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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

Nevada Power Files Appeal on Pricy Long-Term Contracts

LCG, Apr. 12, 2002--Utility Nevada Power, which had indicated that it could face bankruptcy unless it received approval to recover costs incurred for long-term power purchases, yesterday filed an appeal with the District Court in Carson City to overturn an unfavorable, unanimous rate ruling by Nevada's three-member Public Utilities Commission.

The PUC ruling allowed Nevada Power to recover $485 million out of $922 million requested. Regulators determined that purchases by the utility made during last year's Western power market crisis were imprudent. The utility signed long-term contracts at prices of up to $172 per megawatt-hour.

Nevada Power, which also plans to appeal directly to the PUC for another hearing on the matter, filed the appeal with the District Court in the hopes that it could obtain a judicial order granting its request. Attorneys for intervenors do not see a strong possibility that a judge would be likely to disagree with the commission's findings.

Andrea Smith, a spokesman for Nevada Power said, "we believe the company and community are at risk. We're going to pursue whatever remedies are available to us, and this is one of those remedies." Suppliers and creditors of Nevada Power such as Reliant Energy are seeking their own risk-protection in the form of cash payments, letters of credit or collateral for new power-purchase contracts.
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