights on buying electric companies in other states. In 1923, he merged four independent companies in Mississippi into Mississippi Power and Light. Two years later, he formed Louisiana Power and Light to provide power to his Mississippi customers from northern Louisiana's natural gas fields.<ref name="Entergy Turns 100"/> | |||
Meanwhile, in 1922, the ] (EBASCO, a subsidiary of ]) under Sidney Z. Mitchell merged several competing streetcar and electric utilities into ]. Mitchell began turning his attention to other territories, and eventually began competing with Couch. The two men ultimately decided to merge their resources. In 1925, Electric Power and Light Corporation was formed, an EBASCO subsidiary headquartered in New Orleans, with Couch as its president. It was the parent company for Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service, and Arkansas Power and Light.<ref name="Entergy Turns 100"/> | |||
* The ''Non-Utility Nuclear'' segment operates a total of ten ] in ] (] and ]), ] (]), ] (]), ] (]), ] (]), Louisiana (] and ]), and Mississippi (]). Entergy Nuclear also provides support services for the ] through 2014. Entergy is the second largest nuclear power generator in the ] after ]. | |||
EBASCO fought the constitutionality of the ], losing ], and was ordered dissolved under the provisions of that act in 1949. Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service and Arkansas Power and Light were deemed to be an integrated system, and were reorganized under the control of a new holding company, Middle South Utilities.<ref name="Entergy Turns 100"/> It changed its name to Entergy in 1989, and merged/bought Gulf States Utilities, based in ], as of 12:00 midnight, January 1, 1994. | |||
In the late 1990s, Entergy pursued a strategy of global expansion into unregulated markets, acquiring substantial facilities in Australia, Argentina, and the United Kingdom. Shareholder dissatisfaction with the results of this strategy led to a shakeup of management, culminating with the ouster of longtime CEO Ed Lupberger in 1998. Lupberger was replaced by Wayne Leonard, formerly of ], who supervised the company's disinvestment from overseas holdings. | |||
== '''History''' == | |||
Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1925. After ] hit the city of New Orleans in August 2005, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including ], ], and ]. In April 2006, the company began moving back into its New Orleans headquarters.<ref>" {{Webarchive|url=https://web.archive.org/web/20110710194138/http://www.entergy.com/News_Room/newsrelease.aspx?NR_ID=827 |date=2011-07-10 }}." Entergy. April 20, 2006. Retrieved on January 21, 2010.</ref> | |||
For complete company history, please visit the Entergy Corp. website by clicking on the link below. | |||
* | |||
In 2011, Entergy and ], an ] charging station maker, began to donate free electric vehicle charging stations at 16 sites at college campuses in the southern U.S. Its first installation was at ] in ], and is free to use for faculty and students. | |||
==Entergy Companies== | |||
In 2013, Entergy joined the ] (MISO) as is southern region following an Department of Justice investigation into the company's anti-competitive behavior. By joining MISO rather than the ], Entergy's service areas have limited interconnection to the remainder of the ], which reduces flow of cheaper electricity into the area.<ref name=":0">{{Cite web |last=Zullo |first=Robert |date=2024-03-30 |title=In the central U.S., an electric grid bottleneck persists • Iowa Capital Dispatch |url=https://iowacapitaldispatch.com/2024/03/30/in-the-central-u-s-an-electric-grid-bottleneck-persists/ |access-date=2024-04-02 |website=Iowa Capital Dispatch |language=en-US}}</ref> With a ] business model, Entergy makes money by constructing power plants, reducing the company's incentive to build transmission connecting it to other regions. Experts state these capacity contraints result in higher profits for the company at the expense of customers and lower reliability, such as rolling blackouts during ] in 2021.<ref name=":0" /> | |||
