by MBJ Staff Published: July 3,2012
Tags: credit, credit rating, debt, debt rating, downgrade, electric distribution, electric generation, elecvtricity, energy, power, Power plant, rate hike, ratepayer, state agency, utility
GULFPORT — Fitch Ratings has downgraded the Issuer Default Rating (IDR) of Mississippi Power Company (Mississippi Power) to “A-“ from “A” and revised the Rating Outlook to “negative” from “stable.” Fitch wrote: “The downgrade is driven by the recent Mississippi Public Service Commission (MPSC) order to deny Mississippi Power’s revenue increase request to earn a [...] [...]
by Associated Press Published: June 25,2012
Tags: electric distribution, electricity, elecvtric generation, energy, federal agency, federal government, federal law, license, nuclear energy, nuclear power, power, power distribution, power generation, utility
CLAIBORNE COUNTY — Entergy Nuclear officials say the license renewal for the Grand Gulf Nuclear Power Plant in Claiborne County remains on track. Grand Gulf’s license expires in 2024, and an application to extend it an additional 20 years is expected to be finalized by September 2013. On June 8, the U.S. Court of Appeals [...] [...]
by Associated Press Published: June 14,2012
Tags: construction, electric distribution, electric generation, electricity, energy, power, power distribution, power generation, Power plant, rate, rate hike, ratepayer, state agency, utility
KEMPER COUNTY — Mississippi Power Co. wants a 6 percent rate increase to pay for the coal-fired power plant it is building in Kemper County. Jeff Shepard, a spokesman for the Gulfport-based unit of Southern Co., said yesterday that would increase the company’s overall revenue from its 193,000 customers by about $50 million. The Mississippi [...] [...]
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