Skip to main content

Entergy Corp(ETR-N)
NYSE

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

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. Theย 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.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.