To find out more about Entergy's companies, please visit Entergy's company Web sites by clicking on the links below. | |||
==Subsidiaries== | |||
* | |||
* Entergy Arkansas (formerly Arkansas Power and Light Company (AP&L)) | |||
* | |||
* Entergy Louisiana (formerly ] (LP&L)) | |||
* | |||
** Entergy Gulf States Louisiana (formerly the Louisiana operations of Gulf States Utilities (GSU)) was merged into Entergy Louisiana in 2015.<ref>{{cite news|title=Entergy wins approval to merge Louisiana utilities|url=https://www.nola.com/news/business/article_6400d916-de2a-5631-bc80-edf0eff55e3d.html|access-date=27 July 2019|publisher=The Times-Picayune}}</ref> | |||
* | |||
* ] (formerly New Orleans Public Service, Inc. (NOPSI)) | |||
* | |||
* |
* Entergy Nuclear | ||
* Entergy Mississippi (formerly Mississippi Power and Light Company (MP&L)) | |||
* Entergy Texas (formerly the Texas operations of Gulf States Utilities (GSU)) | |||
==Former subsidiary company logos== | |||
Prior to the use of the current Entergy logo, each subsidiary had its own distinctive logo. Upon the renaming of the company from Middle South Utilities System to Entergy, the present logo was adopted. | |||
Louisiana Power and Light Company, for example (today's Entergy Louisiana) used the logo shown at right extensively from about 1967 to 1989, on buildings equipment, and advertising. Each of Middle South Utilities' subsidiaries used similar-styled logos | |||
<gallery class="center" widths="190" heights="190"> | |||
File:LP&L Logo.png|LP&L (1967–1989) | |||
File:Entergy logo.svg|Entergy (1989–2022) | |||
File:Entergy 2022.svg|Entergy (2022–present) | |||
</gallery> | |||
==Operations== | ==Operations== | ||
Entergy's service territory includes the southeast corner of Louisiana and the cities of Lafayette and Baton Rouge, the eastern three-fourths of ] and the western half of ]. It also includes part of southeastern ], including the Beaumont-Port Arthur-Orange and Conroe-Woodlands-Kingwood areas. | |||
A member of the ],<ref name="Entergy">{{Cite web|url=http://fortune.com/fortune500/entergy/|title=Entergy|website=Fortune|language=en-US|access-date=2018-11-25|archive-date=2018-11-25|archive-url=https://web.archive.org/web/20181125170906/http://fortune.com/fortune500/entergy/|url-status=dead}}</ref> Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest ] generator in the United States after ].{{Verify source|date=May 2017}} It had annual revenues of more than $11 billion in 2010 and approximately 15,000 employees.{{Verify source|date=May 2017}} | |||
Entergy serves 2.7 million utility customers across four states- Arkansas, Louisiana, Mississippi and Texas. Entergy operates over 40 plants using natural, nuclear, coal, oil and hydroelectric power with approximately 30,000 megawatts of electric generating capacity. | |||
Entergy's main operating segments consist of the U.S. utility segment and the non-utility nuclear segment. The U.S. utility segment provides retail electricity services to approximately 2.9 million customers in Arkansas, Louisiana, Mississippi, and Texas. The non-utility nuclear segment owns and operates a total of six ], and provided support services to one:<ref>{{cite web |title=Nuclear Sites |url=https://www.entergy-nuclear.com/nuclear-sites/ |website=entergy-nuclear.com |publisher=Entergy |access-date=25 June 2021}}</ref><ref name=about-us>{{cite web |title=About Us |url=https://www.entergy.com/about_entergy/ |website=entergy.com |publisher=Entergy |access-date=25 June 2021}}</ref> | |||
Entergy's extensive transmission system carries approximately 23,000 megawatts of power across more than 15,500 miles of interconnected lines within a 112,000 square-mile area.<ref> http://www.entergy.com/operations_information/ </ref> | |||
*] – ] (closed in spring of 2022)<ref>{{Cite web|url=http://www.palisadespower.com/entergy-to-continue-operating-palisades-power-plant-until-spring-2022/|title=Entergy to Continue Operating Palisades Power Plant Until Spring 2022|website=palisadespower.com|publisher=Palisades Power/Entergy|access-date=13 March 2018}}</ref> | |||
