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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

NYSE&G Fumes over Big Rate Cut Order

LCG, Dec. 20, 2001--New York State Electric & Gas Corp. was dealt a $205 million a year blow yesterday by the New York State Public Service Commission, which ordered a temporary electricity rate reduction for all classes of customers, to take effect next month.

In a statement issued following an afternoon meeting in New York City, the utility said the commission's action was "not only unwarranted, but unlawful."

Ralph Tedesco, NYSE&G's president, said "New York State is reneging on a contract by arbitrarily reducing NYSE&G's electric delivery price on a temporary basis." He should be happy it isn't permanent.

The commission said in a statement that the cuts would amount to about 13 percent for residential and other customers and will remain in effect until regulators can come up with permanent rates.

The rate imbroglio has a long history. Early this year, the utility proposed a 5 percent rate reduction to take place next year that would be implemented as an extension of the commission's 1998 order deregulating electricity sales in the state.

By August, NYSE&G decided that was too generous and amended its request to 3 percent. That move set off a demand by large commercial and industrial customers that the commission reduce the utility's rates significantly and make them temporary until a permanent rate could be decided upon.

NYSE&G said it "will study the decision and take any necessary steps to appeal the PSC's unlawful action."

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