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Federal Energy Regulatory Commission Ruling Resolves System Energy Resources Inc. Refund Dispute

PR Newswire - Tue Aug 29, 2023

Order confirms no additional refunds owed

NEW ORLEANS, Aug. 29, 2023 /PRNewswire/ -- The Federal Energy Regulatory Commission resolved a long-standing litigation matter related to uncertain tax positions taken by System Energy Resources, Inc., or SERI, by denying a request for SERI to pay additional refunds to customers. The FERC ruling also ordered SERI to recalculate the value of overpayments on sale-leaseback refunds previously made to customers. SERI is an Entergy subsidiary that is the majority owner of the Grand Gulf Nuclear Station in Port Gibson, Miss.

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