Entergy wants PSC to approve overhaul of entire rate structure
Published: June 10,2014
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 Press that rates would rise by less than $1 a month in January for a typical residential customer, after a fuel surcharge expires in December.
The company made the rate request today to the state Public Service Commission, which must approve the proposal.
Under the plan, Entergy says it would build three solar energy projects to offer “green” power to customers.
New Orleans-based Entergy serves 441,000 customers in 45 Mississippi counties.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Two BancorpSouth mergers delayed by federal inquiries
- Severstal selling plants, including Severstal Columbus
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Moon River Foods creating 100 jobs in Mississippi Delta
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Communities awarded national Main Street accreditation
- Police find Attorney General Hood's stolen handgun
- Pickwick Pines settles lawsuit; pays $260K
- MSU sets new annual fundraising record of $106M-plus