Attached files
EXHIBIT
34.1
ATTESTATION
REPORT ON ASSESSMENT OF COMPLIANCE WITH
SERVICING
CRITERIA FOR ASSET-BACKED SECURITIES
REPORT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the
Board of Directors and Shareholder
Entergy
Texas, Inc.
Beaumont,
Texas
We have
examined management's assertion, included in the accompanying Management’s
Report On Assessment of Compliance With Servicing Criteria For Asset-Backed
Securities, that Entergy Texas, Inc. (the "Company") complied with the servicing
criteria set forth in Item 1122(d) of the Securities and Exchange Commission's
Regulation AB applicable for Entergy Texas Restoration Funding, LLC’s Senior
Secured Transition Bonds (the “Securities”) as of December 31, 2009 and for the
period November 6, 2009 through December 31, 2009, excluding criteria
1122(d)(1)(ii), (1)(iii), (1)(iv), (2)(iii), (2)(vi), (4)(iii), (4)(v), (4)(ix),
(4)(x), (4)(xi), (4)(xii), (4)(xiii), and (4)(xv), which management has
determined are not applicable to the activities performed by the Company with
respect to the Securities. Management is responsible for the
Company's compliance with the servicing criteria. Our responsibility
is to express an opinion on management's assertion about the Company's
compliance with the servicing criteria based on our examination.
Our
examination was conducted in accordance with attestation standards established
by the American Institute of Certified Public Accountants, as adopted by the
Public Company Accounting Oversight Board (United States), and, accordingly,
included examining, on a test basis, evidence about the Company's compliance
with the applicable servicing criteria, including tests on a sample basis of the
servicing activities related to the Securities, determining whether the Company
performed those selected activities in compliance with the servicing criteria
during the specified period, and performing such other procedures as we
considered necessary in the circumstances. Further, an examination is
not designed to detect noncompliance arising from errors that may have occurred
prior to the period specified above that may have affected the balances or
amounts calculated or reported by the Company during the period covered by this
report. We believe that our examination provides a reasonable basis
for our opinion. Our examination does not provide a legal
determination on the Company's compliance with the servicing
criteria.
In our
opinion, management's assertion that the Company complied with the
aforementioned applicable servicing criteria as of December 31, 2009 and for the
period November 6, 2009 through December 31, 2009 for Entergy Texas Restoration
Funding, LLC’s Senior Secured Transition Bonds is fairly stated, in all material
respects.
/s/
Deloitte & Touche LLP
New
Orleans, Louisiana
March 29,
2010