*Arkansas – ] | |||
*Louisiana – ] and ] | |||
*Mississippi – ] | |||
*] – support services for the ] through 2014, terminated in 2022. | |||
The company's nuclear division is headquartered in ].<ref name=about-us/> | |||
Entergy operates more than 40 plants using ], ], ], ] and ] with approximately 30,000 megawatts of electric generating capacity to serve its 2.9 million customers in the ].<ref name=ops-info>{{cite web|url=https://www.entergy.com/operations-information/|title=Entergy - Operations Information|website=www.entergy.com|access-date=27 August 2019}}</ref> Its extensive transmission system carries approximately 30,000 megawatts of power across more than {{convert|15700|mi|km}} of interconnected lines within a {{convert|114000|sqmi|km2|adj=on}} area.<ref name=ops-info/> | |||
Entergy is the only U.S. utility to make the Dow Jones Sustainability Index (DJSI) nine years in a row. The DJSI is a listing of the companies whose overall environmental, social and economic sustainability performance scores were in the top 10 percent for their sector.<ref>{{Cite web |url=http://www.sustainability-indexes.com/07_htmle/sustainability/corpsustainability.html |title=Dow Jones Corporate Sustainability |access-date=2008-07-07 |archive-url=https://web.archive.org/web/20080820164530/http://www.sustainability-indexes.com/07_htmle/sustainability/corpsustainability.html |archive-date=2008-08-20 |url-status=dead }}</ref><ref>{{cite web|url=http://integratedreport.entergy.com/home.php|title=Entergy - 2018 Integrated Report|website=www.entergy.com|access-date=21 June 2019}}</ref> Entergy was named in 2008 to '']'' list of ''America's Most Trustworthy Companies'', a ranking based on corporate governance practices and accounting transparency.<ref>{{cite web|url=https://www.forbes.com/2008/03/27/companies-accounting-governance-lead_0327large.html|title=Full List: The Most Trustworthy Large-Cap Companies|first=John J.|last=Ray|website=forbes.com|access-date=15 April 2018}}</ref> | |||
On February 24, 2010, the ] voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant <ref>{{cite web|url=http://www.safecleanreliable.com|title=VY Decommissioning|website=www.safecleanreliable.com|access-date=15 April 2018}}</ref> to have its license renewed for another 20 years. The vote will not affect current operation of the plant, and the issue could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011. | |||
{{seealso|Effect of Hurricane Katrina on New Orleans}} | |||
=== Entergy Texas === | |||
Entergy Texas operates as a wholly owned subsidiary. This was done to prepare the Texas side for de-regulation under Texas law, but Entergy later notified the ] that it would not split off the Texas side as a de-regulated operation. Because of this, the Texas side remains connected to the Entergy network; until 2012, it was based on where the former Gulf States Utilities was in Beaumont. Entergy Texas has since moved its operations to The Woodlands.{{Citation needed|date=August 2024}} | |||
==New Orleans gas plant astroturf scandal== | |||
In May of 2018, Entergy New Orleans was embroiled in a scandal surrounding its controversial proposal for a natural gas power plant in East New Orleans.<ref>{{cite web|title=City Council approves construction of controversial Entergy plant in New Orleans East|url=https://wgno.com/2018/03/08/city-council-approves-construction-of-controversial-entergy-plant-in-new-orleans-east/|website=WGNO|access-date=18 May 2018|date=8 March 2018}}</ref> An Entergy subcontractor used ] to artificially lobby council support for the gas plant.<ref>{{cite web|last1=Evans|first1=Beau|title=New Orleans City Council could subpoena Entergy for info on paid actors|url=http://www.nola.com/politics/index.ssf/2018/05/entergy_city_council_subpoenas.html|archive-url=https://web.archive.org/web/20180517011046/http://www.nola.com/politics/index.ssf/2018/05/entergy_city_council_subpoenas.html|url-status=dead|archive-date=May 17, 2018|website=NOLA.com|access-date=18 May 2018}}</ref> The ] ended up fining Entergy New Orleans $5 million for this paid actors scandal.<ref>{{Cite web|last=Times-Picayune|first=Kevin Litten, NOLA com {{!}} The|title=City Council votes to fine Entergy $5 million for paid actors scandal|url=https://www.nola.com/news/business/article_9c30e180-90ca-5f60-ae0e-ecfd14b7c42d.html|access-date=2020-10-11|website=NOLA.com|date=31 October 2018 |language=en}}</ref> | |||
