Entergy's New York Subsidiaries File Comments in New York State Public Service Commission Proceeding

Entergy's New York Subsidiaries File Comments in New York State Public Service
                            Commission Proceeding

Companies Urge Commission to Protect Electric Customers from Unnecessary Rate

PR Newswire

WHITE PLAINS, N.Y., Feb. 22, 2013

WHITE PLAINS, N.Y., Feb. 22, 2013 /PRNewswire/ --Entergy Corporation's (NYSE:
ETR) New York subsidiaries today filed comments with the New York State Public
Service Commission ("PSC") regarding a proposed reliability contingency plan
("RCP") meant to address the premature retirement of the Indian Point Energy
Center. The RCP, filed jointly by Con Edison and the New York Power Authority
at the direction of the New York PSC, proposes to immediately begin billing
New York electric customers at least $800 million for a series of electric
transmission projects, along with another energy efficiency program, to
address the potential impacts on the electric grid in the event the Nuclear
Regulatory Commission ("NRC") ultimately declines to issue renewed licenses
for Indian Point. According to the RCP, customers throughout New York State
would be billed for the projects – including those who live upstate and on
Long Island.

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In their comments, the Entergy companies urged the New York PSC to require the
utilities to submit more information prior to taking any actions that will
raise customers' electric rates. "The RCP fails to acknowledge the
substantial likelihood that Indian Point will continue to operate, it lacks
sufficient information for a meaningful review of the proposed projects or
other alternatives, and it fails to demonstrate that – with a price tag of at
least $800 million – it is the most cost-effective solution for New York
electric customers," said Mike Twomey, vice president of external affairs for
Entergy Wholesale Commodities.

According to the most recently published data from the U.S. Energy Information
Administration for 2012 (covering the period from Jan. 1, 2012, through Nov.
30, 2012), New York residential customers paid the highest electric rates in
the continental United States – and nearly 50 percent higher than the national
average. "Rather than asking New York customers to pay hundreds of millions
of dollars for a contingency plan that might not be needed, New York could
support the license renewal effort for Indian Point now pending at the NRC to
help ensure that this safe, clean, and reliable resource remains part of New
York's energy portfolio," Twomey said.

On the issue of whether the RCP projects could be replacements for Indian
Point, Twomey said: "The projects have been labeled as alternatives to Indian
Point, but they are not replacements for the facility -- they would not
replace the substantial economic and air quality benefits that Indian Point
provides. At best, these projects might alleviate some of the reliability
consequences of losing Indian Point, but only at a significant cost. Moreover,
because the RCP does not include adequate information, it is impossible for
the New York PSC to determine the degree to which these projects would even
address potential reliability consequences."

Since purchasing Indian Point more than 10 years ago, Entergy has focused on
improving and maintaining the facility, including making investments of more
than $1 billion to enhance the reliability, security, and safety of the
facility. Entergy filed a joint license renewal application with the NRC in
2007 and it continues to actively pursue the matter.

Entergy Corporation, which celebrates its 100th birthday this year, 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 $10 billion
and approximately 15,000 employees.

Additional investor information can be accessed online at

SOURCE Entergy Corporation

Website: http://www.entergy.com
Contact: Jim Steets, +1-914-272-3545 office, +1-914-671-0457 cell,
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