Entergy 2014 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2014 Entergy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 192

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192

(QWHUJ\&RUSRUDWLRQDQG6XEVLGLDULHV
1RWHVWR)LQDQFLDO6WDWHPHQWV
SRWHQWLDOFRVWVLGHQWLILHGLQWKH8WLOLW\RSHUDWLQJFRPSDQLHV¶SULRUILOLQJVLQ6HSWHPEHUDQG2FWREHU$KHDULQJ
ZDV KHOG LQ 0D\  WR TXDQWLI\ WKH HIIHFW RI UHSULFLQJ WKH RSSRUWXQLW\ VDOHV LQ DFFRUGDQFH ZLWK WKH )(5&V
GHFLVLRQ
,Q$XJXVW  WKH SUHVLGLQJ MXGJH LVVXHG DQ LQLWLDO GHFLVLRQ LQ WKH FDOFXODWLRQ SURFHHGLQJ  7KH LQLWLDO
GHFLVLRQFRQFOXGHVWKDWWKHPHWKRGRORJ\SURSRVHGE\WKH/36&UDWKHUWKDQWKHPHWKRGRORJLHVSURSRVHGE\(QWHUJ\
RUWKH)(5&6WDIIVKRXOGEHXVHGWRFDOFXODWHWKHSD\PHQWVWKDW(QWHUJ\$UNDQVDVLVWR PDNHWRWKHRWKHU8WLOLW\
RSHUDWLQJFRPSDQLHV7KHLQLWLDOGHFLVLRQDOVRFRQFOXGHVWKDWWKHRWKHU6\VWHP$JUHHPHQWVHUYLFHVFKHGXOHVVKRXOG
QRW EH DGMXVWHG DQG WKDW SD\PHQWV E\ (QWHUJ\ $UNDQVDV VKRXOG QRW EH UHIOHFWHG LQ WKH URXJK SURGXFWLRQ FRVW
HTXDOL]DWLRQEDQGZLGWKFDOFXODWLRQVIRUWKHDSSOLFDEOH\HDUV7KHLQLWLDOGHFLVLRQGRHVUHFRJQL]HWKDWWKH/36&¶V
PHWKRGRORJ\ ZRXOG UHVXOW LQ DQ LQHTXLWDEOH ZLQGIDOO WR WKH RWKHU 8WLOLW\ RSHUDWLQJ FRPSDQLHV DQG WKHUHIRUH
FRQFOXGHVWKDWDQ\SD\PHQWVE\(QWHUJ\$UNDQVDVVKRXOGEHUHGXFHGE\7KH/36&$36&&LW\&RXQFLODQG
)(5& VWDII ILOHG EULHIV RQ H[FHSWLRQV DQGRU EULHIV RSSRVLQJ H[FHSWLRQV  (QWHUJ\ ILOHG D EULHI RQ H[FHSWLRQV
UHTXHVWLQJ WKDW )(5& UHYHUVH WKH LQLWLDO GHFLVLRQ DQG D EULHI RSSRVLQJ FHUWDLQ H[FHSWLRQV WDNHQ E\ WKH /36& DQG
)(5&VWDII7KH)(5&VUHYLHZRIWKHLQLWLDOGHFLVLRQLVSHQGLQJ1RSD\PHQWVZLOOEHPDGHRUUHFHLYHGE\WKH
8WLOLW\ RSHUDWLQJ FRPSDQLHV XQWLO WKH )(5& LVVXHV DQ RUGHU UHYLHZLQJ WKH LQLWLDO GHFLVLRQ DQG (QWHUJ\ VXEPLWV D 
VXEVHTXHQWILOLQJWRFRPSO\ZLWKWKDWRUGHU