==See also== | |||
{{Portal|Companies}} | |||
*], now known as the Entergy Building | |||
==References== | ==References== | ||
{{reflist}} | |||
<references/> | |||
* | |||
{{FootnotesSmall|resize={{{1|100%}}}}} | |||
==External links== | ==External links== | ||
* |
*{{Official|https://www.entergy.com}} | ||
* | |||
{{Finance links | |||
| name = Entergy Corporation | |||
| symbol = ETR | |||
| sec_cik = 65984 | |||
| yahoo = ETR | |||
| google = ETR:NYSE | |||
}} | |||
{{Authority control}} | |||
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Latest revision as of 13:33, 13 December 2024
Fortune 500 integrated energy companyCompany type | Public |
---|---|
Traded as | |
Industry | Energy industry |
Founded | 1913; 112 years ago (1913) |
Headquarters | Entergy Tower New Orleans, Louisiana, U.S. |
Area served | Arkansas, Louisiana, Mississippi and Texas |
Key people | Andrew “Drew” Marsh (Chair and CEO) |
Services | Electricity (and natural gas in New Orleans and Baton Rouge) |
Revenue | US$10.113 billion (Fiscal Year Ended 2020) |
Operating income | US$1.769 billion (Fiscal Year Ended 2020) |
Net income | US$1.406 billion (Fiscal Year Ended 2020) |
Total assets | US$58.239 billion (Fiscal Year Ended 2020) |
Total equity | US$10.961 billion (Fiscal Year Ended 2020) |
Number of employees | 12,177 (2023) |
Website | entergy.com |
Entergy Corporation is a Fortune 500 integrated energy company engaged in electric power production and retail distribution operations in the Deep South of the United States. Entergy is headquartered in New Orleans, Louisiana, and generates and distributes electric power to 3 million customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has approximately 24,000 megawatts of electric generating capacity, annual revenues of $11 billion and employs more than 12,000 people.
History
Entergy traces its history to November 13, 1913, with the formation of Arkansas Power Company. Founder Harvey C. Couch used sawdust from a lumber company to bring electricity to rural Arkansas. In the 1920s, Couch set his sights on buying electric companies in other states. In 1923, he merged four independent companies in Mississippi into Mississippi Power and Light. Two years later, he formed Louisiana Power and Light to provide power to his Mississippi customers from northern Louisiana's natural gas fields.
Meanwhile, in 1922, the Electric Bond and Share Company (EBASCO, a subsidiary of General Electric) under Sidney Z. Mitchell merged several competing streetcar and electric utilities into New Orleans Public Service. Mitchell began turning his attention to other territories, and eventually began competing with Couch. The two men ultimately decided to merge their resources. In 1925, Electric Power and Light Corporation was formed, an EBASCO subsidiary headquartered in New Orleans, with Couch as its president. It was the parent company for Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service, and Arkansas Power and Light.
EBASCO fought the constitutionality of the Public Utility Holding Company Act of 1935, losing a Supreme Court case in 1938, and was ordered dissolved under the provisions of that act in 1949. Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service and Arkansas Power and Light were deemed to be an integrated system, and were reorganized under the control of a new holding company, Middle South Utilities. It changed its name to Entergy in 1989, and merged/bought Gulf States Utilities, based in Beaumont, Texas, as of 12:00 midnight, January 1, 1994.
