-- Entergy (ETR) reported Q1 earnings on Wednesday, showing consolidated electricity sales rose to 30.7 gigawatt-hour, up from 29.4 GWh for the same period a year ago.
Industrial sales jumped 14.9% to 15.9 GWh compared to 13.8 GWh the previous year, despite a slight 0.9% drop in the number of industrial customers.
Residential sales fell 8.3% to 8.06 GWh in Q1 compared to 8.8 GWh for the corresponding period a year earlier. Commercial sales slipped slightly to 6.23 GWh during the quarter, down from 6.24 GWh, as governmental sales declined 0.9% to 555 GWh.
Total customer accounts grew 0.7% to just over 3.06 million in Q1, up 3.04 million, buoyed by a 5.8% rise in governmental customers and a 0.8% increase in residential accounts.
Wholesale volumes surged 70.7% to 2.79 GWh, contributing to an overall 8% increase in total electricity sold to reach 33.5 GWh.
Price: $116.51, Change: $+3.35, Percent Change: +2.96%