Storm Cost Recovery Filings with Retail Regulators
Entergy Arkansas
(QWHUJ\$UNDQVDV'HFHPEHU:LQWHU6WRUP
,Q'HFHPEHUDVHYHUHZLQWHUVWRUPFRQVLVWLQJRILFHVQRZDQGKLJKZLQGVFDXVHGVLJQLILFDQWGDPDJH
WR(QWHUJ\$UNDQVDVV GLVWULEXWLRQOLQHV HTXLSPHQW SROHV DQGRWKHU IDFLOLWLHV7RWDOUHVWRUDWLRQFRVWV IRU WKHUHSDLU
DQGRU UHSODFHPHQW RI (QWHUJ\ $UNDQVDVV HOHFWULFDO IDFLOLWLHV LQ DUHDV GDPDJHG IURP WKH ZLQWHU VWRUP ZHUH 
PLOOLRQ LQFOXGLQJ FRVWV UHFRUGHG DV UHJXODWRU\ DVVHWV RI DSSUR[LPDWHO\PLOOLRQ,QWKH(QWHUJ\$UNDQVDV
UDWH FDVH WKH$36& DSSURYHG LQFOXVLRQ RI WKH FRQVWUXFWLRQ VSHQGLQJ LQ UDWH EDVH DQG DSSURYHG DQ LQFUHDVH LQ WKH
QRUPDOVWRUPFRVWDFFUXDOZKLFKZLOOHIIHFWLYHO\DPRUWL]HWKHUHJXODWRU\DVVHWRYHUDILYH\HDUSHULRG
Entergy Gulf States Louisiana and Entergy Louisiana
+XUULFDQH,VDDF
,Q $XJXVW  +XUULFDQH ,VDDF FDXVHG H[WHQVLYH GDPDJH WR SRUWLRQV RI (QWHUJ\¶V VHUYLFH DUHD LQ
/RXLVLDQD DQG WR D OHVVHU H[WHQW LQ 0LVVLVVLSSL DQG$UNDQVDV 7KH VWRUP UHVXOWHG LQ ZLGHVSUHDG SRZHU RXWDJHV
VLJQLILFDQW GDPDJH SULPDULO\ WR GLVWULEXWLRQ LQIUDVWUXFWXUH DQG WKH ORVV RI VDOHV GXULQJ WKH SRZHU RXWDJHV ,Q
-DQXDU\  (QWHUJ\ *XOI 6WDWHV /RXLVLDQD DQG (QWHUJ\ /RXLVLDQD GUHZ  PLOOLRQ DQG  PLOOLRQ
UHVSHFWLYHO\ IURPWKHLU IXQGHGVWRUPUHVHUYH HVFURZ DFFRXQWV,Q$SULO (QWHUJ\*XOI6WDWHV /RXLVLDQD DQG
(QWHUJ\/RXLVLDQDILOHGDMRLQWDSSOLFDWLRQZLWKWKH/36&UHODWLQJ WR +XUULFDQH ,VDDF V\VWHP UHVWRUDWLRQ 
FRVWV 6SHFLILFDOO\ (QWHUJ\ *XOI 6WDWHV /RXLVLDQD DQG (QWHUJ\ /RXLVLDQD UHTXHVWHG WKDW WKH /36& GHWHUPLQH WKH
DPRXQWRIVXFKFRVWVWKDWZHUHSUXGHQWO\LQFXUUHGDQGDUHWKXVHOLJLEOHIRUUHFRYHU\IURPFXVWRPHUV,QFOXGLQJ
FDUU\LQJFRVWVDQGDGGLWLRQDOVWRUPHVFURZIXQGVIRUSULRUVWRUPV(QWHUJ\*XOI6WDWHV/RXLVLDQDUHTXHVWHGDQ/36&
GHWHUPLQDWLRQ WKDW  PLOOLRQ LQ V\VWHP UHVWRUDWLRQ FRVWV ZHUH SUXGHQWO\ LQFXUUHG DQG (QWHUJ\ /RXLVLDQD
UHTXHVWHGDQ/36&GHWHUPLQDWLRQWKDWPLOOLRQLQV\VWHPUHVWRUDWLRQ FRVWV ZHUHSUXGHQWO\ LQFXUUHG ,Q 0D\
 (QWHUJ\ *XOI 6WDWHV /RXLVLDQD (QWHUJ\ /RXLVLDQD DQG WKH /RXLVLDQD 8WLOLWLHV 5HVWRUDWLRQ &RUSRUDWLRQ
/85&DQLQVWUXPHQWDOLW\RIWKH6WDWHRI/RXLVLDQDILOHGZLWKWKH/36&DQDSSOLFDWLRQUHTXHVWLQJWKDWWKH/36&
JUDQW ILQDQFLQJ RUGHUV DXWKRUL]LQJ WKH ILQDQFLQJ RI (QWHUJ\ *XOI 6WDWHV /RXLVLDQDV DQG (QWHUJ\ /RXLVLDQDV VWRUP
FRVWV VWRUPUHVHUYHVDQGLVVXDQFHFRVWVSXUVXDQWWR$FWRIWKH/RXLVLDQD5HJXODU6HVVLRQRI/RXLVLDQD
$FW   7KH /36& 6WDII ILOHG GLUHFW WHVWLPRQ\ LQ 6HSWHPEHU  FRQFOXGLQJ WKDW +XUULFDQH ,VDDF V\VWHP
UHVWRUDWLRQ FRVWV LQFXUUHG E\ (QWHUJ\ *XOI 6WDWHV /RXLVLDQD DQG (QWHUJ\ /RXLVLDQD ZHUH UHDVRQDEOH DQG SUXGHQW
VXEMHFW WR SURSRVHG PLQRU DGMXVWPHQWV ZKLFK WRWDOHG DSSUR[LPDWHO\  RI HDFK FRPSDQV FRVWV  )ROORZLQJ DQ
HYLGHQWLDU\KHDULQJDQGUHFRPPHQGDWLRQVE\WKH$/-WKH/36&YRWHGLQ-XQHWRDSSURYHD VHULHVRIRUGHUV
