LITTLE ROCK — Entergy Arkansas has filed its annual strategic investment update with the Arkansas Public Service Commission under the Generating Arkansas Jobs Act rider, outlining continued investments in generation and transmission infrastructure to support the state’s growth while also proposing direct bill credits tied to federal nuclear tax benefits to help reduce the impact to customers’ bills. These power generation investments provide broad benefits for Arkansans, including a more reliable grid, long-term bill savings and new job opportunities.
Key investments for customers included in this year’s filing are:
- Ironwood Power Station – 450 MW of power from the new Ironwood Power Station in Hot Spring County
- Jefferson Power Station – 750 MW of power from the new Jefferson Power Station in Jefferson County
- Arkansas Cypress Solar and Battery – 600 MW of solar power and 350 MW of battery storage in Jefferson County
- Associated transmission upgrades for these announced projects
These investments are designed to benefit customers by delivering reliable power for homes, businesses and new industries while keeping bills stable and below the national average. Adding modern, fuel-efficient resources will lead to energy savings for customers, meaning more electricity can be generated at a lower cost. The projects will also create approximately 1,860 direct jobs as well as significantly more indirect jobs during construction, 46 long-term permanent jobs and generate more than $105 million in new local and state tax revenue by 2030 to support local communities.
“Arkansas is growing, and our electric system must grow with it,” said Laura Landreaux, president and CEO of Entergy Arkansas. “The Generating Arkansas Jobs Act allows us to build the infrastructure needed to support new growth, more job creation and new investments in Arkansas communities while keeping power affordable and reliable. In turn, this allows Entergy Arkansas to attract new large customers that will pay their fair share and put downward pressure on rates. Through these efforts, Entergy Arkansas continues to keep rates low for customers, as shown by its recent rate review with an overall change of less than 2%.”…