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Notice Notice is hereby given,

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Notice
Notice is hereby given, pursuant to Article IV, Section 21(D)(1) of the Louisiana Constitution, that on April 13, 2011, Entergy Louisiana, LLC (“ELL” of the “Company”) an electric public utility providing retail electric service to customers in forty-three (43) Parishes of the State of Louisiana, filed with the Louisiana Public Service Commission (“LPSC”), pursuant to Article IV, Section 21(D)(3) of the Louisiana Constitution and Title 45, Section 1163.1 of the Louisiana Revised Statutes, a Supplemental and Amending Application for Approval to Securitize Investment Recovery Costs Related to the Little Gypsy Unit 3 Repower Project authorizing the Company to finance its investment recovery costs pursuant to Act 988. This filing relates to existing LPSC Docket No. U-30192 and was docketed by the LPSC in new LPSC Docket No. U-31894. In conjunction with Act 988 of the Louisiana Legislature’s Regular Session of 2010, the parties have reached agreement on a Proposed Uncontested Stipulated Settlement in LPSC Docket No. U-30192 (Phase III) that, assuming Commission approval, will resolve all issues among the parties in Phase III, including: (1) the cancellation of the Little Gypsy 3 repowering project; (2) the establishment of a quantification of the prudently incurred and recoverable cancellation costs; (3) the level(s) at which carrying costs may be accrued on a going forward basis; (4) the appropriate allocation of the recoverable cancellation costs among the Companies’ customer classes and customers; and (5) subject to the issuance of an appropriate financing order, the framework for the securitization of the recovery costs. The proposed Financing Order submitted with the April 13 filing in LPSC Docket No. U-31984 addresses the request of ELL, under Act No. 988 to: (1) finance, through the issuance of investment recovery bonds, ELL’s investment recovery costs in the amount of $200,000,000.00, as determined in LPSC Docket No. U-30192 (Phase III), plus carrying costs on such investment recovery costs and up-front financing costs associated with the issuance of investment recovery bonds; (2) approve the proposed financing structure and issuance of investment recovery bonds; (3) approve the creation of investment recovery property, including the right to impose and collect investment recovery charges sufficient to pay the investment recovery bonds and associated financing costs; (4) approve a tariff to implement the investment recovery charges; and (5) approve another tariff to implement ancillary cost offsets and cost recovery relating to the investment recovery costs process. Because the actual revenue requirement will not be known until after the pricing of the investment recovery bonds, it is only possible to estimate typical bills at this time. The estimated monthly bill of a typical residential customer using 1,000 kWh will increase by $0.45 per month, representing a 0.48% increase. A copy of the filing in the above mentioned dockets may be viewed in the Office of the Louisiana Public Service Commission in Baton Rouge, Louisiana.
ENTERGY LOUISIANA, LLC.
1td:April 21, 2011

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