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 June 30, 2004


 

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 Holdings, LLC (EHLLC)

Energy related business

November 3, 1997

Delaware

100%

Holding company investing in miscellaneous energy related companies.

           

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 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 (merged with Entergy Solutions Essentials Ltd. (ESSEN) on June 10, 2004 with ESOLS being the surviving entity)

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.
           

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 Solutions District GP, LLC (ESDGPL)

Energy related business February 19, 1997

Delaware

 

100%

 

General partner of ESDCL.
           

Entergy Nuclear Services, LLC (ENSL)
(new)

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 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 June 30, 2004, filed in File No. 70-9123.

EHLLC Activities

During the quarterly period ended June 30, 2004, EHLLC acted as a holding company engaged in investment in energy related companies consistent with Rule 58.

Entergy Thermal Activities

During the quarterly period ended June 30, 2004, Entergy Thermal owned and operated a district cooling and heating system in New Orleans, Louisiana.

 

EPRS Activities

During the quarterly period ended June 30, 2004, EPRS engaged in the ownership of a 50% interest in RS Cogen.

RS Cogen Activities

During the quarterly period ended June 30, 2004, RS Cogen owned and operated a 425 MW cogeneration facility in Louisiana, constituting a QF under PURPA.

 

TLG Activities

During the quarterly period ended June 30, 2004, 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 June 30, 2004, ESLTD was engaged in the sale of power to Texas retail customers.

EKTLP Activities

During the quarterly period ended June 30, 2004, EKTLP engaged in the business of brokering and marketing of energy commodities, including but not limited to electricity, natural or manufactured gas, and other combustible fuels. These services were provided to electric utilities, power marketers, electric and municipal cooperatives, and various other customers.

EWOGP Activities

During the quarterly period ended June 30, 2004, EWOGP acted as a holding company for investing in energy commodity brokering and related services.

EWOM Activities

During the quarterly period ended June 30, 2004, 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 June 30, 2004, 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. ESOLS and ESSEN merged, effective June 10, 2004, with ESOLS as the surviving entity.

ESSEN Activities

During the quarterly period ended June 30, 2004, ESSEN was in its formative stage. ESOLS and ESSEN merged effective June 10, 2004, with ESOLS as the surviving entity.

Entergy Thermal-UNO Activities

During the quarterly period ended June 30, 2004, Entergy Thermal-UNO was in its formative stage with the intent to engage in the production, sale, and distribution of thermal energy products at the University of New Orleans. Entergy Thermal-UNO was dissolved June 30, 2004.

ENPFS Activities

During the quarterly period ended June 30, 2004, ENPFS acted as a holding company for Entergy's 12.9% 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 June 30, 2004, 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 June 30, 2004, ESSLT provided energy supply acquisition services to Entergy retail electric providers.

ENES Activities

During the quarterly period ended June 30, 2004, ENES was in its formative stage and in the future intends to provide environmental remediation services for nuclear facilities.

SOURCEONE Activities

During the quarterly period ended June 30, 2004, SOURCEONE provided energy management services and energy commodity marketing services.

EnerSea Activities

During the quarterly period ended June 30, 2004, EnerSea marketed a compressed natural gas marine transportation and storage system called VOTRANS (Volume-Optimized Transport System). VOTRANS is an ocean-going gas delivery service system comprised of large diameter pipes contained within insulated structures integrated onto specially designed and constructed ships.

ESDCL Activities

During the quarterly period ended June 30, 2004, ESDCL owned and operated a district cooling system and provided management, operations, and maintenance services for other thermal energy and related systems.

ESDGPL Activities

During the quarterly period ended June 30, 2001, ESDGP was the general partner of ESDCL.

ENSL Activities

During the quarterly period ended June 30, 2004, ENS was in its formative stage and in the future intends to provide management and operations services for nuclear reactors and environmental remediation services for nuclear facilities (directly or indirectly through one or more project entities).

