PSC OKs utility’s decrease in fuel cost recovery
by Associated Press
Published: January 12,2012
Tags: bills, cooling, electricity, energy, fuel costs, heating, power, power generation, utilities
GULFPORT — State regulators have approved Mississippi Power Co.’s proposed decrease in the amount it recovers in its annual fuel filing.
Mississippi Power’s fuel costs are recovered from customers on a dollar-for-dollar basis. The company does not earn a profit on the fuel used to generate electricity.
Public Service Commission chairman Leonard Bentz says Mississippi Power customers will see an average of $2.20 reduction in their residential electric bills. Average usage is considered 1,000-kilowatt hours.
Bentz says the decrease should show up in utility bills as soon as February 2012.
Mississippi Power, a Southern Company subsidiary, serves approximately 188,000 customers in 23 southeast Mississippi counties.
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