?NOTICE
Notice is hereby given that on December 19, 2022, Entergy Louisiana, LLC (“ELL”), a public utility providing retail electric and gas service throughout the State of Louisiana, filed with the Louisiana Public Service Commission (“LPSC”) its Application for Approval of the Entergy Future Ready Resilience Plan (Phase I) (the “Application”). The Application requests LPSC approval, and issuance of a public interest finding regarding, the Entergy Future Ready Resilience Plan (the “Resilience Plan”), which is ELL’s proposed course of action to improve the resilience of its electric system through accelerated infrastructure hardening and vegetation management over the 10-year period from 2024 to 2033. In the Application, ELL seeks specific approval of Phase I of the Resilience Plan, which includes approximately $5.0 billion in projects proposed to be implemented in the first five years (2024 to 2028) (“Phase I”). ELL’s Resilience Plan will not result in a change in rates unless approved by the LPSC and implemented by ELL.
ELL also seeks approval of a new rider, the Future Ready Resilience Plan Cost Recovery Rider (the “Rider”), to permit timely recovery of the Resilience Plan’s revenue requirement. The proposed Rider would accomplish contemporaneous recovery of Resilience Plan costs through a forward-looking rate that would also include a true-up after a prudence review.
ELL also requests authorization to create a regulatory asset for addressing recovery of (and on, if applicable), the remaining net book value of assets that are replaced through the Resilience Plan, at the level currently reflected in ELL’s rates. With this approved ratemaking treatment, customers would not see an incremental increase in rates associated with ELL’s recovery of assets prudently retired in connection with the Resilience Plan.
Finally, ELL requests LPSC acknowledgment of ELL’s seeking a waiver from the Federal Energy Regulatory Commission to allow ELL to capitalize conductor handling costs incurred through the Resilience Plan, which would lower the Resilience Plan’s immediate bill effects.
For questions and comments regarding ELL’s filing, please call the LPSC toll free at (800) 256-2397. Additionally, the filing, including its attachments, may be viewed in the Records Division of the LPSC at the following address:
Records Division
602 N. 5th Street, 12th Floor
Baton Rouge, Louisiana 70802
Telephone: (225) 342-3157
ENTERGY LOUISIANA, LLC
RUN: Dec. 29 (D 51)