UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549




FORM U-9C-3


QUARTERLY REPORT PURSUANT TO RULE 58

For the Quarterly Period Ended March 31, 2005


 

 

 

 

 

 

 

 

 

 

 



ENTERGY CORPORATION
(a Delaware corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 576-4000
__________________________________________________________________
(Name of registered holding company and address of principal executive offices)

 

 

ITEM 1 - ORGANIZATION CHART

Name of reporting company *

Energy or gas
related
company


Date of
organization


State of organization

Percentage of voting
securities held



Nature of business
           

Entergy
Thermal, LLC
(Entergy
Thermal)

Energy related
business

January 28, 1999

Delaware

100%

Production, sale, and distribution of thermal energy products.
           

Entergy Power
RS LLC
(EPRS)

Energy related
business

February 25, 1999

Delaware

100%

Holding company investing in qualifying facilities.
           

RS Cogen, LLC
(RS Cogen)

Energy related
business

March 25, 1999

Louisiana

50%

Ownership and operation of qualifying facilities.
 

TLG Services,
Inc. (TLG)

Energy related
business

December 30, 1986

Connecticut

100%

Provide field services for the decommissioning of fossil and nuclear power plants.
 

Entergy
Solutions Ltd.
(ESLTD)

Energy related
business

August 30, 2000

Texas

100%

Provide competitive energy service and electric sales.
 

** Entergy-
Koch Trading,
LP (EKTLP)

Energy related
business

January 25, 2001

Delaware

50%

Energy marketing and brokering.
           
EWO GP LLC
(EWOGP) 		Energy related
business		 October 30, 2000 Delaware

100%

 

 Holding company investing in energy commodity brokering and related services.
           
EWO
Marketing, LP
(EWOM) 		Energy related
business		 October 30, 2000 Delaware

100%

Energy marketing and brokering.
           

ITEM 1 - ORGANIZATION CHART - Continued

Name of
reporting
company *

Energy or gas
related
company


Date of
organization


State of organization

Percentage of voting
securities held



Nature of business
           

Entergy
Solutions Select
Ltd. (ESOLS)
 

Energy related
business

March 2, 2001

Texas

100%

Price-to-Beat retail electric provider.

Entergy Nuclear
PFS, Inc.
(ENPFS)
 

Energy related
business

February 15, 2002

Delaware

100%

Holding company for investment in Private Fuel Storage, LLC.
 

Private Fuel
Storage LLC
(Private Fuel
Storage)
 

Energy related
business

February 21, 2002

Delaware

9.9%

Development of a spent nuclear fuel storage facility.
 

Entergy
Solutions Supply Ltd. (ESSLT)

Energy related
business

August 30, 2000

Texas

100%

Provider of wholesale energy and energy supply acquisition services to Entergy retail electric providers.
 

** Entergy Nuclear Environmental Services, LLC
(ENES)
 

Energy related
business

December 10, 2002

Delaware

100%

Formed to provide environmental remediation services for nuclear facilities.

SOURCEONE, INC.
(SOURCEONE)

Energy related
business

February 16, 2000

Delaware

Non-voting securities only

Energy management services and energy commodity marketing services.
 

EnerSea Transport, LLC
(EnerSea)

Energy related
business

March 14, 2001

Texas

~ 1%

Compressed natural gas marine transportation and storage system.
 

Entergy
Solutions
District GP,
LLC
(ESDGPL)

Energy related
business

February 19, 1997

Delaware

100%

General partner of ESDCL.

ITEM 1 - ORGANIZATION CHART - Concluded

Name of
reporting
company *

Energy or gas
related
company


Date of
organization


State of organization

Percentage of voting
securities held



Nature of business
 

** Entergy
Nuclear Services,
LLC (ENSL)

Energy related
business

June 30, 2004

Delaware

100%

Formed to provide management and operations services for nuclear reactors and environmental remediation services for nuclear facilities (directly or indirectly through project entities).
 

** Entergy
Nuclear
Operation
Services, LLC
(ENOS)
 

Energy related
business

July 2, 2004

Delaware

100%

Formed to provide management and operation services for a nuclear reactor.

Entergy Solutions
District Cooling,
LP
(ESDCL)

Energy related
 business

December 19, 1997

Delaware

100%

Management/servicing
of thermal energy and related facilities; production, sale, and distribution of thermal energy products.

* The system companies that directly or indirectly hold securities of each reporting company are set forth in Exhibit 1 to Entergy Corporation's Rule 24 Certificate for the three month period ended March 31, 2005, filed in File No. 70-9123.

** Inactive company.

Entergy Thermal Activities

During the quarterly period ended March 31, 2005, Entergy Thermal owned and operated a district cooling and heating system in New Orleans, Louisiana.

EPRS Activities

During the quarterly period ended March 31, 2005, EPRS engaged in the ownership of a 50% interest in RS Cogen.

