30.04.2015 05:00:00
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Pope (County of) AR -- Moody's affirms Entergy Arkansas' Baa2 issuer rating and changes the outlook to positive from stable
New York, April 29, 2015 -- Moody's Investors Service, ("Moody's") changed the rating outlook for Entergy Arkansas, Inc. (EA: Baa2) to positive from stable and affirmed all of its ratings, including revenue bonds supported by EA, following the adoption of a formula rate plan (FRP) in the state of Arkansas and the announcement of a filing with the Arkansas Public Service Commission (APSC) using the new FRP. Entergy Arkansas' rate filing seeks approval for costs that would result in an increase of approximately $167 million on customer bills, starting in early 2016. Almost 70% of the request relates to investments the utility has placed into service or will place into service prior to the end of March 2016 in generation and infrastructure upgrades.