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August 26, 2012
For Immediate Release
Contact:
Mara Hartmann
Entergy Mississippi, Inc.
mhartma@entergy.com
Federal Court Rules in Favor of Entergy Mississippi’s Request to Address Lawsuit

State attorney general had sought to send suit back to Chancery Court

JACKSON, Miss. – The U.S. District Court for the Southern District of Mississippi has denied the state attorney general’s motion to remand a lawsuit against Entergy Mississippi, Inc. and other Entergy companies to state Chancery Court. Under today’s ruling, the lawsuit will continue to be addressed by the U.S. District Court.

“We’re pleased with the ruling, but we still believe this is a matter for the Federal Energy Regulatory Commission, not the courts,” said Haley Fisackerly, Entergy Mississippi president and CEO. “However, we’re confident no matter where this case is heard, that our practices have been fair to customers, as eight independent audits have already confirmed, and we’re optimistic that will be the finding of the court or regulatory agency that hears this issue.”

The suit challenges Entergy’s fuel purchasing and power allocation practices. However, since 2008 when the suit was first filed, a total of eight audits have all concluded that there were no inappropriate charges by Entergy Mississippi to its customers. Five independent consulting or auditing firms conducted seven of the audits and the Mississippi Public Utilities Staff conducted its own audit. All five firms were hired by the Mississippi Public Service Commission, and two of the firms were hired at the attorney general’s urging.

“All eight independent audits confirm that Entergy Mississippi conducts business in a fair and appropriate manner,” said Fisackerly. “Furthermore, Entergy provides our customers with some of the lowest rates in the country. The attorney general should be commending our practices, not litigating them.”

Entergy Mississippi, Inc. provides electricity to more than 437,000 customers in 45 counties. It is a subsidiary of Entergy Corporation. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.

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