Entergy announced its published 2024 Performance Report, “Energy for a better future.” This detailed report presents the company’s 2024 achievements, future plans and strategies for continued success. Presented along with financial results are the economic, environmental, governance, and social aspects helping drive outcomes for the benefit of all our stakeholders.
“As we move forward from a strong 2024, Entergy is uniquely positioned to power life for our customers and communities, today and for future generations,” said Drew Marsh, Entergy chair and chief executive officer. “Our investments in customer-driven solutions like strengthening the energy grid and advancing cleaner energy reflect our commitment to adapting to changing needs. We’re also addressing unprecedented growth opportunities while maintaining low electric rates by engaging our stakeholders on this transformational journey.”
Highlights from 2024 include:
Driving growth in our region. Entergy is benefiting from companies expanding or establishing new operations in the Gulf South. That’s in part because our service area provides access to international markets with proximity to the Mississippi River and the ports along the Gulf Coast. We have a customer-led plan to invest for continued growth, reliability and resilience while maintaining a strong balance sheet and managing risk for all stakeholders. Through 2028, we plan to invest $37 billion to meet this expected growth.
Creating a cleaner energy future. We operate one of the cleanest large-scale power generation fleets in the United States. As we continue to transform our generation portfolio to cleaner resources, we are also responsibly delivering meaningful environmental, social and economic value to the communities we serve, now and in the future. We are continuing to expand our power generation fleet to meet the need of anticipated growth in our service area — including new data centers and other large customers — with cleaner technologies. This strategy supports Entergy’s long-term commitment to achieving net-zero emissions by 2050 and helps customers meet their own environmental goals through low-carbon and carbon-free power.
Affordability for our customers. Entergy is committed to keeping bills as low as possible for all our customers, especially for people struggling financially. Entergy promotes energy efficiency initiatives that help individual customers save money by reducing their usage. This includes energy audits, incentives, rebates and products to make people’s homes or businesses more energy efficient. Our Bill Toolkit, launched in 2024, empowers customers with resources and available assistance options to help them more easily manage their energy bills.
Empowering our communities. Giving back to our communities, and empowering them, is at the core of our mission. In 2024, our focus on corporate social responsibility made a meaningful difference in the lives of our customers and communities, resulting in an economic impact of $153.52 million across our service area. Our dedicated employees were vital to this success, contributing more than 122,000 hours of volunteer service, valued at more than $4 million.
Delivering on our financial commitments. Our 2024 adjusted earnings per share was $3.65, in the top half of our guidance range. Our predictable financial results are the result of our actions to create value for our customers, employees, communities and owners. We are investing in our power delivery system to improve reliability and resilience, and we are expanding our clean, modern generation to support rapidly growing industrial load and the emission reduction goals of our customers.
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