October 28, 2009
For Immediate Release
Morgan Stewart
Entergy New Orleans, Inc.
Entergy New Orleans Selected for Federal Stimulus Funds

‘Smart Meters’ pilot project targeted for 11,500 low income residents

New Orleans, La. – The U.S. Department of Energy notified Entergy New Orleans, Inc. that it was selected to receive a stimulus grant of approximately $5 million for a pilot project aimed at helping low income customers better manage their electric bills.

With the DOE notification, the next step in the process is for Entergy New Orleans to receive approval from the New Orleans City Council to launch the pilot program that could place smart meters in 11,500 residences of low income customers.

“This is a significant contribution and investment by President Obama’s administration in the energy future of New Orleans,” said Rod West, president and chief executive officer of Entergy New Orleans, Inc. “Smart grid technology will transform the future of our industry as well as our customer’s lives while positioning New Orleans among the leaders in smart grid development.”

The Department of Energy received 400 applications for stimulus funding for the energy industry and only 100 projects were approved. It appears that the Entergy New Orleans pilot is the only project with a low income customer focus.

“Unlike the other projects around the nation, the Entergy New Orleans AMI project will provide the company with a better understanding of the impact smart grid technology has on low income customers,” said West. “We believe the integration of these new technologies will help customers better manage their usage and energy costs while helping the company understand how well customers respond to the features and benefits associated with the smart grid.”

The smart meters also known as Advanced Meter Infrastructure or AMI will provide customers with near real-time energy usage information, thus providing customers with an opportunity to have more control over their energy consumption. Entergy New Orleans believes it will help reduce the energy bills of participating low income customers. If the pilot project meets customer and company expectations, it will likely be expanded.

Entergy will be working closely with DOE officials over the next 60 days to acquire information on the requirements and process for accessing the DOE funds.

Entergy New Orleans, Inc. is an electric and gas utility serving Orleans Parish and is a subsidiary of Entergy Corporation. The company provides electricity to more than 141,000 customers and natural gas to more than 92,000 customers in Orleans Parish.