In the late 1990s, Entergy pursued a strategy of global expansion into unregulated markets, acquiring substantial facilities in Australia, Argentina, and the United Kingdom. Shareholder dissatisfaction with the results of this strategy led to a shakeup of management, culminating with the ouster of longtime CEO Ed Lupberger in 1998. Lupberger was replaced by Wayne Leonard, formerly of Cinergy, who supervised the company's disinvestment from overseas holdings.
Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1925. After Hurricane Katrina hit the city of New Orleans in August 2005, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including Clinton, Mississippi, Little Rock, Arkansas, and The Woodlands, Texas. In April 2006, the company began moving back into its New Orleans headquarters.
In 2011, Entergy and Coulomb Technologies, an electric vehicle charging station maker, began to donate free electric vehicle charging stations at 16 sites at college campuses in the southern U.S. Its first installation was at Louisiana State University in Baton Rouge, and is free to use for faculty and students.
In 2013, Entergy joined the Midcontinent Independent System Operator (MISO) as is southern region following an Department of Justice investigation into the company's anti-competitive behavior. By joining MISO rather than the Southwest Power Pool, Entergy's service areas have limited interconnection to the remainder of the transmission organization, which reduces flow of cheaper electricity into the area. With a integrated power utility business model, Entergy makes money by constructing power plants, reducing the company's incentive to build transmission connecting it to other regions. Experts state these capacity contraints result in higher profits for the company at the expense of customers and lower reliability, such as rolling blackouts during Winter Storm Uri in 2021.
Subsidiaries
- Entergy Arkansas (formerly Arkansas Power and Light Company (AP&L))
- Entergy Louisiana (formerly Louisiana Power and Light Company (LP&L))
- Entergy Gulf States Louisiana (formerly the Louisiana operations of Gulf States Utilities (GSU)) was merged into Entergy Louisiana in 2015.
- Entergy New Orleans (formerly New Orleans Public Service, Inc. (NOPSI))
- Entergy Nuclear
- Entergy Mississippi (formerly Mississippi Power and Light Company (MP&L))
- Entergy Texas (formerly the Texas operations of Gulf States Utilities (GSU))
Former subsidiary company logos
Prior to the use of the current Entergy logo, each subsidiary had its own distinctive logo. Upon the renaming of the company from Middle South Utilities System to Entergy, the present logo was adopted.
Louisiana Power and Light Company, for example (today's Entergy Louisiana) used the logo shown at right extensively from about 1967 to 1989, on buildings equipment, and advertising. Each of Middle South Utilities' subsidiaries used similar-styled logos
Operations
Entergy's service territory includes the southeast corner of Louisiana and the cities of Lafayette and Baton Rouge, the eastern three-fourths of Arkansas and the western half of Mississippi. It also includes part of southeastern Texas, including the Beaumont-Port Arthur-Orange and Conroe-Woodlands-Kingwood areas.
A member of the Fortune 500, Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States after Exelon Corporation. It had annual revenues of more than $11 billion in 2010 and approximately 15,000 employees.
Entergy's main operating segments consist of the U.S. utility segment and the non-utility nuclear segment. The U.S. utility segment provides retail electricity services to approximately 2.9 million customers in Arkansas, Louisiana, Mississippi, and Texas. The non-utility nuclear segment owns and operates a total of six nuclear units, and provided support services to one:
- Michigan – Palisades Nuclear Generating Station (closed in spring of 2022)
- Arkansas – Arkansas Nuclear One Units 1 and 2
- Louisiana – River Bend Nuclear Generating Station and Waterford Nuclear Generating Station
- Mississippi – Grand Gulf Nuclear Generating Station
- Nebraska – support services for the Cooper Nuclear Station through 2014, terminated in 2022.
The company's nuclear division is headquartered in Jackson, Mississippi.
Entergy operates more than 40 plants using natural gas, nuclear, coal, oil and hydroelectric power with approximately 30,000 megawatts of electric generating capacity to serve its 2.9 million customers in the Gulf South. Its extensive transmission system carries approximately 30,000 megawatts of power across more than 15,700 miles (25,300 km) of interconnected lines within a 114,000-square-mile (300,000 km) area.
