History of Entergy in Timeline

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Entergy

Entergy Corporation is an American energy company headquartered in New Orleans, Louisiana. It focuses on electric power production and retail distribution in the Deep South, serving three million customers across Arkansas, Louisiana, Mississippi, and Texas. With approximately 24,000 megawatts of electric generating capacity, Entergy generates $11 billion in annual revenue and employs over 12,000 people.

November 13, 1913: Formation of Arkansas Power Company

On November 13, 1913, Harvey C. Couch formed the Arkansas Power Company, marking the beginning of Entergy's history. He used sawdust from a lumber company to provide electricity to rural Arkansas.

1922: New Orleans Public Service Formation

In 1922, under Sidney Z. Mitchell, the Electric Bond and Share Company merged several streetcar and electric utilities to form New Orleans Public Service.

1923: Merger of Mississippi Companies

In 1923, Harvey Couch merged four independent companies in Mississippi to form 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 in New Orleans, with Harvey Couch as 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, Entergy and its 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.

1938: Supreme Court Case Loss

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

1949: Dissolution of EBASCO

In 1949, EBASCO was ordered dissolved under the Public Utility Holding Company Act, leading to the reorganization of its subsidiaries under Middle South Utilities.

1967: Use of Logo by Louisiana Power and Light

Around 1967, Louisiana Power and Light Company (now Entergy Louisiana) began extensive use of its logo on buildings, equipment, and in advertising.

1989: End of Logo Use

Around 1989, Louisiana Power and Light ended its use of its 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 January 1, 1994, Entergy merged with Gulf States Utilities, based in Beaumont, Texas.

1998: Management Shakeup at Entergy

In 1998, shareholder dissatisfaction led to a shakeup of management at Entergy, resulting in the ouster of CEO Ed Lupberger. He was replaced by Wayne Leonard.

August 2005: Relocation after Hurricane Katrina

In August 2005, after Hurricane Katrina, Entergy temporarily relocated its New Orleans 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.

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 certificate needed for the Vermont Yankee plant license renewal.

2010: Annual Revenues

In 2010, Entergy, a Fortune 500 company, had annual revenues of more than $11 billion.

2011: Electric Vehicle Charging Station Donations

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

2011: Possible revisiting of the Vermont Yankee Plant vote

In 2011, the issue of Vermont Yankee Plant could be revisited by the Vermont legislature in its next regular session.

2013: Joining Midcontinent Independent System Operator (MISO)

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

May 2018: Entergy New Orleans Scandal

In May 2018, Entergy New Orleans was involved in a scandal due to its controversial proposal for a natural gas power plant in East New Orleans, including the use of paid actors to lobby council support. The New Orleans City Council fined Entergy New Orleans $5 million.

2021: Winter Storm Uri Blackouts

In 2021, capacity constraints in Entergy's service areas contributed to rolling blackouts during Winter Storm Uri.