Entergy 2015 Annual Report Download - page 24

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24
Clear vision, clear progress.
2015 Integrated Report
Utility
ECONOMIC
In 2015, the utility return on equity, normalizing for weather and tax items and excluding the
impact of regulatory charges, was 8.9 percent. This is below our average allowed return levels of
around 10 percent. With the expectations for load growth and cost management combined with
the regulatory outcomes to facilitate investment for our customers, we expect to significantly
close the gap to our average allowed return levels in the coming years.
ECONOMIC
On Oct. 1, 2015, Entergy Gulf States Louisiana and Entergy Louisiana combined into a single utility,
which is expected to provide up to $140 million in customer benefits over the first decade from improved
financial and operating structures, enhanced economic development efforts and reduced regulatory
costs. Entergy Louisiana also transferred its Algiers, Louisiana, assets and some 22,500 electric
customers in Orleans Parish to Entergy New Orleans. Electric service to all Orleans Parish customers
is now consolidated in one company, simplifying regulatory processes and making Entergy New
Orleans a larger company with greater financial flexibility and opportunities to generate long-term
customer savings through economies of scale.
ECONOMIC
ECONOMIC/ENVIRONMENTAL
Our targets for environmental charitable investments include acres of land restored or placed under
conservation, improved biodiversity and improved community resiliency and flood protection.
Between 2010 and 2015 Entergy’s partnership with The Nature Conservancy resulted in:
• Reforestation of 500 acres of bottomland hardwood in the Big Woods/Cache River in Arkansas.
• 70,000 seedlings planted and 60 acres of long leaf pine forest restored in the Sandyland
Sanctuary in Texas.
• Creation of a public-private partnership to provide incentives to private landowners in
Mississippi to enroll their property in state conservation programs. Entergy provided seed
funding that was leveraged 4:1 by federal and other funds.
• 85,000 trees planted and 135-acre restoration of Mollicy Bayou in Louisiana.
“ Entergy Arkansas is considered
a valuable partner to the state’s
economic development efforts.
Their competitive rates and
willingness to step forward are
vital to job creation in Arkansas.”
– Grant Tennille, former Executive Director of the
Arkansas Economic Development Commission
“ We appreciate Entergy Louisiana’s
advice throughout our early
design and now the close working
relationship as we enter into our
final construction with the actual
physical power connection.”
– Vianney Vales, Chief Executive Officer of Juniper GTL