RS Cogen Activities

During the quarterly period ended March 31, 2005, RS Cogen owned and operated a 425 MW cogeneration facility in Louisiana, constituting a QF under PURPA.

 

TLG Activities

During the quarterly period ended March 31, 2005, TLG provided cost estimates and field services for the decommissioning of fossil and nuclear plants as well as technical expertise related to environmental testing and remediation.

ESLTD Activities

During the quarterly period ended March 31, 2005 , ESLTD was engaged in the sale of power to Texas retail customers.

EKTLP Activities

During the quarterly period ended March 31, 2005, EKTLP was inactive, since its energy mandating and trading business was sold to a third party in the fourth quarter of 2004.

EWOGP Activities

During the quarterly period ended March 31, 2005, EWOGP acted as a holding company for investing in energy commodity brokering and related services.

EWOM Activities

During the quarterly period ended March 31, 2005, EWOM engaged in the business of marketing the power produced by electric generation assets of affiliates and third-party customers as well as fulfilling the electric energy needs of third-party customers under long-term contracts. The third-party customers are principally electric utilities and municipal cooperatives.

ESOLS Activities

During the quarterly period ended March 31, 2005, ESOLS was in its formative stage. ESOLS was formed for the purpose of providing price-to-beat energy service and electric sales. In July 2004, however, the Public Utility Commission of Texas ordered an indefinite delay in retail open access in the service territory in which ESOLS would provide service.

ENPFS Activities

During the quarterly period ended March 31, 2005, ENPFS acted as a holding company for Entergy's 10.6% member interest in Private Fuel Storage (including a 9.9% Class A member interest with voting rights).

Private Fuel Storage Activities

During the quarterly period ended March 31, 2005, Private Fuel Storage continued efforts relating to obtaining a Nuclear Regulatory Commission license for a proposed spent nuclear fuel storage facility.

ESSLT Activities

During the quarterly period ended March 31, 2005, ESSLT provided energy supply acquisition services to Entergy retail electric providers.

ENES Activities

During the quarterly period ended March 31, 2005, ENES was inactive.

SOURCEONE Activities

During the quarterly period ended March 31, 2005, SOURCEONE provided energy management services and energy commodity marketing services.

EnerSea Activities

During the quarterly period ended March 31, 2005, EnerSea marketed a compressed natual gas marine transportation and storage called VOTRANS (Volume-Optimized Transportation System). VOTRANS is an ocean-going gas delivery service system comprised of large diameter pipes contained within insulted structures integrated onto specially designed and constructed ships.

ESDGPL Activities

During the quarterly period ended March 31, 2005, ESDGPL was the general partner of ESDCL.

ENSL Activities

During the quarterly period ended March 31, 2005, ENSL was inactive, since the projects for which it was formed were awarded to other bidders.

ENOS Activities

During the quarterly period ended March 31, 2005, ENOSL was inactive since the project for which it was formed was awarded to another bidder.

ESDCL Activities

During the quarterly period ended March 31, 2005, ESDCL owned and operated a district cooling system and provided management, operations, and maintenance services for other thermal energy and related systems.

ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS



Company
issuing security


Type of
security
issued


Principal
amount of security



Issue or
renewal



Cost of
capital

Person to
whom
security was
issued


Collateral given with security


Consideration received for each security

N/A

N/A

-0-

N/A

-0-

N/A

N/A

-0-

 

Company contributing capital

Company receiving capital

Amount of capital contribution

Entergy Retail Holding Company
(ERHC)

ESLTD

$     8,811,000
     

Entergy Retail Texas

ESLTD

$          89,000
     

ERHC

ESOLS

$        693,000
     

Entergy Select, LLC

ESOLS

$            7,000
     

Entergy Resources, Inc.

Entergy Thermal

$   35,509,033
     

Entergy Nuclear, Inc.

ENPFS

$            3,500

 

ITEM 3 - ASSOCIATE TRANSACTIONS

Part I - Transactions Performed by Reporting Companies on Behalf of Associate Companies

Reporting
company rendering services

Associate company receiving services


Types of
 services
rendered



Direct costs charged



Indirect costs charged



Cost of
 capital


Total
amount
 billed
             

EPRS

RS Cogen

Management, administrative, tax, and accounting services
 

$     68,7221

$ -0-

N/A

$    68,7221
             

ESSLT

ESLTD

Energy supply acquisition services

$ 1,560,379

$ -0-

N/A

$ 1,560,379
             

 

_________________________________

1 These services were provided on a basis other than "at cost," pursuant to the Commission's December 20, 2002 order (HCAR No. 27626).

