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Lower than predicted natural gas prices means Entergy Mississippi users to get bill credits for 6 months

Entergy

JACKSON — Entergy Mississippi customers will get a refund over the next six months thanks to lower natural gas prices. The Mississippi Public Service Commission on Thursday approved a plan for Entergy to issue $46 million in bill credits to customers beginning in September and ending in February. A residential customer using 1,000 kilowatt hours of electricity per month will ...

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Grammy Museum receives $100,000 from Entergy

Rendering courtesy of Dale Partners

The Mississippi Grammy Museum has received a $100,000 gift from Entergy Mississippi to support the museum’s operations, education outreach and public programs, according to a news release. The Museum expects to see 15,000 to 20,000 students per year and 80 percent of its focus will be on education, according to Jane Marie Dawkins, manager of education and public programs for ...

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PSC: Entergy membership saves $48 million for ratepayers

Entergy

Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s  membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, ...

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Location chosen for Entergy's pilot solar project in DeSoto

HUGHES — A location has been selected for a pilot solar project in DeSoto County. The Commercial Appeal reports vacant land at the northwest corner of U.S. 61 and the North Harrah’s casino entrance will serve as one of three testing sites for widespread solar power generation. The project was announced by Entergy Mississippi, a publicly owned utility that supplies ...

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Entergy gives solar a shot

By Jack Weatherly Entergy will build solar facilities in three Mississippi cities. It is designated a pilot project even though solar technology has been around for decades, because it is the first of “utility scale” in Mississippi, said Aaron Hill, manager of the project for Entergy. Construction will commence in the Jackson area in the second quarter and be completed ...

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Entergy plans three solar-power pilot projects

The Mississippi Public Service Commission has approved three solar power projects to be constructed by Entergy. The pilot projects, the first to be sponsored by a utility, will be built in Senatobia, Jackson and Brookhaven, Northern District Commissioner Brandon Presley said in a news release. Each will have the capacity to generate 500,000 kilowatts of electricity, the release said. Hattiesburg-based ...

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Entergy to build $23 million operations center

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 “improve operations and mitigate weather ...

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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 of $1.89 per share. The ...

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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 not to ask customers to ...

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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 by the Gulf region of ...

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