Home » NEWS » Energy » Southern Pine to refund $2.5M in capital credits

Southern Pine to refund $2.5M in capital credits

TAYLORSVILLE — Southern Pine Electric Power Association has announced $2.5 million in capital credit refunds for the 2011 fiscal year.

SPEPA general manager Donald L. Jordan says refund checks will be mailed starting in mid-December.

Jordan says checks will be issued for amounts $25 and over. Customers getting less than $25 will receive a credit on their account.

The amount of the check is based on the amount of electricity each member used in 2011.

Jordan says the refunds represent the amount remaining after all operating, maintenance and general expenses are deducted from the year’s collections.

Southern Pine, headquartered in Taylorsville, has 65,000 meters in 11 counties in central and south Mississippi.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*