Entergy Louisiana says Meta deal shields other customers from Cottonwood power plant costs

Entergy Corporation

Entergy Corporation

ETR

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  • Entergy issued a rebuttal to media reports on its potential purchase of the Cottonwood power plant tied to rising Louisiana demand.
  • Called cost-impact claims speculative, citing an early-stage regulatory review at the Louisiana Public Service Commission with multiple expert inputs.
  • Stated Meta will fund grid upgrades, projecting USD 2.65 billion in savings for residential and small business customers over 20 years.
  • Projected a 10% lower storm charge from Meta’s grid contributions, citing USD 2.5 billion in new state and local tax revenue.
  • Pointed to its 2023 integrated resource plan, begun in 2021, to argue capacity deficits were identified before Meta’s December 2024 announcement.


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