History of Entergy in Timeline

Entergy Corporation is an American energy company based in New Orleans, Louisiana. It focuses on electric power production and retail distribution in the Deep South, serving 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. Entergy possesses around 24,000 megawatts of electric generating capacity and generates annual revenues of $11 billion. The company employs over 12,000 individuals.

November 13, 1913: Formation of Arkansas Power Company

On November 13, 1913, Entergy's history began with the formation of Arkansas Power Company. 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), a subsidiary of General Electric, under Sidney Z. Mitchell, merged several competing streetcar and electric utilities into New Orleans Public Service.

1923: Merger of Mississippi Companies

In 1923, Harvey C. Couch merged four independent companies in Mississippi into Mississippi Power and Light as part of his plan to buy electric companies in other states.

1925: Formation of Electric Power and Light Corporation

In 1925, Electric Power and Light Corporation, an EBASCO subsidiary headquartered in New Orleans, was formed with Harvey Couch as its president. It was 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, Entergy's various corporate predecessors have been headquartered in New Orleans.

1935: Public Utility Holding Company Act of 1935

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

1938: Supreme Court Case Loss

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

1949: Dissolution Order

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 the control of Middle South Utilities.

1967: Louisiana Power and Light Logo Usage

Around 1967, Louisiana Power and Light Company (now Entergy Louisiana) began using a specific logo on buildings, equipment, and in advertising.

1989: End of Logo Usage

Around 1989, Louisiana Power and Light Company (now Entergy Louisiana) stopped using a specific logo on buildings, equipment, and in advertising.

1989: Name Change to Entergy

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

January 1, 1994: Merger with Gulf States Utilities

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

1998: Ouster of CEO Ed Lupberger

In 1998, shareholder dissatisfaction with Entergy's global expansion strategy led to the ouster of longtime 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 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.

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: Financial Status in 2010

In 2010, Entergy, a Fortune 500 company, had annual revenues of more than $11 billion and approximately 15,000 employees. It owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States after Exelon Corporation.

2011: Electric Vehicle Charging Stations Donation

In 2011, Entergy and Coulomb Technologies began to donate free electric vehicle charging stations at 16 sites at college campuses in the southern US.

2011: Potential Revisit of Vermont Yankee Plant Issue

In 2011, the Vermont legislature could revisit the issue of renewing the Vermont Yankee plant's license.

2012: Entergy Texas Location

Until 2012, Entergy Texas, a wholly owned subsidiary, was based in Beaumont, where the former Gulf States Utilities was located.

2013: Joining MISO

In 2013, Entergy joined the Midcontinent Independent System Operator (MISO) as its southern region following a Department of Justice investigation.

May 2018: Entergy New Orleans Scandal

In May 2018, Entergy New Orleans was embroiled in a scandal surrounding its controversial proposal for a natural gas power plant in East New Orleans, resulting in a $5 million fine.