PSC OKs utility’s decrease in fuel cost recovery
Published: January 12,2012
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Host families prepare for Mississippi Braves’ season
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- Ridgeland property rights tussle is expected to have wide impact
- PHIL HARDWICK: When will Mississippi change its culture?
- Two new casinos like the odds on Mississippi Gulf Coast
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Starkville's Cotton Mill Marketplace hotel breaks ground Wednesday