SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date earliest event reported) May 18, 2005

Commission
File Number

Registrant, State of Incorporation,
Address and Telephone Number

I.R.S. Employer
Identification No.

1-11299

ENTERGY CORPORATION
(a Delaware corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 576-4000

72-1229752

1-10764

 

 

ENTERGY ARKANSAS, INC.
(an Arkansas corporation)
425 West Capitol Avenue, 40th Floor
Little Rock, Arkansas 72201
Telephone (501) 377-4000

71-0005900

1-27031

 

 

ENTERGY GULF STATES, INC.
(a Texas corporation)
350 Pine Street
Beaumont, Texas 77701
Telephone (409) 838-6631

74-0662730

1-8474

ENTERGY LOUISIANA, INC.
(a Louisiana corporation)
4809 Jefferson Highway
Jefferson, Louisiana 70121
Telephone (504) 840-2734

72-0245590

0-320

ENTERGY MISSISSIPPI, INC.
(a Mississippi corporation)
308 East Pearl Street
Jackson, Mississippi 39201
Telephone (60LIGN="right" COLSPAN="1" NOWRAP VALIGN="bottom">—  

     (0.09 )   0.09  

Voluntary severance plan

    —      —      —       —       —       —       —       —      (0.30 )   (0.31 )   0.31  

Tax benefits – Entergy-Koch investment

    —      —      —       0.07     0.07     —       —       —      —       —       0.07  
    
  
  
 
 
 
 
 
  

64-0205830

0-5807

ENTERGY NEW ORLEANS, INC.
(a Louisiana corporation)
1600 Perdido Building
New Orleans, Louisiana 70112
Telephone (504) 670-3674

72-0273040

1-9067

SYSTEM ENERGY RESOURCES, INC.
(an Arkansas corporation)
Echelon One
1340 Echelon Parkway
Jackson, Mississippi 39213
Telephone (601) 368-5000

72-0752777

 

Item 2.02. Results of Operations and Financial Condition

Entergy Corporation
Entergy Arkansas, Inc.
Entergy Gulf States, Inc.
Entergy Louisiana, Inc.
Entergy Mississippi, Inc.
Entergy New Orleans, Inc.
System Energy Resources, Inc.

The information in this Current Report on Form 8-K under Item 2.02, "Results of Operations and Financial Condition," including Exhibits 99.1 and 99.2 listed below, is being furnished, not filed.

On May 19, 2005, Entergy Corporation published its 2004 Investor Guide and Statistical Report. The complete text of this Report is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure.

Entergy Corporation
Entergy Arkansas, Inc.
Entergy Gulf States, Inc.
Entergy Louisiana, Inc.
Entergy Mississippi, Inc.
Entergy New Orleans, Inc.
System Energy Resources, Inc.

The information in this Current Report on Form 8-K under Item 7.01, including exhibits 99.1 and 99.2 listed below, is being furnished, not filed, pursuant to Regulation FD.

On May 19, 2005, Entergy Corporation published its 2004 Investor Guide and Statistical Report. The complete text of this Report is attached hereto as Exhibit 99.1.

Entergy Corporation
Entergy Louisiana, Inc.

The information in this Current Report on Form 8-K under Item 7.01, including Exhibit 99.3 listed below, is being furnished, not filed, pursuant to Regulation FD.

On May 19, 2005, Entergy Corporation issued a release to certain investors, which is attached as Exhibit 99.3 hereto and incorporated herein by reference.

 

Item 8.01 Other Events

Entergy Corporation
Entergy Louisiana, Inc.

As discussed in Entergy's 2004 Form 10-K and First Quarter 2005 Form 10-Q, in January 2004 Entergy Louisiana made a rate filing with the LPSC requesting a base rate increase, and in March 2005, the LPSC staff and Entergy Louisiana filed a proposed settlement that included an annual base rate increase of approximately $18.3 million that was implemented, subject to refund, effective with May 2005 billings. At its May 18, 2005 meeting, the LPSC approved the settlement with some revisions. With the effect of the revisions, Entergy Louisiana will now have no change in base rates, but the revisions also reduced Entergy Louisiana's depreciation rate, and management still expects an increase in earnings to result from the rate filing. Entergy Louisiana will reset its rates consistent with the LPSC-approved settlement, and any refund obligation resulting from the May 2005 implementation of the proposed rate increase should be immaterial.

The LPSC-approved settlement includes the adoption of a three-year formula rate plan, the terms of which include a return on equity midpoint of 10.25% and permit Entergy Louisiana to recover incremental capacity costs outside of a traditional base rate proceeding. Under the formula rate plan, over- and under-earnings outside an 80 basis point bandwidth will be allocated 60% to customers and 40% to Entergy Louisiana. The initial filing under that plan is scheduled for May 2006 with a 2005 test year, with rates to become effective September 2006.

 

Item 9.01. Financial Statements, Pro Forma Financial Statements and Exhibits

(c) Exhibits.

Exhibit No.

Description

99.1

2004 Investor Guide and Statistical Report.

99.2

Statement on Uses and Usefulness of Non-GAAP Information

99.3

Release, dated May 19, 2005, issued by Entergy Corporation

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Entergy Corporation
Entergy Arkansas, Inc.
Entergy Gulf States, Inc.
Entergy Louisiana, Inc.
Entergy Mississippi, Inc.
Entergy New Orleans, Inc.
System Energy Resources, Inc.

By: /s/ Nathan E. Langston
Nathan E. Langston
Senior Vice President and
Chief Accounting Officer

 

Dated: May 19, 2005