 

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

$ 1,485,000

 

 

 

ERHC

ESSLT

$ 3,168,000

 

 

 

Entergy Retail Texas, Inc.
(ERTI)

ESSLT

$ 32,000

 

 

 

(ERTI)

ESLTD

$ 15,000

 

 

 

Entergy Select LLC

ESOLS

$ 33,000

 

 

 

Entergy PTB Holding Company

ESOLS

$ 3,267,000

 

 

 

 

 

 

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

$ 64,3121

$ -0-

N/A

$ 64,3121

 

 

 

 

 

 

 

EKTLP

EWOM

Energy commodity marketing services

$ 474,853

$ -0-

N/A

$ 474,853

 

 

 

 

 

 

 

EKTLP

EWOM

Professional services and back office support

$ 206,053

$ -0-

N/A

$ 206,053

 

 

 

 

 

 

 

ESSLT

ESLTD

Energy supply acquisition services

$ 1,309,482

$ -0-

N/A

$ 1,309,482

ESSLT

ESOLS

Same as above

$ 4,915

$ -0-

N/A

$ 4,915

 

 

 

 

 

 

 

EKTLP

Entergy-Koch Trading Ltd. (UK)

Professional services and back office support

$ 31,561

$ -0-

N/A

$ 31,561

 

 

 

 

 

 

 

EKTLP

Entergy-Koch Trading Ltd. (Canada)

Same as above

$ 59,220

$ -0-

N/A

$ 59,220

 

 

 

 

 

 

 

EKTLP

Entergy-Koch Trading Ltd. (Canada)

Energy commodity marketing services

$ 23,614

$ -0-

N/A

$ 23,614


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

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

Reporting company rendering services

Associate company receiving services


Types of services rendered



Direct costs charged



Indirect costs charged




Cost of capital


Total amount billed

 

 

 

 

 

 

 

EWOM

Entergy Power, Inc.

Energy commodity marketing services

$ 206,239

$ -0-

N/A

$ 206,239

 

 

 

 

 

 

 

EWOM

Entergy Power Warren Corp. I

Same as above

$ 206,239

$ -0-

N/A

$ 206,239

 

 

 

 

 

 

 

 

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

$ 119,742

$-0-

N/A

$ 119,742

 

 

 

 

 

 

 

EEI

EKTLP

Same as above

$ 51,200

$-0-

N/A

$ 51,200

 

 

 

 

 

 

 

EEI

EHLLC

Same as above

$ 32,798

$-0-

N/A

$ 32,798

 

 

 

 

 

 

 

EEI

Entergy Thermal

Same as above

$ 371,188

$-0-

N/A

$ 371,188

 

 

 

 

 

 

 

EEI

ESLTD

Same as above

$ 1,087,393

$-0-

N/A

$ 1,087,393

 

 

 

 

 

 

 

EEI

ESOLS

Same as above

$ 179,583

$-0-

N/A

$ 84,151

 

 

 

 

 

 

 

EEI

TLG

Same as above

$ 116,190

$ -0-

N/A

$ 116,190

 

 

 

 

 

 

 

EEI

ESSLT

Same as above

$ 12,199

$ -0-

N/A

$ 12,199

 

 

 

 

 

 

 

EEI

ESDCL

Same as above

$ 146,290

$ -0-

N/A

$ 146,290

 

 

 

 

 

 

 

EEI

EPRS

Same as above

$ 115,102

$ -0-

N/A

$ 115,102

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


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 Solutions Management Services LLC (ESLMS)

ESLTD

Same as above

$3,359,406

$0-

N/A

$3,359,406

 

 

 

 

 

 

 

ESLMS

ESOLS

Same as above

$ 44,124

$0-

N/A

$ 44,124

 

 

 

 

 

 

 

ESLMS

Entergy Thermal

Same as above

$ 11,414

$0-

N/A

$ 11,414

             

Entergy-Koch LP

EKTLP

Same as above

$1,516,550

$0-

N/A

$1,516,550

             

ENI

TLG

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

$ 168,155

$0-

N/A

$ 168,155

 

 

 

 

 

 

 

Entergy Nuclear Operations, Inc.

TLG

Same as above

$232,539

$0

N/A

$232,539

 

ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT

 

 

 

Investments in energy-related companies:

 

 

   Total consolidated capitalization as of June 30, 2004

$17,251,752,000

Line 1

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

2,587,762,800

Line 2

   Greater of $50 million or line 2

2,587,762,800

Line 3

 

 

 

Total current aggregate investment:

 

 

   Energy management services (SOURCEONE)

996,084

 

   Energy marketing and brokering (ESLTD, EKTLP, EWOGP,
        EWOM, ESOLS, and ESSLT)

685,976,300

 

   Energy related technical and similar services (EHLLC, Entergy
        Thermal, Entergy Thermal - UNO, TLG, ENES, ESDCL, and
         ESDGP)

82,484,542

 

   Development and ownership of QFs (EPRS and RS Cogen)

188,067,991

 

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

878,000

 

                   Total current aggregate investment

958,402,917

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)


$1,629,359,883


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 4th Quarter of 2003 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: August 26, 2004