 

Part II - Transactions Performed by Associate Companies on Behalf of Reporting Companies

Associate company rendering services

Reporting company receiving services


Types of
services
rendered



Direct costs charged


Indirect costs charged



Cost of
capital


Total
amount
billed

 

 

 

 

 

 

 

Entergy Enterprises, Inc.
(EEI)
 

EWOM

Professional services and back office support

$ 138,485

$ -0-

N/A

$ 138,485

 

 

 

 

 

 

 

EEI

Entergy Holdings, LLC2
 

Same as above

$ 13,623

$ -0-

N/A

$      13,623

 

 

 

 

 

 

 

EEI

Entergy Thermal
 

Same as above

$ 89,325

$ -0-

N/A

$      89,325

 

 

 

 

 

 

 

EEI

ESLTD

Same as above

$ 1,457,004

$ -0-

N/A

$ 1,457,004

 

 

 

 

 

 

 

EEI

ESOLS

Same as above

$ 676

$ -0-

N/A

$           676

 

 

 

 

 

 

 

EEI

TLG

Same as above

$ 135,192

$ -0-

N/A

$    135,192

 

 

 

 

 

 

 

EEI

ESSLT

Same as above

$ 5,111

$ -0-

N/A

$        5,111

 

 

 

 

 

 

 

EEI

ESDCL

Same as above

$ 80,557

$ -0-

N/A

$      80,557

 

 

 

 

 

 

 

EEI

EPRS

Same as above

$ 83,663

$ -0-

N/A

$      83,663

 

 

 

 

 

 

 

EEI

ENOS

Same as above

$ (11,574)

$ -0-

N/A

$     (11,574)
 

Entergy Solutions Management Services LLC (ESLMS)
 

ESLTD

Same as above

$ 5,085,572

$ -0-

N/A

$ 5,085,572

 

 

 

 

 

 

 

ESLMS

Entergy Thermal
 

Same as above

$ 100,234

$ -0-

N/A

$   100,234

 

 

 

 

 

 

 

ESLMS

ESDCL

Same as above

$ 86,802

$ -0-

N/A

$     86,802

 

 

 

 

 

 

 

 

_________________________________

2 As of February 23, 2005, Entergy Holdings, LLC merged with and into Entergy Thermal, LLC with Entergy Thermal, LLC as the surviving entity.

 

Part II - Transactions Performed by Associate Companies on Behalf of Reporting Companies- Concluded

 

Associate
company
rendering
services

Reporting
company
receiving
services

Types of
services
rendered


Direct
costs
charged


Indirect
costs
charged



Cost of capital


Total
amount
billed

 

 

 

 

 

 

 

ENI

TLG

O&M Services relating to decommissioning of nuclear electric generating facilities
 

$ 148,976

$ -0-

N/A

$ 148,976

 

 

 

 

 

 

 

Entergy Nuclear Operations, Inc.
(ENO)

TLG

Same as above

$ 231,948

$ -0-

N/A

$ 231,948

 

 

 

 

 

 

 

ENO

ENES

Professional services and back office support

$ 40

$ -0-

N/A

$      40

 

ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT

 

  

 

Investments in energy-related companies:

  

 

      Total consolidated capitalization as of March 31, 2005

$16,639,552,000

Line 1

      Total capitalization multiplied by 15% (line 1 multiplied by 0.15)

2,495,932,800

Line 2

      Greater of $50 million or line 2

2,495,932,800

Line 3

 

  

 

      Total current aggregate investment:

  

 

      Energy management services (SOURCEONE)

1,496,083

 

      Energy marketing and brokering (ESLTD, EWOGPL, EWOM,
         ESDCL, ESOLS, and ESSLT)

461,530,024

 

      Energy related technical and similar services (Entergy Thermal,
         TLG, ENES, ESDCL, ESDCL, ESDGPL, ENOS, and ENSL)

77,587,746

 

      Ownership, operation, and servicing of fuel procurement,
         transportation, handling, and storage facilities (ENPFS and
         Private Fuel Storage)

1,481,500

 

             Total current aggregate investment

542,095,353

Line 4

 

  

 

Difference between the greater of $50 million or 15% of
capitalization and the total aggregate investment of the registered
holding company system (line 3 less line 4)

 

$1,953,837,447

 

Line 5

ITEM 5 - OTHER INVESTMENTS

Major line of
energy-related
business

Other investment
in last
U-9C-3 report

Other investment
in this
U-9C-3 report

Reason for
difference in
other investment
       

N/A

-0-

-0-

N/A

 

ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS

  1. Financial Statements

Filed under confidential treatment pursuant to Rule 104(b).

B. Exhibits

    1. Certificate of filing of Form U-9C-3 for the 2nd Quarter of 2004 with interested state commissions and municipal regulator.

 

SIGNATURE

 

Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Entergy Corporation

 

By:                 /s/ Nathan E. Langston                         

 

                          Nathan E. Langston
Senior Vice President and Chief Accounting Officer

 

 

 

 

Dated: May 26, 2005