Geaux Green is the program name for the Entergy Louisiana green tariff (Rider GGO) approved by the Louisiana Public Service Commission (LPSC) in September 2022. This is a voluntary program that allows eligible Entergy Louisiana customers to get value from a portfolio of new renewable resources located here in Louisiana as well as the renewable energy credits (RECs) produced by those facilities. The new resources are expected to be operational starting in 2024.
When a customer enrolls in Geaux Green (and once the new resources are operational), the participating customer will see two additional items on their bill: (1) a subscription fee based on the amount of the customer’s subscription and the cost of the underlying resources and (2) a variable monthly bill credit based on the participant’s share of monthly output from the portfolio and the monthly value of that energy in the Midcontinent Independent System Operator, Inc. (MISO) market. When the value of energy in the MISO wholesale market is above a certain threshold, the customer will see a net reduction in their overall utility bill.
Currently, the Geaux Green waitlist is for larger business customers only. Residential, small business, and low-income customers will be able to enroll at a later date, closer to when the new renewable resources are operational. Under the LPSC approved tariff, subscriptions to Geaux Green will apply to different groups of customers as follows:
Customer Class
Allocation (MW)
Low-Income Residential Customers
10 MW
Residential and Small General Service Customers (that do not qualify as Low-Income Residential Customers)
100 MW
Other non-residential Customers
365 MW
The current estimates of Rider GGO subscription fees are provided in the table below. Please keep in mind these prices are subject to a final update in the third quarter of 2023, as explained further below.
Option
Current Estimate of Rider GGO Price Options
Fixed Price (Option A) ($/kW-month)
$7.91
Volumetric Price (Option B)($/MWh)
$39.288
Low-Income Residential Price (Option C)($/kW-month)
$6.25
Yes. While many of the costs and other inputs that determine the subscription fees have been finalized, some of those inputs may change. Under the terms of the LPSC-approved settlement in Docket No. U-36190, Entergy Louisiana must submit a final Rider GGO price update in the third quarter of 2023, prior to the operational date of the first resource in the GGO portfolio. Entergy Louisiana will share information about the final GGO price before customers are asked to make a binding commitment to participate in the program. Once the GGO price is final next year, customers in the queue will be asked to sign an amendment to their electric service agreement (ESA) which will serve as the initial, binding, one-year commitment to participate in Geaux Green.
Once your subscription starts: each month, the subscription fees and bill credits for your subscription to the Geaux Green program will be included in your monthly bill from Entergy Louisiana.
Reservations for the program will be processed on a first-come, first-served basis. To the extent your Geaux Green reservation request is processed when there is still available capacity in the program, your subscription will not start until the new renewable resources are operational starting in 2024. In addition, similar to Entergy Louisiana’s fuel adjustment charge, application of Geaux Green subscription fees and bill credits on participants’ utility bills will be on a two-month lag. For example, a customer whose subscription starts in March 2024 will start seeing the effects of their participation in the program on their utility bill in May 2024. This delay is needed to receive and process the actual output of the renewable facilities each month.
Entergy Louisiana has designed an offering that is open to all customers classes and has an obligation to provide fair, non-discriminatory service to its customers. To provide multiple customers an opportunity to enroll in the offering, an initial 50 MW cap (assessed at the parent company level) will be imposed on the initial Geaux Green program.
ELL’s 2019 Final IRP and Draft 2023 IRP conclude that solar technology is more economic in the near-term, when compared to other renewable resources. The addition of solar resources to ELL’s portfolio will support the objectives of serving ELL’s customers reliably, at the lowest reasonable cost, while considering risk. ELL’s 2022 RFP is also seeking proposals for wind resources, in addition to solar. The Company will continue to monitor the cost and performance of other renewable technologies and seek opportunities for deployment within ELL's service territory. Should opportunities for cost-effective deployments arise, ELL will consider adding such renewable resource types to the overall Geaux Green portfolio in the future.
All of the resources will be located within the state of Louisiana, and the majority will be located within southeastern Louisiana, as shown on the map below.
No. After a customer has participated in GGO for at least one year, the agreement shall automatically be extended on June 1 of each year for successive periods of one year each until terminated by written notice given by one party to the other not more than six months nor less than two months prior to the expiration of the original term or any anniversary thereof.
No. The subscription fees are determined prior to enrollment based upon the cost of the renewable resources in the initial Geaux Green portfolio. Once the subscription fees are finalized in the third quarter of 2023, they are not expected to change annually. However, under the terms of the LPSC-approved settlement in Docket No. U-36190, once the Geaux Green subscription fees are finalized in 2023, they will remain in place until modified by a future Commission order. The Commission will only revisit the subscription fee prices under a few specific scenarios identified in the settlement (for example, in the event that more renewable resources are added to the Geaux Green portfolio). In the event that the LPSC approves a change to the Geaux Green subscription fees in the future, participating customers will be provided advance notice before their next opportunity to renew their participation in the program.
No, customers will enroll in a share of the entire Geaux Green portfolio. A portfolio of resources provides a number of advantages to relying upon a single renewable resource. Solar technology is intermittent in nature. Sourcing Geaux Green from a portfolio of different renewable resources in different areas provides participants locational diversity to mitigate the effect of weather in one location.
No. The solar projects in Louisiana that comprise the Geaux Green portfolio will be owned by third parties or Entergy Louisiana.
By enrolling in Geaux Green, you have the right to claim the environmental benefit of the RECs associated with your subscription. For businesses, the RECs can help reduce your company’s scope 2 emissions. Entergy Louisiana will retire RECs associated with your subscription on your behalf.
To be eligible, a customer must take metered service and have an account in good standing with Entergy Louisiana. This program is not offered to unmetered or lighting service.
Yes. As noted above, the monthly bill credit will offset the subscription fees for the program. If the value of energy produced by your subscription exceeds a certain threshold, you will see a net reduction in your monthly utility bill. For the Fixed Price Option, the bill effects are seasonal and customers will see more benefits in the summer months of the year, when solar produces more energy and power prices tend to be higher. For the Volumetric Price Option, participants will see a net reduction in their bill whenever the monthly MISO LMP prices exceed the Volumetric Price.
The initial Geaux Green tariff and any future expansions of Geaux Green will only be supplied by new renewable projects that have not yet been constructed.
The customer’s selection of the Fixed Price Option versus Volumetric Price Option is meant to be a one-time election prior to enrollment.
For utility-scale solar projects in Louisiana that utilize single-axis tracking, Entergy Louisiana generally expects a capacity factor between 27 – 30%. Please keep in mind that output from solar facilities degrades over time.
Participation in Geaux Green will not affect your account’s demand or electricity usage in a given month, and it would be separate from the base rate schedule/other riders that currently apply to your account.
Yes, under the Fixed Price option, a customer is still obligated to pay the monthly subscription fee for the duration of their enrollment; it would not be prorated. A customer interested in reducing the capacity factor risk should consider the Volumetric Price option.
No. Geaux Green is only open to customers of Entergy Louisiana.
Yes. The same Geaux Green subscription size for Option A and Option B would produce the same number of renewable energy credits (RECs) in the same timeframe.