Published 04-19-24
Submitted by Entergy Corporation
Entergy’s performance report integrates a comprehensive overview of our 2023 achievements, including financial results with economic, environmental, governance, and social performance and impacts. Learn how we power life for all our stakeholders at performancereport.entergy.com.
Meeting our customers’ evolving needs
Over the next three years, we plan to invest nearly $19.8 billion for the benefit of our customers. Our capital plan supports robust and unique growth opportunities that include:
Improving delivery for our customers
Our three-year capital plan also includes significant investment for our transmission and distribution energy delivery system. These investments will serve customer growth and improve reliability and resilience, improving our customers’ experience. We plan to expand and modernize our system, including new lines and substations, targeted upgrades and enhancements, self-healing technology and asset hardening. New assets installed on our grid will meet the latest resiliency standards.
Entergy’s operating companies are proposing a $15 billion long-term plan to help reduce restoration costs and disruption risks from major storms. Our plan includes a $2.1 billion investment over the next three years for accelerated resilience. We will update our plans accordingly as our regulators approve resilience plan projects.
Reliability and resilience
At the same time we’re making steady investments to strengthen power generation, transmission and distribution systems, it’s important to increase the investments in our region to provide the resiliency our customers and communities need.
Resilience is a part of the DNA of the Gulf Coast and Entergy. Following the storms in 2020 and 2021, Entergy has further enhanced our focus and urgency for strengthening the electrical system in the Gulf South. To improve reliability, we’re focusing on managing assets to reduce the probability of failure due to age, wear and tear. To improve resilience — the system’s ability to withstand and recover from storms, fires, or other physical or cyber threats — we work with our regulators and customers on our investments in hardened assets, technological advancements and enhanced design standards.
Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife
Corporate Social Responsibility at Entergy
For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer more than 100,000 hours in those communities' values at more than $3 million.
More from Entergy Corporation