Entergy joins MISO
Entergy Texas, Inc.
officials filed a report with the Public Utility Commission of Texas outlining
the expected benefits of the company joining the Midwest Independent
Transmission System Operator. On April 25, the company announced its proposal to
join MISO, a regional transmission organization serving 13 states.
Entergy Texas anticipates formally
asking the PUCT for approval later this year to transfer operational control of
its transmission facilities to MISO with a target implementation date of
After extensive review and analysis,
Entergy Texas believes that joining MISO is the best option for customers and
will provide the largest customer benefits. Projections show net benefits of
between $170 million to $225 million from 2013 to 2022 by joining MISO,
primarily the result of a vast and more efficient marketplace. The projected net
benefits are the estimated production cost-related savings, minus increased
administrative and transmission costs.
“The filing today shows that the
benefits for our customers of joining MISO outweigh other options,” said Joe
Domino, president and chief executive officer of Entergy Texas, Inc. The
efficiencies of MISO’s established Day 2 Market and large operating area were
decisive in this conclusion.
”We’ll continue to working closely
with the Public Utility Commission of Texas as they consider this complex and
important matter,” said Domino.
Entergy Texas, Inc. provides
electricity to more than 400,000 customers in 27 counties. It is a subsidiary of
Entergy Corporation. Entergy is an integrated energy company engaged primarily
in electric power production and retail distribution operations. Entergy 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. Entergy delivers electricity to 2.7 million utility customers in
Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more
than $11 billion and approximately 15,000 employees.