Entergy is the only U.S. utility to make the Dow Jones Sustainability Index (DJSI) nine years in a row. The DJSI is a listing of the companies whose overall environmental, social and economic sustainability performance scores were in the top 10 percent for their sector. Entergy was named in 2008 to Forbes list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.
On February 24, 2010, the Vermont Senate voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant to have its license renewed for another 20 years. The vote will not affect current operation of the plant, and the issue could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011.
Entergy Texas
Entergy Texas operates as a wholly owned subsidiary. This was done to prepare the Texas side for de-regulation under Texas law, but Entergy later notified the Public Utility Commission of Texas that it would not split off the Texas side as a de-regulated operation. Because of this, the Texas side remains connected to the Entergy network; until 2012, it was based on where the former Gulf States Utilities was in Beaumont. Entergy Texas has since moved its operations to The Woodlands.
New Orleans gas plant astroturf scandal
In May of 2018, Entergy New Orleans was embroiled in a scandal surrounding its controversial proposal for a natural gas power plant in East New Orleans. An Entergy subcontractor used Crowds on Demand to artificially lobby council support for the gas plant. The New Orleans City Council ended up fining Entergy New Orleans $5 million for this paid actors scandal.
See also
- Arkansas Power and Light Building, now known as the Entergy Building
References
- ^ "Entergy - 100 Year Anniversary". www.entergy.com. Archived from the original on 25 November 2018. Retrieved 15 April 2018.
- ^ "Entergy 2020 Annual Report". Entergy. Archived from the original on 2021-06-02. Retrieved 2021-04-30.
- "Entergy Form 10-K" (PDF). Entergy Investor Relations. Retrieved 2024-11-25.
- "Entergy Corporation". NY Times. Retrieved 15 January 2016.
- "About Entergy". Entergy. Retrieved 15 August 2024.
- "Entergy Corporate Headquarters Return to New Orleans Archived 2011-07-10 at the Wayback Machine." Entergy. April 20, 2006. Retrieved on January 21, 2010.
- ^ Zullo, Robert (2024-03-30). "In the central U.S., an electric grid bottleneck persists • Iowa Capital Dispatch". Iowa Capital Dispatch. Retrieved 2024-04-02.
- "Entergy wins approval to merge Louisiana utilities". The Times-Picayune. Retrieved 27 July 2019.
- "Entergy". Fortune. Archived from the original on 2018-11-25. Retrieved 2018-11-25.
- "Nuclear Sites". entergy-nuclear.com. Entergy. Retrieved 25 June 2021.
- ^ "About Us". entergy.com. Entergy. Retrieved 25 June 2021.
- "Entergy to Continue Operating Palisades Power Plant Until Spring 2022". palisadespower.com. Palisades Power/Entergy. Retrieved 13 March 2018.
- ^ "Entergy - Operations Information". www.entergy.com. Retrieved 27 August 2019.
- "Dow Jones Corporate Sustainability". Archived from the original on 2008-08-20. Retrieved 2008-07-07.
- "Entergy - 2018 Integrated Report". www.entergy.com. Retrieved 21 June 2019.
- Ray, John J. "Full List: The Most Trustworthy Large-Cap Companies". forbes.com. Retrieved 15 April 2018.
- "VY Decommissioning". www.safecleanreliable.com. Retrieved 15 April 2018.
- "City Council approves construction of controversial Entergy plant in New Orleans East". WGNO. 8 March 2018. Retrieved 18 May 2018.
- Evans, Beau. "New Orleans City Council could subpoena Entergy for info on paid actors". NOLA.com. Archived from the original on May 17, 2018. Retrieved 18 May 2018.
- Times-Picayune, Kevin Litten, NOLA com | The (31 October 2018). "City Council votes to fine Entergy $5 million for paid actors scandal". NOLA.com. Retrieved 2020-10-11.
{{cite web}}
: CS1 maint: multiple names: authors list (link)
External links
- Official website
- Energy Star
- Business data for Entergy Corporation: