Las Vegas, Nev. –
Entergy Corporation’s superior operational and financial results, as well as
increased productivity and shareholder returns, today earned it the electric
power industry's highest honor, the Edison Award, for the second time.
Entergy also won
the 2002 Edison Award for business leadership and nuclear operational
Entergy’s strong commitment to customers and shareholders alike, coupled with
their willingness to develop and implement innovative business strategies, it is
clear that their success is a direct result of two of this industry’s
hallmarks—vision and ingenuity,” said Edison Electric Institute President Thomas
R. Kuhn. “Entergy’s rare ability to anticipate what lies ahead and successfully
adapt to a constantly changing industry is what sets them apart.”
After turning the
company around with its Back to Basics strategy in 1998, Entergy is now
deploying an aggressive strategy to move Beyond the Basics. Building on improved
productivity and shareholder return, the company also made significant
investments in its core utility operations. This led to lower costs and reduced
environmental impact, as well as improvements in customer service, reliability,
affirms that Entergy is more than a ‘turnaround’ story. It recognizes that our
employees have gone beyond the basics to continuous improvement and beyond best
practices to next practices,” said J. Wayne Leonard, Entergy’s chief executive
officer. “It is truly an honor and a testament to our employees to be presented
with the 2005 Edison Award.”
has been demonstrated through its outstanding nuclear operations, leadership in
new nuclear licensing and superior productivity in its unregulated fleet.
Moreover, the company’s solid commitment to environmental stewardship and its
leadership in helping low-income customers earned Entergy this prestigious
Given annually by
the EEI, the prestigious prize is bestowed upon the U. S. shareholder-owned and
international members that have made significant contributions to the
advancement of the industry. A panel of academics and past and current EEI
chairmen select the finalists and ultimate winners. This year's award, the 77th,
was presented today at EEI's annual convention.
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, and
it is the second-largest nuclear generator in the United States. Entergy
delivers electricity to 2.7 million utility customers in Arkansas, Louisiana,
Mississippi and Texas. Entergy has annual revenues of more than $10 billion and
approximately 14,000 employees.
Entergy's online address is www.entergy.com.