History of Entergy in Timeline

Entergy Corporation is a Fortune 500 integrated energy company based in New Orleans, Louisiana. It focuses on electric power production and retail distribution. Entergy serves 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company has roughly 24,000 megawatts of electric generating capacity and annual revenues of $11 billion. It employs over 12,000 people.

November 13, 1913: Formation of Arkansas Power Company

On November 13, 1913, Entergy traces its history to the formation of Arkansas Power Company, when founder Harvey C. Couch used sawdust from a lumber company to bring electricity to rural Arkansas.

1922: Formation of New Orleans Public Service

In 1922, the Electric Bond and Share Company (EBASCO), under Sidney Z. Mitchell, merged several competing streetcar and electric utilities into New Orleans Public Service.

1923: Merger of Mississippi power companies

In 1923, Harvey C. Couch merged four independent companies in Mississippi into Mississippi Power and Light.

1925: Formation of Electric Power and Light Corporation

In 1925, Electric Power and Light Corporation was formed as an EBASCO subsidiary headquartered in New Orleans, with Harvey C. Couch as its president. It became the parent company for Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service, and Arkansas Power and Light.

1925: Headquarters in New Orleans

Since 1925, New Orleans had been home to Entergy's various corporate predecessors.

1935: Public Utility Holding Company Act of 1935

In 1935, EBASCO fought the constitutionality of the Public Utility Holding Company Act.

1938: Supreme Court Case Loss

In 1938, EBASCO lost a Supreme Court case regarding the constitutionality of the Public Utility Holding Company Act of 1935.

1949: Dissolution of EBASCO

In 1949, EBASCO was ordered dissolved under the provisions of the Public Utility Holding Company Act of 1935. Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service and Arkansas Power and Light were reorganized under Middle South Utilities.

1967: Louisiana Power and Light logo use

Louisiana Power and Light Company (now Entergy Louisiana) made extensive use of its logo between approximately 1967 and 1989, featuring it on buildings, equipment, and in advertising.

1989: Name change to Entergy

In 1989, Middle South Utilities changed its name to Entergy.

1989: Louisiana Power and Light logo use

Louisiana Power and Light Company (now Entergy Louisiana) made extensive use of its logo between approximately 1967 and 1989, featuring it on buildings, equipment, and in advertising.

January 1, 1994: Merger with Gulf States Utilities

As of 12:00 midnight on January 1, 1994, Entergy merged with and bought Gulf States Utilities, based in Beaumont, Texas.

1998: Ouster of CEO Ed Lupberger

In 1998, shareholder dissatisfaction led to a management shakeup, culminating in the ouster of CEO Ed Lupberger, who was replaced by Wayne Leonard.

August 2005: Temporary Relocation after Hurricane Katrina

After Hurricane Katrina hit New Orleans in August 2005, Entergy temporarily relocated its 1,500 headquarters employees and contractors to other cities.

April 2006: Return to New Orleans Headquarters

In April 2006, Entergy began moving back into its New Orleans headquarters after temporarily relocating due to Hurricane Katrina in 2005.

2008: Forbes List of America's Most Trustworthy Companies

In 2008, Entergy was named to Forbes list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.

February 24, 2010: Vermont Senate Vote on Vermont Yankee Plant

On February 24, 2010, the Vermont Senate voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant to have its license renewed for another 20 years.

2010: Annual Revenues of Entergy

In 2010, Entergy had annual revenues of more than $11 billion and approximately 15,000 employees.

2011: Electric Vehicle Charging Station Donation

In 2011, Entergy and Coulomb Technologies began donating free electric vehicle charging stations at 16 sites at college campuses in the southern U.S. First installation was at Louisiana State University.

2011: Vermont Yankee License Issue

In 2011, the issue surrounding the Vermont Yankee plant license could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011.

2012: Entergy Texas Relocation

Until 2012, Entergy Texas was based in Beaumont, Texas, but has since moved its operations to The Woodlands.

2013: Joins Midcontinent Independent System Operator (MISO)

In 2013, Entergy joined the Midcontinent Independent System Operator (MISO) as is southern region following an Department of Justice investigation into the company's anti-competitive behavior.

2018: Entergy New Orleans Scandal

In May of 2018, Entergy New Orleans was embroiled in a scandal surrounding its controversial proposal for a natural gas power plant in East New Orleans. The New Orleans City Council ended up fining Entergy New Orleans $5 million for this paid actors scandal.