Miss. regulators OK small Entergy rate increase

by Published: December 11,2014

Tags: Business, energy, Entergy, Mississippi, NEWS

JACKSON — The Mississippi Public Service Commission is approving a new rate plan for Entergy, Mississippi’s largest private electrical utility. Commissioners voted unanimously for the plan Thursday. It will take effect with February bills. The plan increases overall rates by $16.2 million a year. A residential customer who uses 1,000 kilowatt hours per month would […]

Entergy to build $23 million operations center

by Published: November 11,2014

Tags: Entergy

Entergy Mississippi announced Tuesday it will build a $23 million, 24,775-square-foot transmission operations center in Jackson to monitor the transmissions system and coordinate outage repairs.  It is a twin to one announced this week in Little Rock for Entergy Corp.’s four-state service area. There had been five such facilities, but the two new centers will […]

Entergy’s earnings miss Wall Street’s expectations

NEW ORLEANS — Entergy Corp. today reported third-quarter earnings of $230 million. The New Orleans-based company said it had profit of $1.27 per share. Earnings, adjusted for non-recurring costs, came to $1.68 per share. The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings […]

Entergy agrees to cut $35M from its new rate plan

JACKSON — Entergy Corp. has agreed with Mississippi regulators to cut $35 million from the amount it is seeking from customers under a new rate plan, dropping the total to $14 million annually and setting the stage for the Public Service Commission to approve the plan by Dec. 9. Mississippi’s largest private utility also agreed […]

Entergy expects drop in quarterly as-reported earnings compared to last year

NEW ORLEANS — Entergy Corporation expects third quarter 2014 as-reported earnings of approximately $1.26 per share and operational earnings of approximately $1.67 per share. Results for third quarter 2013 were $1.34 per share on an as-reported basis and $2.41 per share on an operational basis. The Utility posted another quarter-over-quarter of industrial sales growth, led […]

Entergy Mississippi unveils energy-efficiency, cost-cutting programs

JACKSON — Entergy Mississippi is launching a number of programs designed to help improve energy efficiency and save money on bills. “The Mississippi Public Service Commission wanted utilities to create more opportunities for customers to save money on their electric bills through energy efficiency,” said Haley Fisackerly, Entergy Mississippi president and CEO. “Entergy Solutions is […]

Brandon Presley re-elected as president of Entergy Regional State Committee

by Published: September 24,2014

Tags: Business, energy, Entergy, Mississippi, NEWS, Newsmakers

Public Service Commissioner Brandon Presley has been re-elected as president of the Entergy Regional State Committee (E-RSC), a board consisting of utility regulators from Mississippi, Arkansas, Texas, Louisiana and the City of New Orleans with a mission of improving reliability and cost-savings within the Entergy electric system. Presley has served as president of the committee […]

Entergy again makes top 10 for economic development efforts

NEW ORLEANS — For the seventh consecutive year, Entergy Corporation has been named one of the nation’s top 10 utilities in economic development for 2013 by Site Selection magazine. The company was chosen for its efforts to help attract nearly $21 billion in projects, which could result in as many as 9,200 jobs across its […]

Entergy expects increase in as-reported, operational earnings

NEW ORLEANS — Entergy Corporation expects second quarter 2014 as-reported earnings of approximately $1.04 per share and operational earnings of approximately $1.10 per share. Results for second quarter 2013 were $0.92 per share on an as-reported basis and $1.01 per share on an operational basis. The increase in earnings reflected top line growth, particularly at […]

Entergy wants PSC to approve overhaul of entire rate structure

JACKSON — Entergy Corp. officials tell The Associated Press they will ask Mississippi regulators to overhaul the power provider’s entire rate structure in a proposal that would generated an estimated $49 million increase in annual revenue. The rate overhaul would be the company’s first in 12 years. Entergy Mississippi CEO Haley Fisackerly tells The Associated […]

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